The farm debt mediation solution: Bailey

February 14, 2019

The Conservative Party's Victorian Senate candidate,  finance expert Kevin Bailey, says the Banking Royal Commission report makes some good recommendations.

While some of the revelations and recommendations were no surprise to many, Kevin welcomes the recommendation for a national scheme for farm mediation, a good solution to people affected by natural disasters.

The Hayne Royal Commission said that agricultural banks should not charge default interest and they need to have experienced agricultural bankers assessing farms.

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