Any primary producers and small related agriculture business owners who are experiencing financial difficulties or who have concerns about the financial impacts of the continuing dry season can contact the 'Rural Financial Counselling Service'.
This service provides free confidential and impartial business support and information.
On December 10, the State Government announced increased funding for this service, which is funded by both State and Federal Government.
The increased support will help Rural Business Support to assist small rural and regional businesses and increase its rural financial counselling services to meet growing demand.
The Rural Financial Counselling Service is also able to provide support in the application process for:
- Farm Household Allowance
- Farm Management Deposits.
- Regional Investment Corporation Loans
- Farm Debt Mediation
In South Australia, the program is delivered through Rural Business Support. You can contact Rural Business Support by calling 1800 836 211 (Freecall).
Small Business Drought Program
Rural Business Support (RBS) has a new Small Business Financial Counselling program to assist eligible small business owners who are concerned about the financial impact of drought on their business.
The program is modelled on the successful Rural Financial Counselling Service (RFCS), which has been supporting farmers and rural-related businesses for more than 30 years. One of 12 service providers nationally, RBS delivers the RFCS and SBFC in SA and NT. The service is free, independent and confidential.
RBS financial counsellors can support eligible small business owners to:
- Consider different options to manage financial issues
- Develop budgets and cash flows
- Negotiate with creditors
- Access dispute resolution services
- Connect with broader professional advice and support
- Apply for government and community grants, programs or schemes
To be eligible for the Small Business Financial Counselling program a small business needs to:
- Employ 19 or fewer people
- Be experiencing financial hardship, or at imminent risk of financial hardship
- Be located in a drought-affected area
The Small Business Drought Program is the result of additional funding received from the Australian Government and the Government of South Australia for RBS to extend its services to other small businesses that have been impacted by drought.
Rural Business Support offices are located in:
- Murray Bridge
- Port Lincoln