Farmers to benefit from fully funded Inland Rail project.
The Government has committed $8.4bn to build a freight-only rail from Melbourne to Brisbane.
This year’s Federal Budget delivered a number of new measures for Agribusiness including:
- $8.4bn to build Inland Rail project from Melbourne to Brisbane
- $28.5m to establish the Regional Investment Corporation (RIC)
- $20,000 immediate asset write-off for small businesses extended until 30 June 2018
- $1.1bn to be provided to National Landcare Programme over 7 years from 2016-17
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