Calls for an Australian reconstruction and development bank to take the risk out of $7 billion in bad farm debt has been supported by federal Agriculture Minister Barnaby Joyce.
Further, Senators Nick Xenophon (Independent, South Australia) and John Madigan (DLP, Victoria) have introduced a bill prepared to establish an Australian reconstruction and development bank (ARDB), under the Reserve Bank of Australia, with the task of implementing rural reconstruction and development policy.
Dr Mar…
