Budget lays tracks for NSW farmers
The NSW Farmers’ Association is ecstatic the Federal Government has fully committed to build the Inland Rail.
NSW Farmers’ Association President, Derek Schoen, said the commitment of an additional $8.4 billion to build the Melbourne to Brisbane Inland Rail will drive down transport costs for farmers by providing better access to alternative ports, and creating more competition between the ports.
“When a third of your costs are taken up in transport, this means better farm gate returns,”he said. “The project will also save lives and improve congestion by getting freight off roads and onto rail.”
The Association is particularly pleased to see the $20,000 immediate asset write-off provisions for small businesses continue for a further year, as well as the extension of funding supporting the production of the Q fever vaccine and test kits to guarantee ongoing protection against this debilitating disease.
A $9 million investment will see rural and remote Australians for the first time be able to access psychology services covered by Medicare through teleconferencing.
“Overall there are some great wins for farmers and regional New South Wales. The Inland Rail announcement really has exceeded industry expectations,” Mr Schoen concluded.