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Australia Government to unveil $1 billion in drought relief

22:15  06 november  2019
22:15  06 november  2019 Source:   9news.com.au

Morrison hints at new drought-relief money

  Morrison hints at new drought-relief money Prime Minister Scott Morrison has confirmed a fresh round of drought relief is under cabinet consideration, with an announcement expected soon. Prime Minister Scott Morrison has foreshadowed fresh drought relief for farmers and communities under pressure from the extended dry spell. The federal government is expected to announce additional funding amid pressure from the Nationals and the National Farmers' Federation to help drought-stricken areas."We're considering further measures and have been for some time," Mr Morrison told reporters in Sydney on Monday.

Thursday, 7 November 2019 Government to unveil $ 1 billion in drought relief | Sky Australia News Prime Minister Scott Morrison will announce details of a

With 99 per cent of the State now in drought the NSW Government has today announced further support with a 0 million Emergency Drought Relief Package, taking the NSW Liberals & Nationals total drought support to more than $ 1 billion . Premier Gladys Berejiklian said farmers are facing one

Prime Minister Scott Morrison will today announce details of a new $1 billion drought relief package for struggling farmers and rural communities.

They will also be able to access cheap loans up to $500,000 to help them survive the long dry spell. And conditions on already-concessional loans for farmers will be eased.

Under the improvements to the Regional Investment Corporation's farm drought loans, the interest-free period will run for up two years, with interest-only payments in years three to five and interest and principal for years six to 10.

Breeding cows sent to slaughter as drought forces cattle properties to run dry

  Breeding cows sent to slaughter as drought forces cattle properties to run dry Generations of Australia's prime breeding cows are heading to slaughterhouses as a lack of water and feed sees more producers opt to "cash in and get out".Almost 100,000 female cattle have been sold collectively in New South Wales at saleyards in Scone, Singleton, Tamworth, Gunnedah and Dubbo this year alone.

Jerry Brown and legislative leaders from both parties unveiled a $ 1 billion relief plan to deal with the crisis. The changes and the legislation come as more than 93 percent of California is mired in drought conditions that are considered severe or worse, the latest figures from this week revealed.

4. The USDA first unveiled the trade mitigation package on July 24 but at the time provided few details. The government 's program to purchase up to .2 billion in certain commodities impacted by Cotton represented another $ 1 billion in exports to China while pork and dairy products each

The current conditions are interest-only for the first five years and principal and interest for the remainder of the 10-year term.

Scott Morrison standing in front of a crowd: Prime Minister Scott Morrison says he has been listening to farmers and rural communities. He will announce details of a new drought relief package.© AAP Prime Minister Scott Morrison says he has been listening to farmers and rural communities. He will announce details of a new drought relief package.

Small businesses dependent on agriculture will have access to concessional loans of up to $500,000, under similar conditions to the new drought loans.

It will cover businesses such as harvesting and shearing contractors, livestock transport providers, stock and station agents and agricultural equipment and repair providers which employ 19 workers or fewer.

The federal government is expecting more than $1 billion in loans to be extended to farmers and rural businesses under the scheme.

Drought top of mind as PM returns to Aust

  Drought top of mind as PM returns to Aust Prime Minister Scott Morrison will be focused on the government's next measures to help drought-hit regions of Australia as he returns from Thailand.Mr Morrison is due to land in Canberra on Tuesday morning after being heartened to see what he deemed "respite rain" in parts of central west and northwest NSW.

Hong Kong unveiled measures worth HK0 billion ( billion ) in its annual budget on Wednesday to bolster an economy grappling with a coronavirus outbreak and months of REUTERS/Tyrone Siu. HONG KONG (Reuters) - Hong Kong unveiled measures worth HK0 billion ( billion ) in its

The Morrison government is being forced to review all 123 councils eligible for drought relief after it admitted it used the wrong weather data to award a Flooding in supposedly drought stricken Moyne Shire in August. Credit:The Standard. The government on Monday night admitted to The Sydney

Mr Morrison will announce reveal further details of the plan today.

"Our drought plan is not set and forget," Mr Morrison said.

"We have been back on the ground listening to farmers and their communities, and this package is a direct response to their feedback."

a man sitting at a beach: Farmers and rural businesses will be able to access cheaper loans under the new drought relief package. © AAP Farmers and rural businesses will be able to access cheaper loans under the new drought relief package.

The second part of the package is about stimulating local economies in rural regions.

The federal government will  redirect $200 million from the Building Better Regions fund to create a special drought round, providing up to $10 million per project in regional local government areas

Up to $138.9 million will be provided via a Roads to Recovery supplementary payment for 128 local government areas in drought, for upgrades and maintenance of roads.

And six more local government areas will be added to the existing drought communities program, which since 2018/19 has involved a commitment of $123 million to a range of job-creation projects.

PM to announce final details of the govt's drought strategy

  PM to announce final details of the govt's drought strategy Prime Minister Scott Morrison is expected to thrash out the final details of the government's drought strategy on Wednesday as he meets cabinet ministers in Sydney.  After weeks of infighting and leadership rumblings, Deputy Nationals leader Bridget McKenzie told her colleagues to "get on with the job". "That's the very least we can do for the rural and regional Australians that sent us to Canberra," Ms McKenzie said. But an unlikely alliance is threatening to steal the Coalition's thunder in the regions, as Pauline Hanson and Bob Katter embark on a four-day drought tour.

The NSW Government has also announced more than $ 1 billion in drought relief measures, including transport subsidies, waivers on farming costs The devastating effects of the drought are expected to continue for some time, with charities and support organisations scrambling to help as

Hong Kong unveiled measures worth HK0 billion ( billion ) in its HONG KONG (Reuters) - Hong Kong unveiled measures worth HK0 billion ( billion ) in its annual budget on Wednesday to bolster an economy grappling with a coronavirus outbreak and months of anti- government protests.

More announcements are expected to be outlined today, building on the work of drought task force coordinator Major-General Stephen Day.

About two-thirds of Queensland is affected by drought, while over 98 per cent of NSW has been impacted.

A farmer from rural Queensland says he has been forced to work © AAP A farmer from rural Queensland says he has been forced to work

Victoria has a number of dry regions, mainly in the northwest, while Western Australia and South Australia have set records for low rainfall.

Nationals MPs have been calling for $1.3 billion to be spent on drought-affected communities.

Labor has accused the government of sitting on its hands, having had a report from the drought task force led by Maj-Gen Day since April.

With AAP

Labor closes gap on coalition in Newspoll .
A damning review hasn't affected the ALP, putting it on even pegging on a two-party preferred basis, as the drought and economy weigh on the government.The government's billion-dollar drought relief package has not tracked through to the voters interviewed for the latest Newspoll in The Australian on Monday.

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