What assistance is available to farmers once an area is EC–declared?
– Income support for farmers After NRAC has reported to the Minister and an area is declared as experiencing EC, eligible farmers can apply to receive EC Relief Payments. EC Relief Payments are equivalent to the NewStart Allowance and are delivered by Centrelink. Farmers should not self-assess their eligibility for EC Relief Payments but should call the Drought Assistance Hotline on 13 23 16. Farmers should note that drought payments delivered by Centrelink on behalf of the Australian Government are taxable. Eligible farmers may also receive a Health Care Card and concessions under the Youth Allowance means tests. Farmers in EC–declared areas can also access their Farm Management Deposits (FMDs) within 12 months of lodgement without losing their tax benefits. – Business support Eligible farmers can apply for EC Interest Rate Subsidies on new or existing loans under EC business support measures. EC Interest Rate Subsidies are delivered through the state and territory Rural Assistance Au
