Australian Business GrantsFinder
Ongoing

Young Farmer Duty Exemption or Concession VIC

Funding
Varies
Region
Commonwealth
Apply NowOfficial Source

Overview

This program provides young farmers with a duty exemption or concession when purchasing their first farmland property in Victoria. Eligible farmers receive a full exemption from duty on farmland valued at $600,000 or less, or a concession for farmland valued from $600,001 to $750,000.

Eligibility Requirements

Applicants must be under 35 years old at the date of contract, purchasing their first farm with a maximum value of $750,000, and carrying on or intending to carry on a business of primary production on the purchased farm.

Who Can Apply

SmeRegional

Relevant Industries

Agriculture

How to Apply

Applications are submitted through the official government portal. Review the eligibility criteria carefully before applying, and ensure all supporting documents are prepared.

Visit the official application page
Disclaimer: Grant information is sourced from official government websites and updated regularly. Always verify current eligibility and deadlines on the official program page before applying.

Related Grants

Open·Commonwealth·Up to $500,000

AgBiz Drought Loans

Loans for small businesses located in drought-affected regions that directly supply goods or services relating to primary production to farm businesses. These loans help businesses manage through and recover from drought conditions.

Open·Commonwealth

Agrifutures Australia RD&E Investment

AgriFutures provides funding to organisations to conduct research, development and extension (RD&E) on behalf of Australian rural industries that pay levies but do not have their own dedicated RDC, including chicken meat, rice, honeybee, ginger, tea tree oil, and others. Funding is also available to help establish, scale and grow emerging rural industries identified as target industries each year.

Ongoing·Commonwealth·Up to $2,000,000

Agristarter Loans

Agristarter Loans provide farmers with loans of up to $2 million to assist them in starting their own farming business or to plan for and implement succession arrangements. The loans can be used to purchase or establish a farm business, buy out relatives during succession, or pay associated legal and administrative costs.