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RIC farm business loans variable interest rate currently 4.52%

Any variable interest rate change is effective from 1 February and 1 August each year.

5 years of strengthening Australian agriculture

RIC is delivering low-cost loans to farm businesses on behalf of the Australian Government to strengthen agriculture and build thriving regional communities.

RIC milestones      

Our impact

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FY2024 Loan Funding

RIC Loan funding FY2024

Since start-up, as at October 2023

 

Farm Relief Tool

“We’ve heard from the agriculture industry when farmers know where to find help, they feel more confident, and they have a better outlook on their ability to plan and recover.”
Chief Executive Officer, John Howard

Learn more

CEO John Howard with Farm Relief tool

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