Agriculture and Water Resources
The Regional Investment Corporation (RIC) will be the national administrator for farm business concessional loans and the National Water Infrastructure Loan Facility. The RIC will commence delivering its functions from 1 July 2018. The RIC was established and is governed by the Regional Investment Corporation Act 2018, and is a corporate Commonwealth entity within the Agriculture and Water Resources portfolio.
Appropriations 15414000
Departmental expenses 15414000
Average staffing level 32

Further information

  • Type of Body

    B. Corporate Commonwealth Entity

  • GFS Sector Classification

    GGS

  • Established By / Under

    Act / Regulation

  • Established By/Under More info

    Regional Investment Corporation Act 2018

  • Annual Report Prepared and tabled?

    Yes

  • Classification

    A. Principal

  • Materiality

    Small

  • GFS Function / Sector Reported

    Agriculture

  • Creation Date

    8 March 2018

Government appointed boards

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