June 11th, 2026Drought hardship loan

The Australian Government RIC Drought Hardship Loan is available to support farm businesses experiencing severe and prolonged drought. 

The loan provides up to $250,000 over 5 years, at the RIC’s concessional interest rate (currently 5.18%), with a 2-year repayment holiday, to help farmers manage essential operating costs and improve cash flow during extended dry conditions.

Available to eligible farm businesses that have managed through at least 24 months of drought and expect further impacts ahead. The loan complements other drought support and can be accessed alongside state programs.

Learn more about the Drought Hardship Loan at ric.gov.au