Public consultation

Have your say on the farm business loan definition.

We currently provide concessional loans to farm businesses participating in the production of primary produce including: Grains, fresh fruits and vegetables, meat and meat products, milk, sugar cane, wine grapes, natural fibres and edible fish, molluscs, crustaceans and aquatic plants. Further information is available here.

The current farm business definition is based on the Regional Investment Corporation Act 2018 requirement that ‘a farm business must be engaged solely or mainly in producing commodities for constitutional trade or commerce’.

At the RIC we recognise the evolving nature of the farming sector and the need for our loans to be available for Australian farm businesses that need them the most.

Public consultation on whether our current farm business definitions are fit for purpose and reflect industry needs is open from Wednesday 3 November to Wednesday 1 December 2021.

The survey takes 8 to 10 minutes to complete.

Click here to take the survey