The NFF discerns that the establishment of the RIC is a significant opportunity to further the agricultural sector through the administration of farm business loans and the delivery of funding for infrastructure projects. To that end, the farming community is largely supportive of the proposed RIC. The concessional loans have the potential to lead farmers through drought preparedness and recovery, to establish innovative farm-based activities and to promote the presence and accession of young farmers in the industry.
You may also like
NFF welcomes launch of national food security strategy process
The National Farmers’ Federation welcomes the Federal Government today releasing the “Feeding Australia: A National Food Security Strategy” discussion paper. NFF President David Jochinke said it was pleasing the see...
Third Independent Review of the Water for the Environment Special Account
It remains unclear whether recent and proposed Commonwealth water purchases are being financed through WESA or via the undisclosed Federal Budget allocation. If the latter is correct, then remaining WESA funds should be...
Australian Law Reform Commission: Review of the Future Acts Regime
At a high-level, NFF does not support the proposals outlined in the Discussion Paper. Reforms must be guided by the principles of efficiency, fairness, and supporting regional economic resilience. In our view, the...
Add comment