Farm Debt

Farm Debt (PDF)

Download Farm Debt

The Victorian Small Business Commissioner (VSBC) mediates farm debt disputes under the Farm Debt Mediation Act 2011.

The legislation seeks to resolve farm debt disputes efficiently and equitably by requiring a creditor to provide a farmer with the option to mediate before taking possession of property or other enforcement action under a farm mortgage.

There are two types of mediation available under the Act. The first is creditor-initiated mediation, which results from a creditor issuing a notice under section 8 of the Farm Debt Mediation Act 2011. The second is farmer-initiated mediation, where a farmer takes the initiative to request mediation with their creditor.

Read more about the VSBC’s farm debt mediation role here.

Victorian Small Business Commissioner

The Victorian Small Business Commissioner is your first port of call for independent guidance on business disputes. The Commissioners office provides quick, effective, neutral and low cost mediation services – so you can get on with the job of running your business. The Victorian Small Business Commissioners’ office also provides a number of valuable resources on commercial […]