loans and the assessment and administration of water loans. 2018–19 All eligible farm businesses have Establishment of a nationally access to farm business loans. consistent delivery model. The loan facility is available No days are lost in the transfer of to states and territories. the administration of the loan facility to RIC. Continued on following page Contributions to Outcome 1 (continued) Performance information (continued) Year Performance criteria(a) Targets 2018–19 Loan monies (farm business 100 per cent. (continued) and water loans) are disbursed and received accurately and in line with contractual and legislative requirements. Farm businesses improve their $250 million is made available to circumstances through access eligible farm businesses in need to to concessional financial improve their circumstances assistance. (2019–20 and beyond). 2019–20 and All eligible farm businesses have Delivery channels ensure timely beyond access to farm business loans. and accurate access to information and assessment for all eligible farm businesses. Loan monies (farm business 100 per cent. loans and water loans) are disbursed and received accurately and in line with contractual and legislative requirements. Farm businesses improve their $250 million is made available to circumstances through access eligible farm businesses in need to to concessional financial improve their circumstances assistance. (2019–20 and beyond). Greater capacity for regional States and territories can co-invest and economic growth, in projects. security and affordability and Approved water infrastructure irrigation and agriculture. projects complement the outcomes
loans and the assessment and administration of water loans. 2018–19 All eligible farm businesses have access to farm business loans. Establishment of a nationally consistent delivery model. The loan facility is available to states and territories. No days are lost in the transfer of the administration of the loan facility to RIC. Continued on following page Contributions to Outcome 1 (continued) Performance information (continued) Year Performance criteria(a) Targets 2018–19 (continued) Loan monies (farm business and water loans) are disbursed and received accurately and in line with contractual and legislative requirements. 100 per cent. Farm businesses improve their circumstances through access to concessional financial assistance. $250 million is made available to eligible farm businesses in need to improve their circumstances (2019–20 and beyond). 2019–20 and beyond All eligible farm businesses have access to farm business loans. Delivery channels ensure timely and accurate access to information and assessment for all eligible farm businesses. Loan monies (farm business loans and water loans) are disbursed and received accurately and in line with contractual and legislative requirements. 100 per cent. Farm businesses improve their circumstances through access to concessional financial assistance. $250 million is made available to eligible farm businesses in need to improve their circumstances (2019–20 and beyond). Greater capacity for regional and economic growth, security and affordability and irrigation and agriculture. States and territories can co-invest in projects. Approved water infrastructure projects complement the outcomes
2018-19-ric.docx