18 Jun 2019

Farmers welcome financial mediation plan

From Morning Report, 7:40 am on 18 June 2019

The agricultural sector, which has nearly $63 billion of debt, is backing a government proposal to help farmers in financial distress.

The Farm Debt Mediation Bill would require creditors - including banks - to offer mediation before putting farms into receivership or liquidation.

Andrew Hoggard is Federated Farmers Vice-President and commerce spokesperson. He talks to Corin Dann.