Tuesday, 18 June 2019
Rural Women New Zealand (RWNZ) is pleased to hear progress has been made on farm debt mediation with legislation about to come before Parliament.
“RWNZ has been working with the Ministry of Primary Industries and others to progress this much needed service since our submission on the Farm Debt Mediation Bill originally proposed by Mark Patterson MP,” says National President, Fiona Gower.
“Rural communities are adversely affected by the imbalance of power between banks and farmers and this bill will hopefully establish a standard process that will bring clarity and ensure farmers are treated fairly by financial institutions.
“Financial control is not black and white for farmers due to circumstances beyond their control and due to this complexity, creating a stand alone bill for farmers will provide fair treatment to all involved.
“Mediation between farmers, their families and banks will only be good for rural communities – the cultivators of an industry core to New Zealand and focused on the well-being of consumers.
“RWNZ looks forward to seeing what the Government proposes to ensure balance and support for rural families who find themselves in financial stress,” says Ms. Gower.
Rural Women New Zealand
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