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Eligibility audit — Yarrabin Pastoral Pty Ltd

Application AGD-FIF-2026-00417 · NSW Farm Innovation Fund · 19 May 2026

Machine recommendation
Approve with conditions
subject to financial serviceability sign-off (RAA Credit)

Pass rate (in-scope)

88
In-scope pass rate
7 of 8 criteria

Criterion coverage

Location Suitability Eligible works Productivity Drought Sustainability Overlays / risk Applicant

All eligibility themes ≥ 60 % coverage

Verdict distribution

8 approvable
  • Pass 7
  • Conditional 1
  • Fail 0
  • Out of scope 2

Subject parcel

F/DP23769 · 494.48 ha
Applicant
Yarrabin Pastoral Pty Ltd
Yarrabin Mixed Farm · 22 yrs at property
Subject parcel
F/DP23769
Spring Ridge, NSW · 494.48 ha · RU1
Funding sought
A$850k
20 yrs · 3.5% indicative
Spatial risk
15
tier: low

Overall rationale

All spatially-assessable criteria are met (7/8). Bushfire risk is low (Veg Cat 3, no habitable works) and is addressed by two simple conditions on dam-access and silo siting. The two out-of-scope criteria (primary-producer status, repayment capacity) sit with RAA Credit. Recommendation: APPROVE WITH CONDITIONS, contingent on RAA Credit serviceability sign-off.

Eligibility criteria — verdict ledger

Each criterion is matched to the NSW Farm Innovation Fund guidelines, evaluated against the application package and the property's authoritative datasets, and given a single verdict with a citation that justifies it.

C1

Applicant is a NSW primary producer

Sole trader, partnership, company or trust whose principal business is primary production and who derives, or will derive, the majority of gross income from primary production carried out on the subject land.

— Out of scope
Evidence

Primary-producer status is an applicant declaration. Property is in RU1 zone with 1 dwelling and modified-pasture land use — consistent with a working primary production enterprise, but the applicant's income mix is outside the spatial dataset.

Citations
  • public.lot_profiles.zone_code = 'RU1'
  • actual_land_use = '3.2.0 Grazing modified pastures'
C2

Property is located in NSW

Subject land must be entirely within New South Wales.

✓ Pass
Evidence

Subject parcel F/DP23769 is in Spring Ridge, Liverpool Plains Shire Council, NSW — confirmed by NSW Digital Cadastral Database (DCDB).

Citations
  • NSW DCDB — cadastral_lots_full / lot_profiles row 3310755
  • Suburb: Spring Ridge, Postcode: 2343
C3

Property is suitable for the proposed primary production use

Land capability, zoning and overlays support the proposed enterprise. BSAL and LSC Class 1–4 are positive signals.

✓ Pass
Evidence

Zone RU1 Primary Production explicitly permits extensive agriculture, intensive plant agriculture and intensive livestock. Land Capability Class 3 supports cropping with appropriate management. Parcel is mapped as Biophysical Strategic Agricultural Land (BSAL) — a positive signal indicating premium ag suitability.

Citations
  • Liverpool Plains LEP 2011, Land Use Table — Zone RU1
  • NSW DPI Land & Soil Capability v4 — Class 3
  • SEPP (Mining, Petroleum Production and Extractive Industries) 2007 — BSAL Mapping
C4

Project delivers permanent on-farm capital works

Eligible works include water infrastructure, soil & pasture improvement, permanent plantings, fencing for managed grazing, energy efficiency works, and storage infrastructure.

✓ Pass
Evidence

All four project components — water storage, reticulation, perennial pasture establishment, grain storage — are listed as eligible permanent capital works under the FIF guidelines.

Citations
  • NSW Rural Assistance Authority — FIF Guidelines §3.1 Eligible Works
C5

Project contributes to long-term productivity

Demonstrable carrying capacity uplift, yield uplift, or reduction in input cost per unit output. Baseline must be quantified.

✓ Pass
Evidence

Modelled carrying-capacity uplift 4.5 → 7.8 DSE/ha on the 200 ha renovation block (73% uplift). Whole-of-farm weighted average gross margin uplift +79%. Methodology referenced to NSW DPI Profitable Pastures and AgriFutures gross margin budgets.

Citations
  • NSW DPI Profitable Pastures (2024)
  • AgriFutures Mixed Farming Gross Margins (2024)
C6

Project contributes to drought preparedness

Stored water capacity, fodder reserve, or drought-tolerant perennial pasture component such that the enterprise can withstand a defined dry sequence.

✓ Pass
Evidence

Stored water capacity 18 → 118 ML; stock-water-days under no-rainfall scenario 95 → 410 days; 800 t grain reserve added. Modelled survival of decile-1 12-month dry sequence without forced destocking.

Citations
  • BoM 30-year rainfall grid — site mean 648.5 mm/yr
  • Drought test: 12-month rolling ≤ 425 mm (≤ decile 1)
C7

Project contributes to sustainable land use

Reduces bare soil, increases ground cover, increases carbon stock, or reduces nutrient export. Quantitative baseline + projected uplift required.

✓ Pass
Evidence

Projected bare soil 33.7% → 14.0%, green cover 16.1% → 38.0%, soil carbon stock 3.14 → 4.65 tCO₂e/ha (uplift 747 tCO₂e whole-of-property). Methodology aligns with ERF default-values method for soil carbon.

Citations
  • DEA Fractional Cover (Sentinel-2, 2024) — baseline
  • Emissions Reduction Fund Method — Estimating soil carbon (default values)
C8

No conflicting regulatory overlays

No heritage listing, contaminated land, acid sulfate constraint, biodiversity offset, or threatened ecological community on the works footprint.

✓ Pass
Evidence

No heritage listing, no contaminated site, no acid sulfate constraint, no salinity overlay, no biodiversity/TEC mapping. Groundwater not flagged as vulnerable. Composite spatial risk score 15 (tier: low) — only contributor is bushfire vegetation category.

Citations
  • public.lot_risk_composite — composite_score = 15, tier = low
C9

Bushfire risk mitigation considered

If the property is on Bushfire Prone Land, the project design must reference RFS Planning for Bushfire Protection 2019 (PBP 2019) requirements for any habitable structures or critical infrastructure.

! Conditional
Evidence

Parcel is on Bushfire Prone Land (Vegetation Category 3). No habitable structures or accommodation is part of the project scope, so PBP 2019 Schedule does not directly bind. CONDITION: dam access tracks must include a fire-truck-grade turnaround within 200 m of each storage; grain silo siting must maintain a 30 m Asset Protection Zone.

Citations
  • NSW RFS Planning for Bushfire Protection 2019 (PBP 2019)
  • Bushfire Prone Land Map 2023 — Veg Cat 3
C10

Repayment capacity demonstrated

Three years of trading accounts, projected cash flow showing serviceability under stress assumptions, security position acceptable to RAA.

— Out of scope
Evidence

Repayment serviceability is assessed from applicant trading accounts and projected cash flow — outside the spatial dataset. AgGrantDSS does not certify financial serviceability.

Citations
  • FIF Guidelines §4.2 Financial Assessment — RAA Credit team

Conditions of approval (machine-generated)

If RAA Credit signs off on serviceability, the machine recommendation is to approve with the following conditions, drawn from the conditional verdict on Criterion C9 (bushfire) and the standard FIF instrument conditions.

  1. Bushfire — dam access. All-weather access tracks to each storage dam must include a fire-truck-grade turnaround within 200 m of the storage. Compliance evidence: post-works survey, due within 60 days of practical completion.
  2. Bushfire — silo Asset Protection Zone. Grain silo must maintain a 30 m managed-pasture APZ on all sides for the life of the loan. Annual photographic compliance log to RAA.
  3. Annual sustainability report. Submit Sentinel-2 fractional cover summary (bare soil %, green cover %) annually until projected baseline is reached. Free service via AgGrantDSS.
  4. Standard FIF instrument conditions per Schedule 2 of the NSW Farm Innovation Fund loan agreement apply unmodified.

Data provenance

All spatial verdicts were derived from the following authoritative datasets. The dataset row that justifies each verdict is cited inline above.

LayerOrganisationDatasetConfidence
Lot boundary & identity NSW Spatial Services (DCS) NSW Digital Cadastral Database (DCDB) High
Land & Soil Capability (LSC class) NSW DPI (Environment & Heritage) Land & Soil Capability Mapping v4 High
Biophysical Strategic Agricultural Land NSW DPI BSAL Map (SEPP Mining, Petroleum Production & Extractive Industries 2007) High
Zoning & permissibility NSW Department of Planning Liverpool Plains LEP 2011 — zoning layer High
Climate (rainfall) Bureau of Meteorology 30-year mean annual rainfall grid (1km) High
Land use ABARES Catchment Scale Land Use of Australia (CLUM) 2023 Medium
Vegetation & soil cover Geoscience Australia / DEA Digital Earth Australia Fractional Cover (Sentinel-2, 2024) Medium
Bushfire prone land NSW Rural Fire Service Bushfire Prone Land Map (2023) High