At the Agricultural Finance Forum held on 23 September 2014, the former Minister for Agriculture, the Hon. Barnaby Joyce MP, pledged to investigate the need for a nationally consistent approach to Farm Debt Mediation (FDM).
Currently, only New South Wales, Victoria and Queensland have legislated FDM schemes in place. South Australia uses a voluntary scheme (the SA Farm Finance Strategy) in combination with the Farming Industry Dispute Resolution Code. Western Australia also operates a voluntary scheme.
The Australian Government is consulting with state and territory governments about developing a harmonised approach.
Further information on established state government approaches to FDM can found at: