South West Inc will share in over $56 million (GST exclusive) of Australian Government funding to deliver rural financial counselling services in Western Victoria from July 2021 to 2024.
Member for Wannon, Dan Tehan said he was pleased this important investment is continuing in Wannon for farmers and rural small business owners facing financial challenges, including navigating the impacts of drought, bushfire or COVID19.
“This provides certainty that help is available for farmers when and where it is needed most—not only in our local region but right across the country,” Mr Tehan said.
“I encourage any primary producer or rural small business owner who is facing hardship, regardless of the cause, to reach out to the RFCS.”
Minister for Agriculture, Drought and Emergency Management David Littleproud said South West Inc was one of 10 providers from across the country selected to deliver essential support for farmers doing it tough.
“There was strong competition in this funding round, which allowed us to select proposals that will strengthen this critical service and drive better outcomes for clients,” Minister Littleproud said.
“For more than 30 years the Rural Financial Counselling Service (RFCS) program has been helping local primary producers to weather the tough times and navigate the path to recovery.
From July, the service will be refocussed to drive improved financial well-being at the farm level and build a more sustainable, resilient and profitable primary production sector.
The RFCS is jointly funded by the Australian, state and territory governments.
For more information about the RFCS, including a list of providers, visit awe.gov.au/rfcs