Barnaby Joyce

Immediate Relief for Farming Families takes Drought Relief to $576 million

06 Aug 2018

More drought support is on the way from the Federal Government for farming families across the New England to help them and their rural communities during these incredibly dry times.

 

The Coalition Government has announced two lump sum supplementary payments to the Farm Household Allowance. Farming families will now receive up to a total of $28,000 a year in assistance following a boost of up to $12,000 per annum to FHA for eligible households.

 

Thousands more farming families will be able to access the FHA as the Coalition increases the net asset threshold cap from $2.6 million to $5 million.

 

This week’s announcements bring the total support provided by the Coalition to households and communities in drought to $576 million, with more to come.

 

Member for New England, Barnaby Joyce, said the $190 million package of immediate relief announced on Sunday, including support for mental health services, was the result of concerted efforts to push for more assistance for farmers across the New England electorate.

“I’ve been standing up in my joint party room, I’ve been bringing it to the attention throughout Government, fighting for those on the land doing it tough and driving this agenda on drought,” Mr Joyce said.

 

“We’re not backing down on our commitment to drought-hit farmers in the New England, we’re in this for the long haul and we will stick by our farmers every step of the way.

 

 “I want to make sure farming families and communities get all the support they need to get through the drought, recover and get back on their feet.

 

“These extra FHA payments will help get cash in the door so families can pay their bills and get their kids to school. This will flow through to small businesses across the New England.”

 

Minister for Agriculture David Littleproud said raising the net assets cap for access to the FHA to $5 million will help farmers who have little cash flow.

 

“Owning expensive farm equipment doesn't pay the bills,” Mr Littleproud said.

 

“These threshold changes mean an additional 8000 farmers could become eligible for FHA support.”

 

Additional measures announced today also include;

 

Fast facts:

(ENDS)

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