The NSW Government has committed $1 billion to the Farm Innovation Fund.

Farmers can borrow up to a maximum of $1 million per project, with a total of $1 million outstanding at any one time to build on-farm infrastructure, including stock containment areas.

The Farm Innovation Fund is a long term, low interest rate loan scheme for NSW farmers for permanent on-farm infrastructure. The Farm Innovation Fund helps farmers to:

• improve farm productivity - reduce risks and improve efficiencies by building fodder and grain storage facilities, sheds, fencing, roadworks and solar power conversions.

• manage adverse seasonal conditions - improve water efficiencies with irrigation systems, cap and piping of bores, new dams, install water tanks and desilting of ground tanks.

• ensure long term sustainability - increase the viability of a farm business and improve pasture and soil health, plant trees for shade and wildlife corridors, eradicate weeds, flood proof property and fence river banks.

The Farm Innovation Fund is available to farmers in NSW to meet the cost of carrying out permanent capital works that will have a significant beneficial impact on the land, long term profitability of the business and address adverse seasonal conditions. Download the Guidelines (PDF, 209.47 KB) for full details of eligibility (sections 9-10) and what you can apply for. (sections 2 & 11)