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News
New report reveals RIC farmers are more confident, recover easier and are more drought resilient despite challenges
Regional Investment Corporation (RIC) today released its inaugural RIC Farm Loans Customer Insights Report 2023 which revealed RIC farmers are feeling confident in their farm business and the agriculture industry’s future while concerns about rising interest rates, drought and income volatility are top of mind.
RIC free Farm Investment Loan webinar to help ‘good’ farmers hit by ‘bad’ times
RIC is hosting a free Farm Investment Loan webinar on 25 October 2023 for farmers, advisers and agriculture industry groups to learn more about how low-cost farm business loans can be used to support rebuilding and recovery after a severe financial impact.
RIC CEO on ABC Capricornia Rockhampton - National Drought Forum
Radio transcript: RIC CEO John Howard on ABC Capricornia Rockhampton at the National Drought Forum
RIC CEO on ABC Eyre Peninsula Rural Report - Farm Relief Tool
Radio Transcript: RIC CEO John Howard new Farm Relief Tool ABC Eyre Peninsula Rural Report
New Farm Relief Tool connects farmers with Australian Government help
RIC is pleased to launch the Farm Relief Tool, a new directory to connect farmers affected by drought, natural disaster or biosecurity events with Australian Government financial and mental health support.
RIC CEO interview with South Australia Country Hour - help for farmers
Radio Transcript: RIC CEO John Howard interview with Selina Green from South Australia Country Hour - ABC Radio
$281 million delivered to SA farm businesses from RIC low-cost loans
RIC joins producers, industry service providers and decision-makers at the Growing SA conference on 30 August 2023.
RIC farm business loans interest rates remain on hold at a low 4.52%
RIC today announced the variable interest rate on all concessional farm business loans will remain at the low rate of 4.52% effective from 1 August 2023.
RIC celebrates 5 years - delivering $3.16 billion in low-cost loans to strengthen farm businesses
July marks the 5-year milestone since the Regional Investment Corporation (RIC) started delivering concessional loans on behalf of the Australian Government to build a stronger, more sustainable agricultural industry.
Low-cost loans an option to support farm business recovery
RIC CEO John Howard visited the Northern Rivers of NSW this week to increase awareness of RIC’s Farm Investment Loan as a recovery option for farmers affected by natural disasters and financial downturn.