This assistance measure under Natural Disaster Relief and
Recovery Arrangements helps primary producers and small
business owners in natural disaster declared areas who have
suffered a significant loss of income as a result of an eligible disaster.
This assistance is not intended to
compensate for loss of income or provide assistance relating to direct damage
suffered as a result of an eligible disaster.
The assistance provided under this scheme is a concessional loan of up
to $100,000, to be used as essential working capital - money that is necessary
to continue the normal operation of the primary
production enterprise or small
business for up to one year.
Examples of uses of essential
working capital include:
- Paying salaries or wages
- Paying creditors
- Paying rent or rates
- Buying goods (for example, fuel) to carry on the
primary production enterprise or small business
- Buying fodder or water for livestock or produce or transporting livestock or produce