Farm Debt Mediation Bill

Eligibility - Queensland residents
Principal Petitioner:
L Freeman
Bailey Street
MANY PEAKS QLD 4680
Total Signatures - 766
Sponsoring Member: Elizabeth Cunningham MP
Posting Date: 25/2/2003
Tabled Date: 10/9/2003
Responded By: Referred Minister
TO: The Honourable the Speaker and Members of the Legislative Assembly of Queensland

The petition of residents of the State of Queensland draws to the
attention of the House the difficulties being faced by farming families
particularly exacerbated by financial institution policies. These
circumstances create financial difficulties and has in many instances
triggered foreclosure action by lending institutions. Such a process
must be fair and transparent. However, there is evidence and experience
that demonstrates that farming families are in a disadvantageous position
when negotiating with financial institutions and the Farm Debt Mediation
Bill in some measure provides a transparent process for both parties to
adhere to.
Your petitioners therefore request the House to support the private
member’s bill currently before the House.