Medium to large business recovery loans - $150 million

This loan scheme will support medium to large businesses, including primary producers, related agricultural businesses, and other businesses critical to their supply chain severely impacted by the disaster events.

Businesses may include large scale primary producers, critical large agricultural supply chain businesses such as meat processors and produce markets and medium to large non-agricultural businesses critical to their industry such as equipment manufacturers and transport companies.

Status

This program is currently under development. 

Administering agency

Queensland Rural and Industry Development Authority (QRIDA). 

Eligible applicants

  • Eligible medium to large businesses severely impacted, with extreme damage.

In the 37 LGAs activated for assistance following the Central, Southern and Western Queensland Rainfall and Flooding, Ex-Tropical Cyclone Seth and South East Queensland Rainfall and Flooding events.

Funding

Jointly funded (50:50) by the Queensland and Australian Governments under Category D of the Disaster Recovery Funding Arrangements (DRFA).