Friday, 21 February 2020
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Low interest loans from govt for bushfire affected

Low-interest loans of up to $250,000 were made available for Bushfire-affected farmers, small business and not-for-profit organisations in the Scenic Rim.

Federal Minister for Natural Disaster and Emergency Management, David Littleproud, said loans of up to $100,000 were also available for those who had indirect losses, such as loss of profit. 

“This makes affordable finance easy to access for those who need it most, anyone interested can go to disasterassist.gov.au or call 1800 623 946 to see if they’re eligible.”

The state Minister for Agricultural Industry Development and Fisheries, Mark Furner, said the assistance under jointly-funded Commonwealth-State arrangements was activated based on damage reports conducted in the areas affected by bushfires.

“Southern Queensland has been battling severe bushfires and these fires will have immediate and ongoing economic consequences for local businesses,” Mr Furner said.

“Most damage observed to-date is fire damage to fencing, hail netting, poly tanks and poly pipes and the loss of already scarce pastures. 

“Fortunately, there are not widespread reports of livestock losses.”

Minister for Employment and Small Business Shannon Fentiman said many of the businesses affected rely on tourism as their main source of income and are already reporting cancellations for accommodation and a downturn in trade. 

“I also urge Queenslanders to purchase their goods and services locally. Small businesses are the lifeblood of these communities and they need our support.”

Freight subsidies of up to $5,000 for primary producers are also available to assist with recovery, including shipment of materials, fodder and water, as well as the removal of livestock from burnt pastures.”