$40k for NSW Drought Transport subsidy from July 1
- By: "Farm Tender" News
- Water & Irrigation News
- Jul 03, 2019
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This article is bought to you by Bruce Robertson Transport.
The Emergency Drought Relief Package 2019-20 includes $70 million for Drought Transport Subsidies. From 1 July 2019, eligible farm business' will be entitled to receive up to $40,000 for period 1 July 2019 to 30 June 2020.
The subsidy can be applied for the cost of transporting fodder, water to a property for stock or domestic use, stock to and from agistment, and stock to sale or slaughter.
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The subsidy covers up to 50% of the full cost of freight up to a maximum of $5 per kilometre (+GST).
The Drought Transport Subsidy is available to farmers in NSW who own and operate a farm business and can be applied to; the cost of transporting fodder, water to a property for stock or domestic use, stock to and from agistment, and stock to sale or slaughter.
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Key Criteria:
* owner and operator of a farm business in NSW, and
* operate as a sole trader, partnership, trust or private company and trade agricultural products, and
* business is registered with the Australian Taxation Office as a primary producer, and have an Australian Business Number (ABN), and
* owners and operators of the business earn more than 50% of their gross income from the primary production enterprise under normal seasonal circumstances. Applications from new entrants will be considered on a case by case basis; or
* The owners and operators of the business have commenced their farming operation between 1 July 2015 and 30 June 2018 and 50% of their gross income will be derived from the farm business within three years of the date of the application. The applications of new entrants will be considered on a case by case basis.
* The business is being negatively impacted by drought conditions, and
* The owners and operators of the business do not have gross off-farm assets exceeding $5,000,000 (excluding funds in a registered superannuation fund).
https://www.raa.nsw.gov.au/grants/transport-subsidy
https://www.raa.nsw.gov.au/grants/transport-subsidy
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