Morrison offers cheap loans to flood-afflicted graziers in north Queensland

Multibillion-dollar recovery package resembles proposal by Bob Katter, who had threatened to help Labor recall parliament unless the government stepped up

Scott Morrison will announce a multibillion-dollar north Queensland flood recovery package based on low-interest loans to be repaid by cattle farmers after rebuilding their stocks.

Morrison is travelling to to Townsville on Friday to unveil the package, which also includes a doubling of assistance for flood-affected small businesses from $25,000 to $50,000.

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from The Guardian https://ift.tt/2Szmzux
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