For more than 25 years QRIDA has been working with Queensland primary producers, small businesses and non-profit organisations to provide financial assistance, advisory support and disaster assistance programs on behalf of state, territory and Commonwealth government agencies.
Administering the Queensland Government’s Primary Industry Productivity Enhancement Scheme (PIPES), QRIDA has helped thousands of primary producers make a start in agriculture and secure the long-term sustainability and profitability of their enterprise with First Start and Sustainability Loans.
Through the delivery of Disaster Recovery Funding Arrangements (DRFA) assistance for primary producers, small businesses and non-profit organisations, QRIDA continues to support communities to recover from the impacts of disaster and re-establish their normal operations through disaster assistance loans and recovery grants.
As the Queensland Government’s experts in rural finance, we also administer the state government’s Farm Business Debt Mediation program, Farm Debt Restructure Office and conduct a biennial Queensland Rural Debt Survey. Our vision is to foster growth, sustainability and economic development in rural and regional communities by providing proactive, responsible and reliable financial services and assistance.
QRIDA also administers a wide range of government grants, rebates and loans on behalf of a number of other state and Commonwealth departments and agencies.
More recently, QRIDA has helped Queensland’s economic recovery from the COVID-19 pandemic, delivering much needed financial assistance to impacted businesses especially the tourism and hospitality sector on behalf of the Queensland and Australian Governments.
QRIDA has come a long way since our early beginnings in 1986, when we were known as the Government Schemes Division, part of the Queensland Industry Development Corporation (QIDC).
On 1 October 1994, the division completely separated from QIDC and under the Rural and Regional Adjustment Act 1994 (Qld) became the Queensland Rural Adjustment Authority (QRAA), reporting to the state government.
In July 2017, as a result of the Farm Business Debt Mediation Act 2017 (Qld), QRAA's name was changed to the Queensland Rural and Industry Development Authority (QRIDA) to reflect the organisation’s increased role and responsibilities, doing even more for rural and regional Queensland.
Building on our existing role within rural and regional communities, QRIDA has broadened the scope of the programs we deliver, providing high-quality, efficient and tailored programs on behalf of a range of state and Commonwealth government agencies.
Although many significant changes and developments have occurred since QRIDA began operation, our organisation remains committed to advancing and supporting Queensland industry well into the future.