Dairy loans now available

South Australian dairy farmers who are suffering from a damaging drop in milk prices now have access to the Federal Government’s Dairy Recovery Concessional loans.

South Australia was the first jurisdiction in Australia to commit to taking part in the Dairy Recovery Concessional Loans and the first jurisdiction to offer immediate support to the sector, through the Taking Stock counselling program.

Agriculture Minister Leon Bignell said that the State Government was working hard behind the scenes to ensure the Dairy Recovery Concessional Loans are available for the state’s dairy farmers.

“As a Government we want dairy farmers to know we have their interests at heart and we will do everything we can to help them in this difficult time,” Mr Bignell said.

“Throughout the process, the State Government has continually encouraged dairy farmers to contact us for advice and information so we are aware of who the people most in need are.

“It is a timely reminder to consumers that we all have the power to help dairy farmers by making the correct decisions when buying milk.”

To be eligible for a concessional loan, dairy farmers will need to demonstrate they supplied milk to Murray Goulburn and/or Fonterra in 2015-16.

Farmers can find loan guidelines and more information at www.pir.sa.gov.au/dairyrecovery

Apply for the loans by contacting PIRSA on 1800 182 235 or emailing pirsa.ruralfinance@sa.gov.au

Page Last Reviewed: 11 Jul 2016
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