North Queensland Restocking and On-farm Infrastructure Grant

Yes. These grants are intended to help people rebuild their primary production business and allows for you to restock with another type or class of livestock (in full or in part) if you’d prefer.  You will be able to restock to a level equivalent to where your herd numbers were at prior to the disaster. For example, this may be switching from a breeder herd to a trade cattle operation or switching from cattle to sheep and/or goats or other livestock.

Note: QRIDA works on the basis of one (1) Adult Equivalent cattle (450kg dry beast) equals eight (8) Dry Sheep Equivalent. For more information contact QRIDA on 1800 623 946.

The Australian Government has made the grant assistance received under this scheme non-assessable, non-exempt income. You do not pay tax on non‑assessable, non-exempt income and you do not include the amount when you work out your tax loss.

Grant assistance received under this scheme is also not subject to GST.

Please seek advice from your accountant and/or the Australian Tax Office on 1800 806 218 if you have further questions about your individual situation.

If you have already spent your own funds for eligible purposes under the scheme, these funds can comprise part or all of your matched co-contribution – you will just need to provide official tax invoices and receipts to confirm this spending.

You will be reimbursed for 50 per cent of the funds already spent, up to the maximum grant amount of $150,000.

You are not limited to only applying for the amount that you have already spent (unless it exceeds the maximum grant amount). If you have further sources of co-contribution you are able to apply for additional grant funds up to the maximum amount of $150,000.

To draw down on the approved grant funds, you will need to either: 

- submit a fully paid official invoices and official receipt and QRIDA will reimburse 50 per cent of the receipt amount to the grant recipient; or 

- submit official invoices and QRIDA will pay 50 per cent of the invoice amount to suppliers. 

Yes, you can claim freight costs associated with purchasing replacement livestock materials provided you have not been reimbursed for these costs by any other subsidies available from government agencies or charitable organisations. 

No. QRIDA will pay 50 percent of invoice amounts for items claimed, exclusive of GST. This is because you will be able to claim the GST component of your purchases when you lodge your Business Activity Statement with the Australian Taxation Office.