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 shutterstock 147962423 MED RES

RIC rate drop puts cash back in farmers’ pockets     

From 1 August 2019, interest rates will drop 47 basis points, from 3.58% to 3.11% on farm business loans.

About the RIC

The Regional Investment Corporation provides affordable finance for farmers to modernise and diversify their business; and state and territory governments for transformative water projects. Our loans encourage
growth, investment and resilience in Australia’s regional communities. We opened on 1 July 2018.
For more information visit ric.gov.au or call 1800 875 675 (Monday to Friday, 8:30am – 5:30pm local time).

Please see below link to the full media release.

Download media release>>>

Call 1300 834 775 to find out what assistance we may be able to provide you, or make an appointment with one of our experienced Rural Financial Counsellors.

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Contact Us

Rural Financial Counselling Service Victoria - North East.

Unit 1, Enterprise House

3 Stanley Street

Wodonga VIC 3689

PHONE: 1300 834 775

EMAIL: info@rfcsvicne.org.au

FAX: (02) 6100 6123