Monday,
27 January 2025
RIC farm business loans interest rate on hold at 5.18%

AUSTRALIAN Government farm business lender, RIC (Regional Investment Corporation) has announced the variable interest rate on all concessional farm business loans will remain at the rate of 5.18 per cent effective from February 1 for 6 months until the next review period.

RIC chief executive officer John Howard said RIC’s low interest rates continue to provide a concessional benefit to farm busin...

There's more to this story... Subscribe to Wangaratta Chronicle.