Farm Debt Mediation

The Tasmanian Government has committed to introducing a legislated farm debt mediation scheme in Tasmania that will help farmers in financial stress deal with their creditors.

The Farm Debt Mediation scheme will provide:

  • a structured negotiation process with a neutral and independent mediator to help farmers and lenders communicate effectively and come to a formal agreement about the management of farm debts

  • an efficient, inexpensive and fair process for resolving debt problems early, as an alternative to a drawn-out, expensive and stressful court process for farmers and lenders 

  • assistance to address power imbalances that may exist between stressed farm businesses and their creditors

  • resources to farmers to help them negotiate their own protections when dealing with lenders 

  • the statutory right to participate in mediation before creditors can take enforcement action

​Public Consultation

Public consultation has closed but the consultation paper is still available:

 Proposed Legislated Farm Debt Mediation Consultation Paper (DOCX 143Kb)

Five submissions were received in response:

 Farm Debt Mediation Submission - Australian Banking Association (PDF 139Kb)

 Farm Debt Mediation Submission - Mediator Standards Board (PDF 173Kb)

 Farm Debt Mediation Submission - Poppy Growers Tasmania (PDF 840Kb)

 Farm Debt Mediation Submission - Rural Business Tasmania (PDF 349Kb)

 Farm Debt Mediation Submission - TFGA (PDF 209Kb)


Work on this initiative is ongoing.  Please check this webpage for updates.​



PO Box 46,
Kings Meadows, TAS, 7249.