Persistent drought conditions in Queensland have encouraged the Newman Government to contribute an additional $20 million in funding on top of their $31 million commitment to support struggling producers.
Two-thirds of Queensland has been declared in drought since late last year, and there is no sign of a significant drought-breaking rain, Premier Campbell Newman said in a January 21 media release.
If dry conditions continue to spread, there are fears Queensland will be facing a second failed wet season, which will affect crop production across the state.
“We promised to make agriculture one of the four pillars of the economy, so we’re doing everything we can to support producers and rural communities that have been doing it tough for the past year,” Mr Newman said.
The expanded support package includes additional funding for the Drought Relief Assistance Scheme and Emergency Water Infrastructure Rebate Scheme.
Minister for Agriculture, Fisheries and Forestry John McVeigh joined farm insurance holders across Queensland in welcoming the increased assistance.
“With the new drought declarations today, nearly 65 per cent of the state is now drought-declared, and this will only increase if the wet season does not arrive soon,” Mr McVeigh said.
He continued to explain Queensland was facing the worst drought in a number of years, which has begun to take a significant toll on farmers in the region.
Just as drought can affect farming in production, growth and harvesting, it is essential for farmers to protect their plants and grains against other insurable perils with a comprehensive crop insurance policy.
You can obtain cover for a decrease in crop yield caused by events such as fire or hail. Additionally, crop insurance will protect you from loss caused by chemical overspray, straying livestock or damaged caused in transit.
For more information contact MGA Insurance brokers today.