Hear mediator, Lee Nevison provide an insight into Farm Business Debt Mediation (FBDM) and how producers can best prepare for their mediation.

Rural financial counsellor, Wayne Stephen speaks about farm debt mediation and provides some tips to farmers in preparing for a mediation.

http://www.jacksonlalic.com.au The emphasis at Jackson Lalic Lawyers is to provide assistance in a cost-effective and imaginative way. Call by Phone No: 61 2 9262 1770.

More:
https://www.conservatives.org.au/the_farm_debt_mediation_solution_bailey
The Conservative Party’s Victorian Senate candidate,  finance expert Kevin Bailey, says the Banking Royal Commission report isn’t all bad news.

This is video three in a four part series that explains farm debt mediation in NSW. This video focuses on the role of the mediator and others attending a farm debt mediation under the Farm Debt Mediation Act 1994. In NSW, a panel of nationally accredited mediators help lenders and farmers to have effective conversations about farm business issues. The video also discusses how others can provide support and assistance during a farm debt mediation. It notes that mediators are neutral facilitators who do not provide legal or financial advice.

2018-05-16 – Farm Debt Mediation Bill – First Reading – Video 1

Mark Patterson

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2018-05-16 – Farm Debt Mediation Bill – First Reading – Video 10

Hamish Walker

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Debt can factor as a large component on a farming business’ balance sheet. When a farming business is unable to meet their obligations to their lender the farm debt mediation process begins. This webinar aims to arm you with information on the process and dispel some of the fears and myths around Farm Debt Mediation. Denis McMahon, Senior Lawyer, Farm and Rural Legal Service will discuss the following:

* What is debt mediation?
* What are your rights?
* What your lender can and can’t do
* Timeframes involved
* Levels of assistance – who can help/costs etc
* Changes proposed in the new Farm Business Debt Mediation Bill

This is the first of four short videos that explain key features of the Farm Debt Mediation Act 1994 (NSW). In NSW a lender has to offer confidential mediation before taking possession or other enforcement action for a farm mortgage. Farmers may ask for mediation at any time. This video explains the main steps in a mediation process, the benefits of mediating, and that farmers can seek help to prepare for mediation from Rural Financial Counsellors, accountants or lawyers. More information is available from the NSW Rural Assistance Authority’s website (https://www.raa.nsw.gov.au/) or a NSW Rural Financial Counsellor.

This is video four in a four part series that explains farm debt mediation in NSW. This video discusses the role of the mediator, how parties can mediate effectively, and the types of agreements that might be negotiated during the mediation. It also explains the next steps after a satisfactory mediation, including the certificate issued and appeal mechanisms. More information is available from the NSW Rural Assistance Authority’s website (https://www.raa.nsw.gov.au/) or a NSW Rural Financial Counsellor.