Drought Ready and Resilient Fund - Low Interest Loan

Low interest loans of up to $250,000 are available to primary producers in NSW to fund a broad range of products, activities and services aimed at improving drought preparedness and climate variability resilience.

The DRRF loan can be used to fund a broad range of purchases, activities and services as listed below:

Animal Welfare:

• purchasing and transporting fodder up to a maximum value of $100,000
• purchasing and transporting stock and domestic water
• purchasing livestock feed storage, mixing and feeding equipment
• transporting stock to sale or agistment
• veterinary/professional nutrition or animal welfare advice
• genetic banking where destocking of stock is demonstrated
• fencing for rotational grazing, exclusion and cluster fencing, construction of containment feeding pens, stock shade structures
• planting of trees.

Farm Preparedness:

• on-farm water infrastructure (tanks, stock water systems, pumps, new dam construction, drilling bores, irrigation efficiency upgrades, water conservation infrastructure)
• on-farm grain and fodder storage infrastructure (silos, grain bunkers, hay sheds, silage pits)
• livestock feeding equipment
• infrastructure repairs/maintenance (dams, channels, fencing)
• upgrades and additions to planting machinery (moisture seeking points and minimum til conversions).

Income diversification:

• income diversification funding to promote and finance diversified income streams within the farm gate
• funding to promote and finance alternative primary production income streams within the farm gate.

Environmental:

• pest and weed control
• on-farm solar power conversion to mitigate the impacts of drought
• soil conservation and earthworks (including erosion control, contour banks, overbanks (keyline), water ponding and the management of vegetation and maintaining groundcover)
• soil biology, or compost making equipment.

Training and Business Development:

• training and professional development activities that improve business resilience to drought
• professional consulting services directly related to drought preparedness, for example, animal nutrition consultation and planning.