The Victorian Small Business Commission (VSBC) Annual Report 2023-24, tabled in parliament today, disclosed that 64 applications were made for exemption certificates, a legal requirement before creditors can seek to recover a farm debt, almost triple the 24 applications received last financial year.
“We assist farmers to confidentially sit down with creditors and negotiate a way forward,” Victorian Small Business Commissioner Lynda Mc-Alary Smith said. “I strongly encourage farmers experiencing financial stress to
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