Loans to build a stronger regional Australia

The Regional Investment Corporation (RIC) has kicked off a significant recruitment campaign which will see three executive directors appointed and more than 80 positions advertised over coming months at the Orange NSW-based organisation.

The Federal Government’s Budget 2020 delivered several outcomes for the Regional Investment Corporation (RIC) including $2 billion additional loan funding in 2020-21 and $50 million in operational funding over four years from 2020-21, as well as a decision to end the National Water Infrastructure Loan Facility (NWILF) which was administered by the RIC.

The Regional Investment Corporation (RIC) is focused on loan timeframe improvements as it deals with unprecedented application numbers.