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News
RIC farm business loans interest rate on hold at 5.18%
RIC today announced the variable interest rate on all concessional farm business loans will remain at the low rate of 5.18% effective from 1 February 2025 for 6 months until the next review period.
RIC recognised at Global Banking & Finance Awards
RIC has been awarded the Excellence in Innovation - Digital Lending Technology Implementation award at the Global Banking & Finance Awards 2024.
RIC recognised with global innovation award win for project implementation
RIC has been honoured with a global banking and finance award in recognition of achievements in innovation and transformation.
WA farmers advance drought management and recovery with RIC Drought Loan
With the assistance of a RIC Drought Loan, Michelle Walton-Hassell and her husband John have recovered from drought, prepared their mixed farm business for future dry conditions, and improved its financial position for succession.
Research shows RIC farm loan customers remain positive despite concerns about increasing costs
RIC today released the RIC Farm Loans Customer Insights Brief 2024, revealing surveyed RIC customers are concerned about sustained high interest rates and increasing farm production costs, yet remain positive about their farm business and the long-term future of the agriculture industry.
Free webinar for farmers to learn how RIC loans can help rebuild and recover from severe business disruption
RIC is hosting a free webinar on 18 September 2024 for farmers, advisers and agriculture industry representatives to learn about how a Farm Investment Loan can help support farm businesses to rebuild and recover after severe business disruption.
RIC loans variable interest rate increases from 1 August 2024
RIC today announced the variable interest rate on all concessional farm business loans will increase by 19 basis points to 5.18% effective from 1 August 2024
RIC recognised with global award win for transformation excellence
RIC has been honoured with a global banking and finance award in recognition of achievements in innovation and transformation.
New and next generation farmers to join free RIC webinar to learn more about AgriStarter Loan
Australian Government farm business lender, RIC (Regional Investment Corporation) will host a free online webinar to help farm businesses learn more about the AgriStarter Loan, which is helping eligible farmers nationally to start up, set up and grow or support with succession arrangements.
RIC to host free webinar for first and next generation farmers
RIC will host a free online webinar for farmers, financial advisers, business planners and rural counsellors to learn more about how low-interest RIC loans can assist eligible first and next generation farm businesses accelerate their business plans.