Farmers in South Australia will be better protected financially after recent legislation on mandatory farm debt mediation was passed in parliament.
According to Minister for Primary Industries and Regional Development Tim Whetstone, the new Farm Debt Mediation Act 2018 has brought South Australia in line with other states in its effort to support farmers.
South Australian farmers can get on with what they do best in contributing to the states prosperity through farming in the knowledge they have a safety net with farm debt mediation now required by law before a creditor is able to foreclose on a farming operation, Mr Whetstone said.
South Australias counterparts in the eastern states New South Wales, Victoria and Queensland already have f…
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