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Loans, Grants and other Financial Assistance

Loans, Grants and other Financial Assistance

Prepared 29 June 2016.
For the latest information, check the Tasmanian Flood Recovery Facebook page Link to External Site, the TasALERT website www.alert.tas.gov.au Link to External Site or call the Tasmanian Flood Recovery Taskforce on 1800 567 567.

Recovery and Restoration Grants

Three Recovery and Restoration Grants are currently available:

  • Temporary Living Expenses Grant
  • Essential Household Items Grant
  • Repair, Restoration and Clean Up Grant

These grants are made available on the basis of need and are not a replacement for insurance or compensation for losses.
To lodge a claim for a grant, you must make an appointment with an assessor from the Tasmanian Government. Call 1800 567 567 to make an appointment.
Go to www.alert.tas.gov.au Link to External Site/FloodRecovery for fact sheets with more detail about applying, payment arrangements and conditions.

Eligibility

Eligibility is assessed against these criteria:

  • income
  • age
  • assets
  • proof of identity
  • residential status
  • insurance status

Temporary Living Expenses Grant

What
To meet temporary living expenses beyond normal day-to-day expenses, where the principal place of residence is uninhabitable and costs cannot be met from the applicant's own resources.
Who
Individuals or households whose principal place of residence is uninhabitable as a result of the June 2016 floods are eligible to apply.
How much
Up to $8 875 per household over a maximum period of 6 months, based on an assessment of a family’s needs. Funding can be applied to any accommodation or travel-related expense.

Essential Household Items Grant

What
To assist with replacing essential household items damaged or destroyed in the June 2016 floods.
Who
Individuals or households whose principal place of residence is uninhabitable or severely damaged as a result of the June 2016 floods and have suffered loss or damage to household items are eligible to apply.
How much
Up to $5 800 (plus $950 per household member up to $8 875) for the replacement of household items.

Repair, Restoration and Clean Up Grant

What
To assist with re-establishing a principal place of residence to a basic, minimum standard to allow it to be inhabited. The grant is not designed to assist with returning the property to its full pre-disaster condition.
Who
Individuals or households who own and occupy a property as their principal place of residence that has been made uninhabitable or is severely damaged as a result of the June 2016 floods. For applicants who are unable to repair/rebuild properties, these grants may be used to assist with other clean up and re-establishment costs.
How much
Up to $8 875 to assist in the repair, restoration or clean up of a principal place of residence.

Other grants and allowances

Transport subsidy for flood-affected primary producers
Assistance is available for flood-affected primary producers to reduce the costs of transporting fodder, stock, and materials following the floods.

Go to www.alert.tas.gov.au Link to External Site/FloodRecovery

Emergency assistance for farmers
Crisis relief funding up to $2 500 is available to eligible farmers within 48 hours of application through the Rural Relief Fund (RRF). The RRF can be used for anything from household goods, fence repairs and fodder.
To apply:

Quick response grants for sporting clubs and not-for-profit organisations
Quick response grants of up to $2 000 per organisation are available for sporting clubs and other not-for-profit community groups recovering from the floods.
The grants will support eligible organisations to meet urgent expenses involved in cleaning up, purchasing equipment that was damaged or destroyed, and hiring new facilities if required. The total amount of grants available is $100 000.
Call 1800 567 567.

Disaster Recovery Allowance
This is a short-term fortnightly payment to assist individuals who can demonstrate their income has been affected as a direct result of a declared disaster.
It is payable for a maximum of 13 weeks from the date at which you have, or will have, a loss of income as a direct result of the June 2016 floods.
This is a taxable payment and is considered income for tax purposes.

Go to www.humanservices.gov.au/disaster Link to External Site

Loans

AgriGrowth Loan Scheme

This provides low interest loans to Tasmanian farm businesses and agri-food businesses. Loans range from $30 000 to $1 million.

Go to www.stategrowth.tas.gov.au Link to External Site

Flood Recovery Loan Scheme – small business and primary producers

This provides loans to assist primary producers and small businesses directly affected by the June 2016 floods. Loans range from $25,000 to $200,000 for eligible businesses located in areas affected by the floods.

Go to www.stategrowth.tas.gov.au Link to External Site

Drought Concessional Loans Scheme

These loans assist drought-affected farm businesses manage through and recover from drought and return to viability in the long term. Properties that suffered from drought may be eligible.

Go to www.stategrowth.tas.gov.au Link to External Site

Dairy Recovery Concessional Loans

These loans assist eligible dairy farm businesses through the short-term crisis caused by the May 2016 decision of Murray Goulburn and Fonterra to reduce farm gate milk prices. Loans up to a maximum value of $1 million will be available.

Go to www.stategrowth.tas.gov.au Link to External Site

Drought Recovery Concessional Loans Scheme

These low-interest loans assist drought-affected farm businesses to generate income to recover from the effects of drought and return to commercial viability in the longer term. Properties that suffered from drought may be eligible.

Go to www.stategrowth.tas.gov.au Link to External Site

Other assistance

Clean up assistance

Councils in affected areas are likely to be conducting additional waste collection services. Go to your local council website or call them for details.

Aurora Energy

Aurora Energy encourages customers whose property has been affected by the floods to call 1300 102 010 (8am to 6pm, Monday to Friday). Aurora Energy will assess your situation and provide appropriate assistance for your individual customer circumstances.

Telstra

Telstra is offering assistance packages for its residential and small business customers who have lost services due to flooding. Call Telstra on 132 203.

Financial institutions

Most major banks are offering relief or assistance packages for customers and businesses affected by the floods. Visit your local bank branch or check their official websites for more information.

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