Drought affected Farmers from rural and regional communities throughout Australia, which have been struggling through generations of unrelenting drought will benefit from projects funded by the Coalition’s Future Drought Fund. The fund will now give farmers access to the tools they need to prepare for, manage, and sustain their businesses during drought-affected seasons. The landmark funding was passed through Parliament recently and delivered on a key election promise made by the Coalition.
Over the next decade, The Future Drought Fund will grow from $3.9 billion to $5 billion, while facilitating a $100 million a year additional investment into drought resilience and preparedness from 1 July 2020.
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