Petrikas Lane , TENNYSON Ph : 4576 5555 STOCKISTS OF LEADING BRANDS
LIVING ON THE LAND
Low interest loans for low emissions machinery
MULE SX 401cm 3 | 2x4 | PETROL
MULE SX XC 4X4 401cm 3 | 4x4 | PETROL
MULE PRO DX EPS 993cm 3 | 4x4 | DIESEL
MULE PRO DXT EPS 993cm 3 | 4x4 | DIESEL
Farmers for Climate Action ( FCA ) has warmly welcomed news that lowemissions heavy equipment , trucks and utes will be eligible for low-interest loans under a new scheme supported by the Federal Government .
- $ 300M program offers low-interest loans for low emissions trucks , utes and machinery
- Offers farmers a carrot , not a stick , to reduce emissions on-farm
- Farmers want to reduce emissions whilst remaining profitable
The Emissions Reduction Incentive Program for farmers will offer loans at 1.15 % less than market rates through NAB ’ s arrangement with the Governmentowned Clean Energy Finance Corporation . Hybrid , electric and hydrogen powered trucks , utes and machinery , will be eligible .
Some $ 300 million is available under the program , with loans expected to largely be in the amount of $ 1 million to $ 5 million . This means farmers could save in the order of $ 50,000 a year on interest costs .
FCA CEO Natalie Collard , said it was fantastic to see the Government using the carrot rather than the stick with farmers on emissions reduction .
“ This is exactly the sort of program our 8400 farmer members have been calling for . Farmers want to know how to reduce emissions whilst remaining profitable , and this program gives them a way to do that , if they choose . That ’ s how you keep farmers farming . Credit where credit is due ,” Ms Collard said .
“ Farmers know why we need to reduce emissions - this year ’ s bushfires remind us that climate change is hurting farmers now .
“ We warmly welcome this scheme because it gives farmers choice . If a farmer wants to choose a hydrogen , hybrid or electric powered machinery , the farmer can choose to take a low-interest loan to get it . As the technology proves itself , other farmers can also choose lowemissions machinery if they wish .
“ Australia ’ s farmers have a tradition of clean , green farming , and we want to continue that tradition so our kids can farm forever .”
5 Walker St , South Windsor Phone 4577 4622 www . gwsmachinery . com . au
SCAN TO VIEW OUR WEBSITE
Dick Petrikas
Chainsaws , Mowers , Tractors
Workshop & Mobile
Farm & Garden Equipment Mechanic
SERVICE & REPAIR in the Hawkesbury , Hills , Western suburbs & surrounds
Keeping your machinery moving
Easy to drive steering wheel Zero Turn Mower
SUBSCRIBE NOW
Email us today @ info @ hdinews . com . au
Put SUBSCRIBE in the subject line and we will add you to our digital mail out list !
Links to our online editions plus news , giveaways and more !
TO OUR DIGITAL EDITION
RANGE OF FIRE PUMPS & HOSES
Petrikas Lane , TENNYSON Ph : 4576 5555 STOCKISTS OF LEADING BRANDS
THE HAWKESBURY INDEPENDENT theindependentmagazine . com . au HAPPY LUNAR NEW YEAR ! ISSUE 177 // FEBRUARY 2025 27