Farmers will receive access to subsidised training and development initiatives, including one-on-one coaching, workshops, digital learning platforms and peer learning opportunities, designed to enhance risk management and maintain farm productivity during tough times.
The FBRP is jointly funded by the Federal and NSW governments, and has already achieved significant outcomes, facilitating more than 2500 new farm business plans and drawing nearly 28,000 participants across more than 2000 events.
More than 1600 NSW farming enterprises have enhanced their operations through specialised workshops and events.
Federal Minister for Agriculture, Fisheries and Forestry Julie Collins said this program recognises that “drought is always a case of when, not if, so being prepared is vital”.
NSW Agriculture Minister Tara Moriarty said the initiative is co-funded through the Federal Government's Future Drought Fund and the NSW Government.
It seeks to minimise economic impacts on the agricultural sector while delivering wider benefits to rural communities, including job creation and supply chain resilience.
“Drought and extreme climate events are becoming more frequent, intense and prolonged,” she said.
“This investment will help regional communities and farming businesses better prepare for and respond to these challenges, ensuring long-term sustainability and economic stability.”
For more information on the Farm Business Resilience Program, visit www.droughthub.nsw.gov.au/programs/fbrp