Farm labour, water security and new farm equipment for rural Australia targeted in Federal Budget
ABCThe Federal Budget includes billions of dollars for water infrastructure, and an extended instant asset write-off to help rural Australia lead the country out of the COVID-19 recession. Key points: The Federal Budget has committed $2 billion to water infrastructure spending Workers who are prepared to go regional for at least 6 weeks could get a relocation payment The instant asset write-off has been expanded to 99 per cent of all businesses until 2022 But those hoping for a clear plan to address the desperate worker shortage on farms or deal with increasing global trade tensions may be disappointed. Youth Allowance changes In this year's Budget, there are also changes to the Youth Allowance eligibility threshold, with $16.3 million allocated over three years to encourage young people to work on farms. The Budget also provides $317 million to extend the International Freight Mechanism until the middle of next year, providing flights for Australian exporters to send fresh produce overseas and return with medical supplies.
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