“The expanded Drought Support Package means farmers will be better prepared over approaching months with assistance on water and feed budgeting, pasture re-establishment, cashflow, wellbeing and business planning,” Ms Spence said.
Farmers from across the state will have access to a second Farm Advisory Service one-on-one consultation with a technical specialist.
Community wellbeing support will continue with a new round of funding for the Look Over the Farm Gate grants program opening in February 2026, administered by the National Centre for Farmer Health.
The Rural Financial Counselling Service wellbeing counsellor in the south-west will be extended until December 31, 2026, offering free confidential wellbeing support alongside financial and business counselling.
Across Victoria, more than 100 Look Over the Farm Gate events have brought communities together, engaging around 13,000 people.
So far, more than 700 farmers have participated in consultations through the Farm Advisory Service, and RFCS wellbeing counsellors have supported more than 100 farming businesses.
“We know the financial impact of drought doesn’t end when it rains,” VFF president Brett Hosking said.
“Farmers across Victoria have accrued significant losses and will need all the support they can get as they rebuild their businesses. We thank the government for this support.”
Work will also soon begin on a major pipeline expansion, to secure water access for approximately 200 rural properties and 10 towns in the Ararat, Northern Grampians and the Pyrenees local government areas.
In addition to the Drought Support Package, the VFF will receive $677,000 over two years to support financial services that assist Victorian farmers.
The funding will enable the VFF to support farming families to maintain ownership of their homes and land through drought periods where income is affected.
Two financial capability staff members will support farmers across the state through community outreach activities and educational resources.
New support for small businesses in drought-affected areas will be provided through a $600,000 package co-funded by the Bendigo Bank Community Enterprise Foundation in partnership with Regional Development Victoria.
Grants of up to $50,000 in eligible areas will help councils, rural and regional chambers of commerce, and trade associations deliver local projects that boost spending and grow business activity.
These grants are for eligible organisations in Ararat, Moyne, Colac Otway, Pyrenees, Corangamite, Southern Grampians, Glenelg, Surf Coast, Golden Plains, Warrnambool, Greater Geelong and the southern parts of West Wimmera.
To view the full range of financial, technical and wellbeing support available to drought-impacted farmers, visit agriculture.vic.gov.au/drought or phone 136 186.