Governance Framework
QRIDA's Governance Framework ensures our functions are delivered transparently, fairly, responsibly and accountably.
Functions and powers
The functions and powers of the Queensland Rural and Industry Development Authority (QRIDA) as defined in the Rural and Regional Adjustment Act 1994 (Qld) and the Farm Business Debt Mediation Act 2017 (Qld), are to:
put approved assistance schemes into effect, and ensure the schemes are properly and fairly administered
arrange for education, training and advice to applicants under approved assistance schemes
negotiate for assistance funding with all levels of government
carry out research into, and develop policies on, and give advice to the Minister on issues affecting people likely to receive assistance including financial performance and sustainability of the rural and regional sector and proposed assistance schemes, for rural and regional Queensland
administer authorised interstate, and Australian Government schemes
ensure a survey of rural indebtedness in Queensland (a rural debt survey) is conducted on a cyclical basis
administer the Farm Debt Restructure Office to assist a farmer in financial distress; and
administer a Farm Business Debt Mediation program to provide an efficient and equitable way for farmers and mortgagees to resolve matters relating to farm business debts.
