Prawn farmers in the Logan and Albert River catchments who have been affected by White Spot Disease can now apply for up to $3 million in low interest finance to aid their recovery.
Agriculture Minister Bill Byrne said the low interest loans were designed to enable the prawn farmers to improve biosecurity controls, diversify their farming to include other marine species and improve the productivity and viability of their enterprises.
“The loans have been specifically designed to assist prawn farmers hit by the white spot outbreak,” the Minister said.
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“They have been created to help affected farmers get back on their feet by providing the means for them to implement systems and practices that will help their aquaculture enterprises to recover.
The low-interest loans are administered by the Queensland Rural and Industry Development Authority.
QRIDA’s manager of customer relations Craig Turner said prawn farmers who had been directly impacted by the disease should contact the authority to receive full details of the assistance available on 1800 623 946.