Shareholder loans

Applications open 1 November 2018

The NSW Rural Assistance Authority delivers the Commercial Fisheries Business Adjustment Program - Shareholder Loan in New South Wales on behalf of the Department of Primary Industries - NSW Fisheries.

Loans up to a maximum of $80,000 to any one commercial fishing shareholder at a fixed interest rate of 2.50% over a maximum term of 12 years are available.

Loans are only available for the purchase of additional species or effort quota shares as listed below:

1. Estuary general – pipi, beachworm, cockle and ghost nipper quota shares
2. Ocean hauling – Australian sardine, blue mackerel, yellowtail scad quota shares
   Ocean trap and line – bass grouper, blue-eye trevalla, hapuku, pink ling, perch and gemfish quota shares
3. Ocean trawl - tiger flathead, bluespotted flathead, trawl whiting, silver trevally, gemfish and prawn effort quota shares.

Applications close 31 May 2019

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