Hockey hints at possible tax help for drought-afflicted

FEDERAL Treasurer Joe Hockey has foreshadowed moves - including possible tax changes - to help rural communities doing it tough in the drought.

Speaking in Charleville on a tour of affected areas in Queensland and NSW with Agriculture Minister Barnaby Joyce, Mr Hockey said the plans were "all work in progress".

"Obviously there are some communities that are doing it pretty damn tough but communities are resilient," he said.

"There is still much to learn … we don't want to reinvent the wheel when it comes to dealing with drought.

"If a farmer hasn't got money, it affects the whole community … and I think that is lost a bit in the city sometimes."

Mr Hockey distanced the Federal Government from a Queensland Government suggestion of a rural investment fund or bank. - APN NEWSDESK


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