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Small Business Financial Counselling Program Proposal
RFCS NSW developed this report in response to the economic and financial conditions surrounding the small business sector in regional NSW. It draws on learnings derived from delivering and evaluating the pilot Regional Small Business Financial Counselling program that RFCS NSW ran from 2020-23, in addition to economic and sector data, literature and policy reviews and drivers at the state and federal level. Based on this evidence and analysis, a NSW RSBFCS has been developed.
It is recommended the NSW Government fund this service initially over four years with a view to a co-funding arrangement with industry beyond the initial period. Having this service would address a market failure and improve the resilience and viability of small businesses in regional NSW.
Please read more about our proposal via the link below.
The Rural Financial Counselling Service Program is funded by the Australian Government and the New South Wales Government and is administered by the Department of Agriculture, Fisheries and Forestry