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On-Farm Drought Infrastructure Support Grants

The Victorian Government has now established the On-Farm Drought Infrastructure Support Grants.

Grants of up to $5,000 (ex GST) are available to eligible farm businesses. Eligible farm businesses are required to provide at least dollar for dollar matching funding co-contribution.

Interested businesses are encouraged to call Rural Finance on 1800 260 425 for more information on the application process.

For more information please see the On-Farm Infrastructure  Support Grants Progam Guidelines

Or visit the Rural Finance website.

Parched earth Drought

You may be entitled to claim a deduction for capital expenditure incurred on a water facility if you are:

  • a primary producer
  • an irrigation water provider – for expenditure incurred on or after 1 July 2004.
  • If you are an irrigation water provider, your expenditure must have been incurred primarily and principally for the purpose of conserving or conveying water for use in primary production businesses. The deduction must be reduced to reflect any time when the facility was not wholly used for a taxable purpose.

Read more about this on our blog HERE