Farm Debt Restructure Office

Farm Business Analysis Assistance is designed to assist primary producers experiencing financial difficulties and can help you get back on track with your finances.

What the program provides

• Access to a panel of independent farm debt restructuring specialists with significant experience in turning around struggling financial enterprises
• An impartial report on your business, operation and overall financial position
• The opportunity to work with the specialists to identify the underlying problems you are experiencing
• A review of your existing business strategies and options and recommendations that resolve your underlying debt issues including debt restructure
• The report is provided in confidence on a no obligation basis, so you remain in control of how you wish to proceed.

How to apply

• Speak with either your accountant, advisor, bank or QRIDA to see if you are eligible and, if so, apply by submitting an application
• You will need to provide information about your enterprise to assist with the application process. This includes financial statements, tax returns and your current statement of position.

What to expect

• You can choose your preferred financial specialist from our panel of independent consultants, of which, we will engage on your behalf
• QRIDA will brief your specialist and engage with key parties including your bank, advisor or rural financial counsellor to ensure the engagement goes smoothly
• The specialist will go on farm and develop the report over approximately 8 weeks, in consultation with you
• On final completion of the report, you can review and consider it and then choose what action to take with the information and options provided in the report
• QRIDA will be in contact to follow up on how you are progressing and get your feedback.