Today the NSW Government announced a further $500 million Emergency Drought Relief package to help our farmers during this very tough time, taking the NSW Liberals & Nationals total drought support to more than $1 billion.
The three major elements of the $500 million Emergency Drought Relief Package are:
1. Approximately $190 million for Drought Transport Subsidies
2. Approximately $100 million for cutting the cost of farming fees and charges by
a. waiving Local Land Services rates, waiving fixed water charges in rural and regional areas b. waiving class one agricultural vehicle registration costs, among other initiatives, and
3. $150 million to bolster the Farm Innovation Fund (FIF) infrastructure program;