LDC New Incentives Report | Page 104

INCENTIVE TYPE INCENTIVE NAME ORGANISER / GOVERNMENT
BRIEF SUMMARY
ELIGIBILITY AND FURTHER DETAILS
Assistance( Essential Working Capital) Scheme for an eligible disaster- not both.
� http:// www. qrida. qld. gov. au / currentprograms / Disaster-recovery / natural-disasterassistance / natural-disaster-assistance-smallbusiness
Low interest loans
Low interest loans
Natural Disaster QLD Gov: QRIDA Assistance-( Essential Working Capital)- Primary Producer
Natural Disaster QLD Gov: QRIDA Assistance Essential Working Capital- Small Business
� Low interest loans to assist with essential working capital for primary producers impacted by natural disasters.
� Low interest loan up to a maximum of $ 100,000, max of 7-year term, up to 2 years may be interest only. Specific rate offered depends on the relevant natural disaster. Assists with essential working capital for expenses such as: paying salaries or wages, paying creditors, paying rent or rates, buying goods, including for example, fuel essential to carry on the primary production enterprise, buying fodder or water for livestock or produce or transporting livestock or product.
� Low interest loans to assist with essential working capital for small businesses impacted by natural disasters.
� Low interest loan up to a maximum of $ 100,000, max of 7-year term, up to 2 years may be interest only. Specific rate offered depends on the relevant natural disaster. Assists with essential working capital for expenses such as: paying salaries or wages, paying creditors, paying rent or rates, buying goods, including for example, fuel essential to carry on the small business.
� Must have suffered a significant loss of income as a result of an eligible disaster and your enterprise must be located in an activated local government area. Currently: Severe Tropical Cyclone Nora and Associated Flooding 24 – 29 March 2018; North Queensland Flooding 6 – 10 March 2018; North and North West Queensland Low and Associated Rainfall and Flooding, 24 February – 8 March 2018; Central Coast Queensland Severe Weather, 16- 19 October 2017; Severe Tropical Cyclone Debbie and associated rainfall and flooding, 28 March- 6 April 2017. NOTE: primary producers can only receive assistance under the Natural Disaster Assistance Scheme OR the Natural Disaster Assistance( Essential Working Capital) Scheme for an eligible disaster- not both.
� http:// www. qrida. qld. gov. au / currentprograms / Disaster-recovery / natural-disasterassistance-essential-working-capital / nda-essentialworking-capital-primary-producer
� Must have suffered a significant loss of income as a result of an eligible disaster and your enterprise must be located in an activated local government area. Currently: Severe Tropical Cyclone Nora and Associated Flooding, 24 – 29 March 2018; North Queensland Flooding 6 – 10 March 2018; Severe Tropical Cyclone Debbie and associated rainfall and flooding, 28 March- 6 April 2017; NOTE: Small businesses can only receive assistance under the Natural Disaster
102 | Landholders driving change: Exploring new incentives