Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Farm Debt Laws Need to Be Overhauled

Richard Prosser MP
Spokesperson for Primary Industries
20 March 2013

Farm Debt Laws Need to Be Overhauled

New Zealand First says the case of a farm receivership in Taranaki, which resulted in a farm debt negotiator and a journalist allegedly being assaulted, highlights the need for Parliament to consider introducing a Farm Debt Mediation Bill.

Primary Industries spokesperson Richard Prosser says there are better ways of resolving difficulties in farm finance than throwing people out of their homes and off the land.

“Evicting farmers from their properties in the middle of a drought crisis is unreasonably harsh and very probably unnecessary.

“Farm Debt Mediation laws exist in South Australia and New South Wales as well as across Canada.

“They work well in allowing farmers and banks to work together to restructure debt so the banks get their money and farmers keep their land.”

Mr Prosser says that in the Taranaki farm case there had been further allegations concerning questions around personal property, the ownership and welfare of stock, and potential food safety concerns, as a result of the receivership process.

“Other allegations concerning possible improper actions by some of those involved in the receivership are potentially very serious and should be investigated separately.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On The IOC’s Treatment Of Russian Sport, And Lone Wolf Terrorism

A blanket ban on Russian athletes would also have exposed the IOC to criticism that its treatment of Russia would have been marked contrast to its treatment say, of the track and field team from Kenya – a country about which the IOC has very similar doping concerns. More>>

ALSO:

Sounds Like A Plan: Auckland Council Receives Unitary Plan Recommendations

A key milestone in New Zealand planning history was reached today when the Independent Hearings Panel delivered the reports containing its recommendations on the Proposed Auckland Unitary Plan. More>>

ALSO:

National Park Expansion: Forests And Coast Of Kahurangi Protected

Five parcels of high value land totalling more than 890 hectares have been formally gazetted as part of the National Park. More>>

ALSO:

PPP Go-Ahead: SkyPath Gets Unanimous Support

Auckland’s SkyPath project has been given the go-ahead to be delivered through a public private partnership, after a unanimous decision at today’s Finance and Performance Committee. More>>

ALSO:

Gordon Campbell: On The Reserve Bank, The UN Shortlist, And Trump

Can there really be there any link between the US presidential elections and yesterday’s RBNZ signals on interest rates and the NZ dollar? Well, maybe. And it would be this: the improving US economy is reportedly putting a tailwind behind the US dollar, and rendering the actions of our Reserve Bank virtually irrelevant. More>>

ALSO:

Gordon Campbell: On What John Key Should Be Asking Joe Biden

No doubt, US Vice-President Joe Biden will be updating Prime Minister John Key on the chances of a TPP vote taking place in the ‘ lame duck’ session of Congress that’s held between the November’s election and the inauguration of a new President in January. More>>

ALSO:

Make NZ Make Again: Greens Will Establish A Minister For Manufacturing

The Green Party announced today that it will establish a Minister for Manufacturing in Cabinet, to better represent the interests of manufacturers and ensure they thrive. The Minister will be inside Cabinet and have responsibility for the long-term interests of the manufacturing sector. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news