Cattle in field

AgRebuild loan (North Qld flood)

Disaster recovery loan to help flood-affected Qld farmers restock, replant and recover

​​​Who can apply

Farmers directly impacted by the North and Far North Queensland Monsoon Trough from 25 January to 14 February 2019 


Up to $5 million


Available until 30 June 2020 


You can apply for this loan if your farm business was directly impacted by the flooding caused by the North and Far North Queensland Monsoon Trough from 25 January to 14 February 2019.

Eligible local government areas are Burdekin, Burke, Carpentaria, Charters Towers, Cloncurry, Croydon, Douglas, Etheridge, Flinders, Hinchinbrook, McKinlay, Richmond, Townsville, Whitsunday, Winton. If you are not located in one of the above LGAs and have a Department of Agriculture and Fisheries (DAF) Individual Disaster Stricken Property (IDSP) Notice, you may still be eligible. 

50 percent of your commercial debt must remain with a commercial lender, except in cases of extreme hardship, where you’ve lost all or most of your stock or crops because of the floods. In those circumstances, we may take 100 percent of the debt. 


  • are an Australian citizen or permanent resident
  • have experience operating a farm business
  • have the farm business as your principal business pursuit, where you contribute the majority of your labour and where you derive the majority of your income

Your business

  • was directly impacted by the monsoon trough and is in financial need
  • has the capacity to repay the loan
  • is financially viable in the long term  
  • is in the agriculture, horticulture, pastoral, apiculture, or aquaculture industry  
  • is registered for tax purposes in Australia with an ABN and is registered for GST  
  • operates as a sole trader, trust, partnership or private company  
  • is not under external administration or bankruptcy

You must

  • provide security for the loan
  • have existing commercial debt and unless in extreme hardship have the support of your commercial lender to the proposed loan 


To support your farm business to recover and rebuild following the North Qld flood disaster.

To ensure the ongoing growth, investment and resilience in Australia’s regional communities.

Use this loan to​

  • replant lost crops
  • replace livestock
  • refinance your debt
  • replace on-farm infrastructure
  • pay for operating expenses relating to damage
  • as the co-contribution to access QRIDA’s North Queensland Restocking, Replanting & On-farm Infrastructure Grants

You cannot use this loan for

  • non-farm assets and expenses
  • paying out dividends or equity to owners
  • reimbursement for depreciation of assets
  • tax or other statutory payments
  • your own labour costs
  • anything that you have already received government funding for (except to refinance debt from a previous concessional loan)
  • any other non-eligible use listed in the loan guidelines.

Loan terms

Quick facts

Amount Up to $5 million Term 10 years
Early settlement Yes, no fee Interest rate ​Concessional rate
Apply before 30 June 2020  Application fee No fee
Extra repayments Yes, no fee Redraw Not available​

More terms

Percentage of total debt — at least 50% of your total debt must stay with a commercial lender except in cases of extreme hardship where you’ve lost all or most of your stock or crops due to the North Qld flood. In those circumstances, we may take up to 100 percent of your debt.

Frequency of repayments — tailored to the cash flow of the farm business.

Repayment structure — first 2 years are interest free, then 3 years interest only, then 5 years principal and interest. After 10 years, you can refinance any remaining balance with a commercial lender. 

Full terms and conditions are available in the loan guidelines.

Before you apply

You need to check

You must provide

  • Australian Business Number (ABN)
  • financial history
  • identity documents
  • proof of your eligibility
  • your business cash flow budget

Ask us a question

We are here to help


  1. Check the information you will need to provide. Please note, a common cause of loan assessment delay is missing information. 
  2. Talk to your commercial lender. Let them know you plan to apply for a RIC loan.
  3. Gather the required information. We can’t start assessing your application until we get all the information we ask for, including attachments.
  4. Due to our response to COVID-19, we encourage you to submit your loan application electronically if possible. You can also send your application by post using the details below. 
    Submit your application to us at or send to: Regional Investment Corporation, PO Box 796, Bendigo, VIC 3552.

If you have any questions we encourage you to talk to our loan assessment team. You can call them on 1800 875 675

You can complete this form on a computer (Fillable PDF) or you can print it and fill it in by hand. 

You are not able to save the form when opened in a browser.

To use the Fillable PDF application form you must download it to your desktop first. Right click on the link above and select 'save target as' or 'save link as' and download the form to your desktop. 

Open the form on your desktop using Acrobat Reader. Make sure you save the application form regularly as you are filling it in. The fillable PDF form will not function correctly when it is opened in a web browser or other software, for example Microsoft Edge, Chrome, Firefox, Preview.

You can download a free version of Adobe Acrobat Reader DC software.

Help and support

After you apply

We will assess your application against the criteria in the loan guidelines

We will contact you by phone or email to discuss your application. We will write to you to confirm the outcome of your application. 

Contact us

We are here to help.



Read the detail on who can apply for a loan and what happens after you apply.


Application form

Complete the application form and send it with supporting documents to

Download: Right click on the form and save on your local device as an Adobe Acrobat Document before you begin filling out the form.

​Cash flow budget

You must include your business cash flow budget with your application.

We will use this to help assess your financial position, and your ability to repay the loan.

If you do not have your own budget spreadsheet, you can use our template.


This template may not meet government accessibility requirements. Contact us for help.

Statutory Declaration

You may need to make a statutory declaration to support your application.


Guarantor asset and liability statement

You may be required to provide a guarantor's asset and liability statement with your application.