Beleaguered farmers were finally given some hope yesterday with the release of details of the federal government’s $320 million drought relief package.
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Reactions to the value of the package will vary and will unfold in days to come.
“Too little, too late” will still be the view of many in the drought-stricken regions.
The farmers have waited for ages for drought-breaking rain - and a long time for help.
The package consists of $280 million in lower-interest loans over five years and funding for household essentials and mental health support.
It is no handout. There are qualifying conditions, including being able to show farms are viable businesses. That could be a challenge for farmers who have still not recovered financially from the last drought.
The package may deal with short-term drought problems, but some will feel a five-year deal is not enough.
They may be right. There is still no rain, livestock herds are being sold off and crops are expected to be smaller. They are now dealing with a new set of financial strains.
Parkes Federal MP Mark Coulton, who was heavily involved in efforts to get the drought package, says it will need to be expanded if the drought worsens.
The package may just be the beginning. Hopefully, if further funding is needed the federal and state governments will not take as long to act.
