Off-farm assets limit lifted to $5M to access drought assistance

Northern Tablelands Local Land Services offices can help with applications for drought support.
Northern Tablelands Local Land Services offices can help with applications for drought support.

It’s now easier for farmers and their families to access the Drought Transport Subsidies and the Drought Assistance Fund thanks to a relaxing of the gross off-farm asset test.

Member for Lismore Thomas George said the current criteria is being lifted from a $1 million off-farm assets to $5 million, which means more farmers will now be eligible to access drought assistance. 

“This change acknowledges the efforts of farmers who have diversified their assets, but understandably still need help during these tough times,” Mr George said.

Criteria for ‘new entrants’ have also been created within the state government’s drought assistance guidelines to support farmers who are new the industry.

“New entrants, including many young farmers, will now have greater access to government assistance which will be particularly beneficial as they establish their businesses,” he said.

In addition to amending the access criteria, Mr George said the government is also making it easier for farmers to get help completing and submitting drought support applications, with Local Land Services offices now providing this assistance.

“Farmers in the region can now visit Northern Tablelands LLS for assistance with preparing and submitting their applications for drought support,” Mr George said.

“In addition, the Rural Assistance Authority (RAA) is now open until 10 pm weeknights, allowing farmers who have been out in the paddocks all day a greater opportunity to seek support”.    

“These changes will ensure farmers can access the support they need and receive their subsidy payments as quickly as possible.”

For more information go to www.droughthub.nsw.gov.au.

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