The Federal Government has introduced the Regional Investment Corporation Bill 2017 (Cth). The Bill will provide $4 billion in concessional loans to the farm business program and the National Water Infrastructure Loan Facility. The Corporation will be a corporate Commonwealth entity to distinguish from related government departments and assist in the efficiency of administration of the loans. Ministers will retain powers to direct on classes of, not individual, farm business loans and individual water infrastructure projects.
Kingfisher Law are Australia's agribusiness legal specialists and will discuss any legal issue you may be experiencing, in a confidential and professional manner. Call 1300 529 424 to book a consultation.