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Finance and Financial Management

1972

Western Australia. Rural Reconstruction Authority

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Full-Text Articles in Business

The Rural Reconstruction Scheme, J Ripley Jan 1972

The Rural Reconstruction Scheme, J Ripley

Journal of the Department of Agriculture, Western Australia, Series 4

In 1971 the Commonwealth Government passed the "State Grants (Rural Reconstruction) Act" to provide $100m to assist rural industry to adjust itself to the severe downturn in income. The money was to be divided amongst the States to enable State Governments to make loans to farmers and pastoralists.

In Western Australia the Government passed the "Rural Reconstruction Scheme Act, 1971", to implement the Scheme.