The signatory farm organisations and banks in the attached document acknowledge that the financial success of Queensland agriculture depends on widespread knowledge and use of best financial practices by both lenders and borrowers. This updated Queensland Farm Finance Strategy (QFFS) provides a vital ingredient to achieve this.
The document is the product of periodic consultations between the banking and finance sector, government service providers and rural industry organisations in Queensland. It represents the ongoing evolution of industry-led strategies to improve debt management services in the state. The current version reflects ongoing discussions to ensure the protocols are contemporary. As of October 2016, it is possible these may be superseded by legislated arrangements either in Queensland or nationally.
View the QFFS HERE.