Media Release

Interest rates drop for farm business concessional loan schemes

27 July 2015

Interest rates on loans across the Australian Government’s concessional loan schemes for farm businesses are set to fall on 1 August.

Minister for Agriculture, Barnaby Joyce, said the government was providing $250 million a year for the next 11 years through the Agricultural Competitiveness White Paper in low interest drought loans to give farmers surety of access to more affordable credit during difficult periods.Read More