loader image

Home > Blog > Summary of important changes to RAA funding for drought assistance

Summary of important changes to RAA funding for drought assistance

Date: 14 July 2020

The RAA have recently announced changes to the 2020 Drought Package, by committing an additional $310 million in funding towards emergency drought relief. The extended support – along with an increase to the Drought Assistance Fund (DAF) – includes more investment towards subsidies like the Drought Transport subsidy and waiving rates, permit fees, and other costs such as vehicle registration for eligible primary producers.

Below are two of the most recent changes to the fund:

  • From 1 July 2020, the NSW Government has lifted the cap for the Drought Assistance Fund (DAF) from $50,000 to $100,000 per primary producer.*
  • The transport cost for restocking (also applies to transport of  seed for croppers) can now be claimed.**
*the purchase of livestock for re-stocking cannot be included however,
** the transport cost for restocking (also applies to transport of  seed for croppers), can be funded via the Drought Assistance Fund – DAF

More details on the memo will be announced in the coming days. For more details on the  Drought Package or DAF visit the links below:

2020 Drought Package – https://www.dpi.nsw.gov.au/climate-and-emergencies/droughthub/2020-drought-package

Drought Assistance Fund (DAF) – https://www.raa.nsw.gov.au/loans/drought-assistance-fund

Know More

ATO Portal Update

ATO Portal Update

Client-to-agent linking now applies to all entity types with an ABN (excluding sole traders). This was implemented on the 13 November and includes entity types such as companies, trusts, partnerships, superannuation funds and not-for-profits. Client-to-agent linking...

read more
Congratulations to Bernadette Garratt on 20 years!!

Congratulations to Bernadette Garratt on 20 years!!

Bernadette Garratt, one of our amazing Business Services Partners, recently reached a special milestone. September marked her 20 years as a Partner of Roberts + Morrow. Well done Bernie on an amazing achievement. We thank you for your hard work and dedication to the...

read more