Regional financial counsellors will continue their free and confidential services to farming families across the state thanks to a $75,000 annual funding boost from the Palaszczuk Government.
The Rural Financial Counselling Service (RCFS) provides free financial analysis, information and support for farmers and agricultural businesses.
The increasing contribution from $250,000 to $325,000 a year is helping producers cope that little bit more with the impacts of record-breaking droughts.
Agriculture Minister Leanne Donaldson says the RCFS is a lifeline for regional communities.
“I know that the independent advice from RCFS is helping rural enterprises to restructure their debt, negotiate with banks, develop financial strategies to get primary producers through the drought and plan for the future,” Minister Donaldson says.
“This is a timely boost to a service that is making an important contribution to help farming families through a difficult time.”
In the financial year alone, the number of claims made by primary producers has exceeded 3,500 with more than $9 million in freight subsidies and $7.3 million in emergency water infrastructure rebates processed.
The government’s drought relief arrangements are to be carried out until 2018 with long-term climate risk management plans in place, ready for the next drought.
The boost is a step in the right direction for farming communities to receive the support and help they need to make it through the drier seasons.