At Latevo we’ve been working with growers to for six years and in 2019 we migrated the model to a Farmers Mutual. Our goal is to build a self-sustaining model of Farm Income Protection owned by farmers and introduce low-rate cost working capital loans for broadacre farmers.
We have recently presented a proposal to the Federal Government to provide short-term support that will enable us to build a self-sustaining not for profit that supports Australian broadacre growers in good times and bad.
We have requested a Limited Liability Fund be created to support the mutual through our set up phase and a rebate scheme similar to that of the private health insurance rebate.
Please see full details of the proposal below: