Australia announces extra $140 million aid package for drought-hit farmers

Reuters

Published Aug 05, 2018 12:21AM ET

Updated Aug 05, 2018 12:41AM ET

Australia announces extra $140 million aid package for drought-hit farmers

By Will Ziebell

MELBOURNE (Reuters) - Australia on Sunday announced a A$190 million ($140.56 million) aid package for drought-afflicted farmers as much of east coast suffers the worst dry spell in living memory.

Prime Minister Malcolm Turnbull announced the funding from a farm in the state of New South Wales which will give farmers in need lump sum payments and support mental health initiatives and community groups.

"These are very exceptional circumstances and it's important that we react and respond with the support that farmers need," Turnbull told reporters.

The National Farmers' Federation welcomed the news.

"It's vital that we help farmers and families that are dealing with the stress and pressures drought brings," president Fiona Simson said in a statement.

The announcement brings the government's total drought relief package to $576 million. The state government of New South Wales has also provided more than A$1 billion in assistance for farmers.