The Australian Government has established the Regional Investment Corporation (RIC).
From 1 July 2018, farmers will need to apply to the RIC for the Commonwealth’s farm business concessional loans.
The RIC will offer two loan products for farm businesses:
- Farm Investment Loans
- Drought Loans.
For more information about the loans and eligibility requirements please contact the RIC on 1800 875 675 or visit the RIC website.