Understanding Drought Subsidies
23 August 2018
As the drought continues across New South Wales, both the State and Federal Governments have announced a number of funding packages and support for farmers. At this stage there have been no support announcements in relation to non-farm business owners impacted by the drought.
We recognise the drought impacts everyone differently, and that in many cases the subsidies will only be a token amount of support. We also appreciate that not everyone will be eligible, nor wanting to claim the support available.
If you have looked into the funding and support available, you will appreciate the challenges in understanding the support available, the eligibility criteria, and the application processes. The Boyce team have researched the details of support currently available and are well placed to assist you in determining whether you are eligible and in the best type of assistance to suit your individual circumstances.
Thank you for helping Boyce crack the $36,500 mark in our City2Surf fundraiser
15 August 2018
It was a special running of the City2Surf last Sunday, with Boyce celebrating its tenth year of participation. As the top 10 fundraiser in the city2surf, Boyce raised more than $36,500 for children’s health and education charity Royal Far West.
The final fundraising total means Boyce has raised more than $265,000 during its ten years of participating in the City2Surf. “I’m proud of the Boyce team for their efforts in the City2Surf and for their various fundraising endeavours over the past two months, whether it be cooking barbecues or giving out hugs,” Managing Director Phil Alchin said.
NSW Government announces extra $500m in drought assistance for struggling farmers
10 August 2018
Premier Gladys Berejiklian recently announced an additional $500 million in emergency funding to help drought-affected farmers.
Mrs Berejiklian said the additional funding will help farmers who have faced an "unforgivably dry winter".
The three major elements of the $500 million NSW Emergency Drought Relief Package are:
- $190 million for Drought Transport Subsidies
- $100 million for cutting the cost of farming fees and charges – by waiving Local Land Services rates, waiving fixed water charges in rural and regional areas, and waiving class one agricultural vehicle registration costs
- $150 million to bolster the Farm Innovation Fund (FIF) infrastructure program by waiving refunding interest charges on all existing loans for the 2017/18 and 2018/19