Prime Minister Scott Morrison is being accused of “misleading” the public after it was revealed immediate drought assistance for farmers makes up less than 14 per cent of the promised $7 billion.

The government was scrutinised in senate estimates when Labor Senator Murray Watt repeatedly asked Agriculture Minister Bridget McKenzie how the government could claim to be spending $7 billion in drought relief when $5 billion was allocated to a Future Drought Fund.

Senator Watt tells Steve Price the government needs to act immediately.

“The entire centrepiece of this imaginary $7 billion fund is something that’s actually only worth about $100 million a year.

“Every time we’ve got the Prime Minister going around claiming to have a $7 billion drought package, I’m afraid he’s just misleading people who really need our help.”

Click PLAY below to hear the full interview

Image: Getty/Tracey Nearmy