A SENATE inquiry into primary production financial lending has made 27 recommendations aimed at enhancing farmers powers and rights in sensitive areas like debt mediation and farm foreclosures.
The six-month examination by the Senate select committee was Co-chaired by One Nation Queensland Senator and party leader Pauline Hanson, former One Nation Senator Malcolm Roberts and NSW Nationals Senator John Wacka Williams.
A key recommendation in the Committees final report tabled in the Senate today said the federal government should establish a nationally consistent compulsory farm debt mediation scheme, based on the NSW model, with a $10 million limit on loan amounts.
It also called for the governments newly established Royal Commission into b…
Read the full article at: http://www.queenslandcountrylife.com.au/story/5105868/new-senate-report-backs-national-farm-debt-mediation-scheme/?cs=4704
