Drought stimulus welcomed, but concerns for more debt
Stimulus for drought ravaged communities is being praised by a policy expert, but he’s worried about a new loan package.
More money will be made available for local councils, as well as a cash injection for upgrading regional roads.
The Federal Government’s assistance will also allow farmers and small business to take on low-interest debt.
Rural reporter Eddie Summerfield caught up with Institute for Resilient Regions Executive Director Geoff Cockfield:
Subscribe to the National Rural News podcast: http://bit.ly/RuralNewsPodcast