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David Littleproud urges Labor to reinstate interest-free Regional Investment Corporation loans for flood and drought-affected farmers

Nationals Leader David Littleproud is urging Labor to reinstate interest-free RIC loans to support farmers hit by droughts and floods, warning current assistance falls short amid widespread devastation.

By news@gippsland - 2nd June 2025 - Back to News

Leader of The Nationals David Littleproud is calling for Labor to bring back interest-free loans for farmers from the Regional Investment Corporation (RIC), impacted by Australia's drought and floods. Mr Littleproud said farmers across Australia have been simultaneously devastated by recent floods as well as drought.

David Littleproud urged Minister Julie Collins to reinstate $2 million RIC loans, saying current flood and drought support is insufficient

Reinstate drought loans

Mr Littleproud said, "In 2020 the Coalition introduced a two-year interest free period for loans up to $2 million for farmers experiencing hardship during the drought. The zero percent interest rate applied to new and existing drought loans and to refinance existing debt from a farmer's commercial bank, to give farmers some breathing space, saving them cashflow and giving them time to restock and replant."

"It stopped a lot of farms from going bankrupt. It is clear recent rain and drought events are really hurting farmers, which is why I am calling on Labor to revisit this RIC loan product once again," Mr Littleproud said.

Relief for farmers

Mr Littleproud has written to Agriculture Minister Julie Collins, requesting support for the thousands of farmers dealing with floods and drought. Mr Littleproud said current assistance doesn't go far enough and farmers would get much-needed reprieve by having access to a $2 million loan with an initial 2-year interest free period, then 3 years interest only, then 5 years principal and interest.

Mr Littleproud added one farmer he spoke to in Jundah last week has already lost $4 million worth of livestock, fences and machinery. "There have been many significant events across Australia including the floods in Western Queensland and the Mid-North coast of New South Wales, Cyclone Alfred and the drought across Southern Australia. Our farmers are feeling significant pain, and it is now time to make this loan product available for the farmers affected," Mr Littleproud said.

Pictures from David Littleproud MP Facebook page.

Source: http://gippsland.com/

Published by: news@gippsland.com

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  The latest data shows Victoria’s ambulance service declining, with fewer than 64% of Code 1 responses within 15 minutes, highlighting regional delays, under‑resourcing, and mismanagement under the Allan Labor government.
• East Gippsland Council warns pets aren’t presents, urges thoughtful, responsible lifelong commitment this Christmas season
  East Gippsland Council urges residents to avoid gifting pets impulsively this Christmas, emphasizing lifelong commitment, care, and responsibility, suggesting adoption vouchers or sponsorships as thoughtful alternatives.
• Darren Chester tears down Albanese government's 'lazy' plan to cut regional speed limits, urges investment in safer roads
  Darren Chester has criticised the Albanese government's plan to lower regional speed limits, labelling it "lazy" and urging greater investment in repairing and upgrading unsafe roads to reduce fatalities.
• Latrobe Regional Gallery launches Autumn 2026 season, featuring five exhibitions exploring migration, heritage and environment
  Latrobe Regional Gallery’s Autumn 2026 season opens 7 February, featuring five exhibitions exploring migration, heritage, identity, environment, and connections to place, including works by Lucy Hersey and Janina Green.
• Latrobe Regional Gallery Mainstreet Cafe fosters skill development, employment, and community engagement for all abilities
  Latrobe Regional Gallery welcomes Mainstreet Cafe, an all-abilities social enterprise providing inclusive hospitality training, employment opportunities, and community engagement, fostering skills development and pathways for people of all abilities.
• Danny O'Brien welcomes progress on Sealers Cove track repairs but slams years of Labor delays at Wilsons Prom
  Danny O'Brien welcomed long-overdue progress on Sealers Cove track repairs at Wilsons Prom but criticised Labor for years of delays, saying Gippsland deserves timely investment in vital tourism infrastructure and facilities.
• Martin Cameron criticises stalled Traralgon underpass, urges overpass alternative for delayed pedestrian safety project
  Morwell MP Martin Cameron criticises nearly three-year delay on Traralgon underpass, urging government to clarify plans or consider a safer overpass for students and pedestrians crossing the train line.
• Melina Bath slams Agriculture Minister Ros Spence for ignoring Gippsland farmers' struggles under Labor's tax regime
  Melina Bath criticised Agriculture Minister Ros Spence for refusing to advocate for Gippsland farmers, citing VFF survey results showing overwhelming concern over new taxes and Labor's disregard for regional agriculture.
• Darren Chester welcomes $2.7M investment in cutting-edge MRI technology at Bairnsdale Regional Health Service
  A $2.7 million upgrade at Bairnsdale Regional Health Service includes Australia's first MRI unit of its kind, improving diagnosis accuracy, patient comfort, and access to affordable, high-quality local healthcare.
• Darren Chester honours Gippsland farmers and workers on National Agriculture Day for vital regional contributions
  Darren Chester has praised Gippsland’s farmers and agricultural workers on National Agriculture Day, recognising their resilience, vital economic contribution and essential role in sustaining local communities and ensuring ongoing food security.
• East Gippsland Council advances regional projects, improving facilities, accessibility, resilience and growth
  East Gippsland Council is delivering major regional projects, upgrades, improving accessibility, supporting resilience, and enhancing infrastructure across towns including Bairnsdale, Buchan, Mallacoota, Cann River, and Paynesville.
• Latrobe Valley residents invited to crime and community safety forum with Shadow Police Minister David Southwick
  Latrobe Valley residents are invited to a free crime and community safety forum with Shadow Police Minister David Southwick on 6 November, hosted by Martin Cameron MP at the Morwell RSL.
• Farmers warn Woolworths' green-and-gold Hillview butter misleads consumers and undercuts Australian dairy
  Australian dairy farmers warn Woolworths' green-and-gold Hillview butter misleads consumers, undercuts local producers, and risks jobs, as imported US butter competes with declining domestic dairy production.
• Gippsland CFA volunteers still wait for critical fire station upgrades amid $55M Labor funding cuts
  Gippsland CFA volunteers face years-long delays for safe, modern fire stations as Labor cuts $55 million, reducing equipment, compensation, and infrastructure, putting communities at risk and demanding urgent funding.
• Gippsland to join European Union Program showcasing regional innovation in clean energy, tourism, agriculture and sustainable development
  Gippsland has been selected for a European Union research program, showcasing its leadership in clean energy, tourism, and agriculture while promoting international collaboration, innovation, and investment through the IURC initiative.
• Latrobe City launches investment campaign showcasing strength, innovation, and opportunities across Gippsland
  Latrobe City Council launched an investment campaign showcasing business strength, innovation, and opportunities positioning itself as Gippsland's hub for growth, transformation, and future industries.
• Omeo tourism report and investment prospectus highlight opportunities for growth and visitor experiences
  The newly released Omeo Tourism Ecosystem Mapping Report and Investment Prospectus highlight opportunities for investors, showcasing growth potential in hospitality, services, visitor experiences, and adventure tourism in Victoria’s alpine region.
• Committee for Gippsland hosts investment briefing with Victoria’s Coordinator-General Donna Findlay in Warragul
  The Committee for Gippsland hosted Victoria’s Investment Coordinator-General Donna Findlay in Warragul, discussing minerals, data centres, and strategies to attract private investment and boost regional economic growth.
• Melina Bath encourages increased funding for regional palliative care, ensuring dignity and support statewide
  Melina Bath warned underfunded regional palliative care forces terminally ill Victorians into hospitals instead of home, calling for urgent investment to ensure dignity, support, and equal access across eastern Victoria.
• Victoria’s crime crisis worsens as police numbers fall, offences rise, and station hours are reduced under Labor government
  Victoria’s crime crisis worsens under Labor with 368 fewer police, rising offences, unsolved cases, reduced station hours, and retail theft surging, prompting calls for proper resourcing and crime prevention.
• Latrobe City Council's Councillor Sharon Gibson joins Regional Cities Victoria mayors to shape 2026 regional agenda
  Latrobe Mayor Sharon Gibson joins Regional Cities Victoria mayors to shape 2026 agenda, advocating sustainable growth, investment, and workforce opportunities for regional Victoria’s cities and surrounding communities.
• Danny O'Brien commends South Gippsland Shire for securing Nyora transport study funding, urges further state investment
  Danny O'Brien has praised South Gippsland Shire Council for securing state funding for the Nyora Transport Study, urging the Allan Labor Government to follow through with real investment and road upgrades.
• South Gippsland farmers dig into practical carbon farming at Down to Earth field day
  Thirty-five South Gippsland farmers explored carbon farming at Malabar Farm, learning practical ways to improve soil health, reduce emissions, and farm sustainably while sharing knowledge with peers.
• Melina Bath celebrates Victorian farmers’ dedication and contributions during National Agriculture Week 2025
  The Nationals’ Melina Bath highlights Victorian farmers’ hard work, resilience, and vital contributions during National Agriculture Week, urging support for primary producers and celebrating their role in communities and the economy.
• Danny O'Brien says Gippsland roads among state's most dangerous after years of neglect under Allan Labor government
  Danny O'Brien says new AusRAP data shows many Gippsland roads are unsafe after years of Labor neglect, criticising the government for lowering speed limits instead of properly fixing deteriorating roads.
• Melina Bath blames Allan government as Victoria's public housing waitlist surges amid worsening housing crisis
  Victoria's housing crisis deepens as public housing waitlists surge past 60,000. Melina Bath blames the Allan government's inaction, rising taxes, and mismanagement for worsening homelessness and unaffordable rents across the state.
• Gippsland’s growth at risk without urgent government investment in housing, infrastructure, warns One Gippsland Chair
  One Gippsland warns growth could stall without urgent investment in housing and infrastructure to support workforce, energy projects, and address social, affordable housing shortages across the region.
• CFMEU corruption report exposes organised crime links, $15B project blowouts, prompting Melina Bath to demand Labor accountability
  The ‘Rotting from the Top’ report exposes serious CFMEU corruption, links to organised crime, and $15 billion in project blowouts, prompting Nationals MP Melina Bath to demand Allan Labor government accountability.
• Southern Rural Water supports South West Victorian farmers through groundwater access and the 'Farmer Helping Farmer' initiative
  A section of the Main Northern Channel near Brewers Hill Road, Maffra, damaged by wombats, has been repaired. Water will return to full capacity, and normal delivery will resume tomorrow.
• East Gippsland Water donates hay to support farmers through Lions Club ‘Need for Feed’ program
  East Gippsland Water donated two semi loads of hay to support drought-affected farmers in Victoria’s south-west, demonstrating sustainability, community support, and its commitment to recycling and environmental stewardship.
• Danny O’Brien calls for clarity on free children’s public transport amid Gippsland V/Line concerns
  Danny O’Brien urges Labor to clarify free children’s public transport rollout, warning Gippsland families face confusion over youth myki requirements, online access, and unmanned V/Line stations from January 2026.
• Sale’s burnt police station must be cleared and redeveloped after 11 years of government inaction, says Danny O’Brien
  Nationals MP Danny O’Brien urges Allan Labor Government to clear and redevelop Sale’s old police station site after 11 years of inaction, following its recent deliberate burning.
• Baw Baw Shire to host community barbecues supporting farmers through 'Look Over the Farm Gate' grants
  Baw Baw Shire Council will host five community barbecues supporting farmers' wellbeing through Look Over the Farm Gate grants, offering connection, resources, and mental health support amid ongoing dry conditions.
• Darren Chester supports reforming the Coalition to unite Liberals and Nationals and deliver stronger government for Australia
  Darren Chester welcomes the re-formed Coalition, united to hold Labor to account, focus on cost of living, families, regions and security, and develop sensible policies for a safer, stronger, fairer Australia.
• Victoria leaders tour proposed Hastings terminal highlighting region’s central role in offshore wind future
  Regional leaders toured the proposed Hastings Renewable Energy Terminal, highlighting its crucial role in Victoria’s offshore wind strategy and clean-energy transition, with industry, government and communities collaborating for regional benefits.
• Melina Bath appointed Shadow Minister for Outdoor Recreation, championing regional lifestyles and economic opportunities
  Melina Bath has been appointed Shadow Minister for Outdoor Recreation, pledging to champion outdoor access, community wellbeing, and the vital economic and lifestyle benefits outdoor activities bring to regional Victoria.
• Nationals' $100M Safer Communities Plan targets crime crisis with tough laws and prevention programs across Gippsland
  Martin Cameron backed a $100 million Safer Communities Plan, promising tougher laws and prevention programs to tackle Victoria's crime crisis, restore community safety, and support at-risk youth, contrasting Labor's cuts.
• Danny O’Brien urged immediate start on Wilsons Promontory revitalisation, including the proposed Yanakie Isthmus fence
  The Allan Labor government faces criticism for ongoing delays to the Wilsons Promontory sanctuary, with Nationals MP Danny O’Brien urging immediate construction to protect wildlife and complete the long-promised project.
• Lightfoot Wines combines tradition, creativity, and Gippsland flavours with award-winning wines, regional platters, and scenic views
  Perched on a limestone bluff above the Mitchell River, Lightfoot Wines blends tradition and innovation, offering tastings, regional platters, and acclaimed wines, cementing its role in Gippsland's food and drink scene.
• Martin Cameron says new emergency services tax replaces fire levy, adding enormous pressure to struggling small businesses
  Latrobe Valley small businesses face soaring costs as Labor's new Emergency Services Tax replaces the Fire Services Levy, with Nationals warning it punishes regional communities and fuels insolvencies amid financial mismanagement.
• Danny O'Brien warns Bayside Health merger threatens Gippsland communities, confirming hidden health service consolidation
  Danny O'Brien criticises Labor's Bayside Health merger, warning it will reduce local hospital autonomy, limit community input, and risk services for Gippsland residents, prioritising bureaucratic cost-saving over patient care.
• Future of Orbost Project strengthens water access, supporting agricultural innovation and long-term regional growth
  The Future of Orbost Project supports farmers by clarifying water availability, facilitating licence transfers, and building resilience, driving innovation, productivity, diversification, and sustainable long-term growth in East Gippsland.
• Parliamentary Inquiry visits South Gippsland to examine oil, gas decommissioning and regional transition opportunities
  State Parliament’s Environment and Planning Committee visited South Gippsland to examine oil and gas decommissioning, and local government perspectives, highlighting infrastructure needs and renewable transition opportunities.
• Danny O'Brien warns faulty firefighting vehicles are leaving local CFA Brigades under pressure ahead of bushfire season
  Danny O'Brien has criticised the Allan Labor government for failing to repair faulty firefighting vehicles, warning the issue is placing pressure on CFA brigades and reducing Gippsland's preparedness for bushfire season.
• Gippsland Water celebrates National Water Week poster winners, honouring young regional artists’ achievements
  Gippsland Water announced its National Water Week poster winners, congratulating students for colourful submissions. Four placed in the state competition, with Heyfield Primary School winning $500 for STEM or sustainability projects.
• Bass Coast Council leaders advocating events, infrastructure, recreation, coastal protection, public transport, and environmental conservation
  Bass Coast Council leaders held 12 Parliament meetings, advocating for events, infrastructure, recreation, coastal protection, public transport, and environmental conservation, seeking government support and funding for key community projects.
• Omeo gains new modular worker accommodation, supporting healthcare staff and strengthening regional community
  Omeo District Health's new modular worker accommodation is underway, providing housing for healthcare staff, supporting regional jobs, and helping the town attract and retain doctors, nurses, and essential workers.
• Omeo celebrates opening of 114 km world-class mountain bike park set to transform regional adventure tourism
  Omeo has opened a $10 million, 114-kilometre mountain bike park, boosting tourism, supporting local businesses, and celebrating new streetscape and flood-recovery works that strengthen the town’s recreation spaces and future growth.
• Tim Bull says East Gippsland faces a housing crisis, with social homes declining despite population growth
  Victoria’s social housing crisis deepens as Labor policies drive rental providers away, reducing stock. Tim Bull warns record waiting lists and rising homelessness demand urgent government action.
• Darren Chester praises TAFE Gippsland and BRHS partnership for training local students to strengthen regional health workforce
  Darren Chester praised TAFE Gippsland and BRHS for training local students, highlighting regional partnerships as key to addressing health workforce shortages and encouraging young people to pursue local health careers.
• Baw Baw Shire to gain two new kindergartens located at the Neerim South Primary School and Warragul Regional College opening in 2028
  Baw Baw Shire will gain two new kindergartens at Neerim South and Warragul, opening in 2028, easing local demand and supporting families as part of the State’s Best Start reforms.