Aquaculture includes:
- offshore longline and rack aquaculture*
- offshore caged aquaculture*
- onshore aquaculture
The Australian Government is now operating in line with Caretaker Conventions pending the outcome of the 2025 federal election.
The RIC Drought Loan, Farm Investment Loan and AgriStarter Loan are available for Australian farm businesses involved in the agricultural, horticultural, pastoral, apicultural (beekeeping) or aquacultural industries.
RIC AgBiz Drought Loans are available for drought-affected small businesses with a direct dependency on farmers and providing primary production-related goods and services to farm businesses affected by drought.
Eligible activities for all RIC loans are based on Australia and New Zealand Standard Industrial Classification (ANZSIC), 2006 (Revision 2.0) codes, with some exceptions (see below).
Activities eligible for RIC farm business loans are listed under the Agriculture and Aquaculture subdivisions of the ANZSIC codes, with some exceptions. Categories with exemptions (where not every activity listed in the ANSZIC codes is eligible) or that require more information are marked with (*) below.
Activities eligible for AgBiz Drought Loans are listed under:
Read more below about exceptions and additional information in the categories of:
not elsewhere classified (part of ‘Other Livestock Farming’)
This classification consists of entities mainly engaged in the breeding or raising of farm or domestic animals not elsewhere categorised.
Livestock raising not elsewhere classified will be considered on a case-by-case basis.
in ‘Other livestock farming’
Horse farming is eligible for a RIC loan.
Horse farming can be categorised as livestock production that is, the controlled breeding and maintaining of animals for the purpose of selling them or their bodily produce. Relevant horse-related activities primarily consist of horse breeding, agistment services and stud farm operations for the horse racing sector, competition and sporting associations, pony clubs and working horses.
not elsewhere classified (in ‘other crop growing’)
This classification consists of sugar cane, cotton and horticultural crops and plants not elsewhere classified.
in ‘fruit and tree nut growing’
Grape growing is an eligible horticultural industry. Applicants must have the farm business as their principal business pursuit and be mainly engaged in growing table or wine grapes, or sun-drying grapes.
Grape growing would not be eligible if the business is doing minimal primary production themselves or predominantly using grapes sourced from or grown by other farms and mainly operating as a winery/distillery in their own business or for other farms.
Activities such as**:
**N.B. These activities may be eligible in cases where at least 50% of the raw produce is sourced from your own farm.
Nursery and floriculture production can be categorised as horticulture, consisting of growing and/or producing cut flowers, foliage and flower seeds, bulbs, corms or tubers and plant nursery products (such as ornamental plants, fruit trees or seedlings and vine stock).
The production of nursery products including:
Wholesale / commercial nurseries dealing largely in plant propagation for use in, or sale to, industries that are generally considered eligible, may also be considered eligible. This includes selling young seedlings and rooted cuttings of fruit trees, vine stock or native plant species for shelterbelts.
A retail nursery at which the principal cultivation is the maintenance of plants pending their sale to the public would not be considered eligible.
Aquaculture is the farming of aquatic organisms, including fish, molluscs, crustaceans and aquatic plants. Farming also implies individual or corporate ownership of the stock being cultivated. Aquacultural activities include the controlled breeding, raising or farming of fish, molluscs, crustaceans and aquatic plants used for human consumption.
Aquacultural activities such as:
‘Wild catch’ (harvest) activities such as:
In addition, pearl oyster and ornamental fish farming activities may be classed as aquaculture, however they do not contribute to the production of primary produce, either directly or indirectly.