The Federal Government has doubled the amount of money available for low-interest loans to help drought-stricken farmers.
The move increases the loan allocation to $2 million and is among a raft of changes announced by Prime Minister Malcolm Turnbull in the New South Wales town of Forbes on Sunday.
Mr Turnbull said farmers were good businesspeople and would consider loans carefully.
“Farmers take on debt very prudently and of course the assessment of the loan takes into account their situation, so don’t underestimate the business sense and savviness of o…
Read the full article at: http://www.abc.net.au/news/rural/2018-08-19/turnbull-drought-assistance-follow/10137866