Drought-hit NSW renews push for farm insurance scheme

NSW has again called for a dedicated insurance scheme to protect farmers and the wider agricultural sector from future droughts and other natural disasters.

Agriculture Minister Adam Marshall urged his federal and state counterparts to back the idea, saying the current drought underscores the need for “bold action” to weather future dry spells.

Last July the NSW Government announced it would spend $2 million to explore the feasibility of such a scheme with the National Farmers’ Federation.

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Publication: Insurance News
Date: 16 December 2019