Resource Management Loan

Resource Management Loans provide you with non-means tested finance to cover capital costs associated with implementing resource management practices to attain a greater level of sustainability and profitability.

Eligible Activities for Commercial Fishers

Resource Management Loans provide you with the financial means to undertake a range of activities including:

• installation of on-board effluent treatment facilities
• purchasing equipment to improve environmental outcomes for example: Turtle Exclusion Devices, By-catch Reduction Devices, Hoppers and Net Acoustic Alarms (pingers).

See the full range of eligible activities.

Eligible Activities for Rural Producers

Resource Management Loans provide you with the financial means to undertake a range of activities including:

• establishing additional water points to more effectively use your pasture resources
• effluent management and recycling
• reclaiming degraded areas
• fencing for landcare purposes
• controlling exotic weeds and animals
• managing vegetation.

See the full range of eligible activities.

Resource Management Loans are not means tested. That is, your application is not asset tested, but will be evaluated on the eligibility of your chosen activity and the financial capacity of your operation to repay the borrowings.

Loan Amount

The maximum amount of a loan, or the total outstanding loan balance under the Resource Management program is $300,000.

Interest Rates

To enable your interest payments to be consistent, QRAA can offer low interest rates over fixed terms of one, three or five years. Please view the current interest rates.Interest-only options up to a maximum of two years may be available, depending on your circumstances. Please discuss this option with QRAA.

Repayment Terms

A maximum repayment term of up to 20 years can apply.

Fees and Charges

As with all QRAA programs, no establishment, account keeping or early payout fees apply.

Terms and Conditions

These programs are subject to terms and conditions that identify the required eligibility criteria for each loan. If you are interested in applying for a Resource Management loan, some of the key criteria that you will need to meet include:

• an ability to service the loan and demonstrated sound prospects for commercial viability in the long term
• having occupied your primary production enterprise on a full-time working basis either as owner operator, leaseholder/sharefarmer/sharefisher, or as part of a small family company or partnership
• normally derive your major source of income from your primary production enterprise
• obtaining a certification of the proposal by completing a Resource Management Activity Certification Form from QRAA. 

For further information regarding the eligibility criteria, please contact QRAA on Freecall 1800 623 946 or view the full terms and conditions for Commercial Fishers Resource Management Loans or Rural Producers Resource Management Loans.

Responsible department

Department of Agriculture, Fisheries and Forestry