Review of the Operation of the Regional Investment Corporation Act 2018
Contribute to the review of the Regional Investment Corporation (RIC) Act
A review of the operation of the Regional Investment Corporation Act 2018 (the Act) has commenced. This is required by section 53 of the Act and Agriculture Minister Murray Watt has appointed Dr Wendy Craik AM to undertake the review.
The RIC provides concessional loans on behalf of the Australian Government to farmers, drought-affected small businesses and other eligible businesses.
The Act requires the review to consider:
- the scope of the RIC’s activities after 30 June 2026; and
- the appropriate governance arrangements for the RIC after that date.
We are seeking submissions from interested stakeholders and the public to inform the review.
Have your say
You can now share your feedback on the operation of the RIC Act
To have your say:
- read the discussion paper
- provide a written submission
- complete an online survey.
Discussion paper
Questions raised in the discussion paper are intended as a guide. You are welcome to provide more general comments or only answer questions of interest. You can also raise additional matters provided they come within the review’s terms of reference.
Submit your feedback by AEDT 5 pm, 22 December 2023.
Your feedback will assist with informing the review and help to determine the future activities and governance arrangements of the RIC.
Online survey
Farm businesses and farm-related small businesses can also participate in the review by providing feedback on concessional loans through an online survey.
Submit your response by AEDT 5pm, 12 January 2023.
