After launching online AgriStarter Loan applications in February, the RIC is now offering online options for its other products, the Drought Loan, AgBiz Drought Loan and Farm Investment Loan.
The Federal Government has appointed two new Regional Investment Corporation (RIC) Board members, Sally Freeman and Michael Carroll, replacing outgoing Board members Lucia Cade and Mark Lewis whose terms ended effective 28 June 2021.
The Regional Investment Corporation’s (RIC) variable interest rate is set to change on 1 August from 1.77 per cent to 2.17 per cent in line with a rise in the Commonwealth 10-year bond rate.
