What the drought package means for farmers 20180805 p5wjju.html – Breaking News & Latest Updates 2026
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This was published 8 years ago

What the drought package means for farmers

AAP

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* Households eligible for Farm Household Allowance to get extra payments on September 1 and March 1 next year.

* Couples will get up to $12,000. Singles will get up to $7200.

* That's on top of the base fortnightly payment totalling about $16,000 a year for farmers doing it tough.

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* Net asset threshold cap for FHA increased from $2.6 million to $5 million, likely to make about 8000 housholds eligible for the payment.

* Comes after FHA limit was extended from three to four years in June.

* Rural Financial Counselling Service to get an extra $5 million to help people apply for the allowance, with almost 20,000 eligible farmers yet to apply.

* Communities can apply for funds up to $1 million for community-led mental health and community resilience initiatives

* More money for youth e-mental health service ReachOUT to go into drought-affected communities

* An extra $15 million for the Foundation for Rural and Regional Renewal with small grants for not-for-profit community groups.

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