Have your say on mediation for farm debt

Parliament is now seeking public submissions on a bill that would introduce a mandatory mediation process before receivers are appointed for agricultural debt.

The Farm Debt Mediation Bill would amend the Receiverships Act 1993 by deferring the appointment of receivers until at least 10 working days after the mediator’s summary of mediation. It would require the Banking Ombudsman to arrange for suitably qualified and experienced persons to be accredited as mediators.

The bill has been referred to Parliament’s Economic Development, Science and Innovation Committee. That committee has forwarded the bill to the Primary Production Committee for consideration. Submissions on the bill can be made through the Briefing into the Farm Debt Mediation Bill on the Parliament website.

Tell the Primary Production Committee what you think
Send your submission on the bill by midnight on Friday 3 August 2018.
For more details about the bill:
• Read the contents of the bill
• Get more details about the bill
ENDS

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