Announcement
19 Aug 2018
On 19 August 2018, the Prime Minister, the Deputy Prime Minister, the Minister for Agriculture and Water Resources, and the Minister for Regional Development announced a new set of measures to support farmers affected by the drought. The new resources will increase the total government expenditure related to drought-relief from AUD 576 million (USD 421.5 million at the time of the announcement) to AUD 1.8 billion (USD 1.3 billion at the time of the announcement).
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
19 Aug 2018
Revocation date:
No revocation date
Updated: 19 Aug 2018
State aid, nes
In force
Another governmental measure presented in the media release of 19 August 2018 was the allocation of AUD 75 million (circa USD 55 million at the time of the announcement) in economic suppo...
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Updated: 19 Aug 2018
State loan
In force
The joint media release of the Australian Prime Minister, the Deputy Prime Minister, the Minister for Agriculture and Water Resources, and the Minister for Regional Development, also announced...
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Updated: 19 Aug 2018
Tax or social insurance relief
In force
According to the media release issued by the Australian Government on 19 August 2018, one of the announced measures is the implementation of tax breaks for farmers affected by the drought. The tax ...
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Related State Acts
22 Jul 2020
Australia: AUD 2 billion increase in funding for rural businesses affected by the drought
05 Aug 2018
Australia: Goverment launches aid package for farmers
30 Jul 2018
Australia: NSW approves new set of measures to support farmers
13 Jun 2018
Australia: NSW increases the budget of the Farm Innovation Fund
20 Feb 2018
Australia: Government launches new investment agency to finance local farmers
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