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

EOI – Payday Super Workshops

EOI – Payday Super Workshops

Our Payday Super workshops have been well received across our Glen Innes and Tamworth offices, and the responses have been extremely positive. Sessions have been well attended, with clients leaving feeling more informed, confident, and prepared for the changes ahead....

read more
Armidale Keynote Event – Leading on the Edge

Armidale Keynote Event – Leading on the Edge

Last week, we were proud to host the Leading on the Edge Keynote Event in Armidale as part of R+M’s 75‑year celebrations. Held at the Armidale Ex‑Services Memorial Club, the event brought together clients and business leaders from across the New England North West....

read more
Payday Super Reforms

Payday Super Reforms

Payday super reforms (Australia) commence 1 July 2026. Employers will need to pay Super Guarantee (SG) contributions at the same time as wages, rather than quarterly. What’s changing • Super must be paid on payday: employers must pay SG at the same time as wages...

read more