The federal government has announced it will dispatch a team of rural financial counsellors to assist farmers with personal debt and farm financing matters.
Among a range of measures, an additional 16 personnel will be deployed to the Rural Financial Counselling Service, which the statement says is a “crucial service which provides free, impartial and independent financial advice right into the offices and onto the kitchen tables of Australian farming businesses”.
The recruits will bolster the team of more than 100 rural financial counsellers already in operation.
The reforms will also seek to enhance farm management deposits, provide farmers with access to concessional loans, and provide a new framework for rural debt mediation.
Stimulate new ideas. Stimulate new thinking. Top up your CPD points and hear from industry experts with ifa’s Knowledge Centre. Keep up to date with the latest trends and reforms, all while adding to your CPD hours. Explore the Knowledge Centre now.
Australian Wealth Solutions (AWS) has announced a change of licensee as it heads into a new era. ...
An up-and-coming goals-based advice platform has appointed former executives from Midwinter and Shadforth Financial Group to its ranks. ...
The acting AFA chief executive has come out swinging in the defence of financial advisers. ...
Get notifications in real time and stay up to date with content that matters to you.
