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Farm Finance Concessional Loans Overview by api-248618416 is a document available to read on EtoBox.
What is Farm Finance Concessional Loans Overview about?
The original farm finance package provided $420 million in concessional loans over two years shared equally between states, with an interest rate of 4.5% for five years. To date, $56 million (13%) has been allocated from 414 applications, with 29% approved, 36% declined, and 33% still outstanding. After the election, the Abbott government redistributed the funds, withholding $40 million and adjusting allocations between states.
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- api-248618416
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- EN