The Queensland state government will continue to fund financial advice services for farmers who have been hit by the drought.
Minister for Agriculture and Fisheries Bill Byrne said the government will provide more than $250,000 in funding for two full-time counsellors to work with primary producers and their families in south west Queensland.
“In providing a total of $266,000 to fund the counsellors for another year we are responding to meet the demand for financial counselling from graziers in the region,” Mr Byrne said.
“In my discussions with farmers and their advocates in areas where the drought has destroyed normal day to day business, the case has been made that expert financial help can make a crucial difference.
“That is why the Palaszczuk government is extending funding for two counsellor positions in Roma and Charleville through to the end of June 2016,” he said.
Mr Byrne added that helping producers better manage financial risks through the drought is “one of the targeted contributions” the government is making.
“Tough decisions have to be made and graziers shouldn’t be making them without specialist advice,” he said.
Fidelity International has committed to halving emissions from its investment portfolio by 2030 and has set deadlines for the phase out of thermal c...
ASIC has revealed surveillance of personal investment switching by directors and senior executives of superannuation trustees has identified conflict...
The Australian Prudential Regulation Authority has published its findings on fund expenditure. ...