loader image

Home > Blog > Small Business Drought Loans

Small Business Drought Loans

Date: 19 November 2019

You may have heard recently in the media that the Australian Government has announced drought loans for small businesses where that business services the agricultural sector. We have received enquiries about these loans, but unfortunately with respect to the Small Business Drought Loan the details have not yet been fully released. There is some limited information available on the Regional Investment Corporation (RIC) website, please see the link below. The RIC have advised us they are hopeful full details will be released prior to Christmas.

Watch this space, we’ll keep you posted!

https://www.ric.gov.au/help/announcements

Start today

To discuss with one of our estate planning experts. Start by emailing us at enquiries@rm.net.au

Contact Us +

Know More

NSW First home buyer property tax

NSW First home buyer property tax

From Saturday 12 November 2022 first home buyers can opt in to pay an annual property tax rather than stamp duty when buying their first home. The Bill to introduce this measure has completed its passage through NSW parliament and received assent today [Friday 11...

read more
Are Your Contractors Employees?

Are Your Contractors Employees?

Two landmark cases before the High Court highlighted the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes. Many business owners assume that they will not be responsible for PAYG withholding,...

read more
Succession planning – NSW farming families

Succession planning – NSW farming families

The stamp duty exemption for farms in NSW has recently been broadened and will greatly increase the succession planning options available to families in the rural sector.   The past exemption for transferring farming properties between generations requires the...

read more