$519 million boost to help farmers mitigate impacts of drought
The Albanese Labor Government will invest a record $519.1 million in Future Drought Fund programs to help farmers and regional communities prepare for the next drought and build climate resilience.
The previous Fund under the Morrison Government did not acknowledge climate change as a driver of longer and more severe droughts. Today we have fixed this.
Labor has restructured the Fund and its objectives to get better results for farming families and communities and will provide record funding for it in next week’s Budget.