Business
Drought loan funds still pending a year after applying, and this farmer is fed up with excuses – ABC News
At the height of the drought Sally White spent her days feeding and watering cattle to ensure they survived. A year on she’s still fighting for federal drought…
At the height of the drought, described by many as the worst in living memory, Sally White spent her days feeding cattle and ensuring they had enough water to survive.
Key points:
- Drought loans were offered through the Federal Government’s Regional Investment Corporation
- The average processing time for RIC drought loans is more than 300 days
- Agriculture Minister David Littleproud said the loans have been “seriously delayed” due to “sheer demand”
Most days, it would be 14 to 15 hours’ work on the Angus…
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