A Short History
Around 2006 Simon McCann was advising his corporate and institutional clients in Australia to ready for a potential ‘economic depression’ or ‘double recession’. His professional background is in investment banking, corporate finance and capital markets in Europe and Australia. However, he originates from rural NSW, and realised that the possible financial impact on farmers’ financial position would be devastating.
So in 2006 Simon let friends and professional associates across central NSW know that if any farmer needed assistance to deal with banks or their lawyers, to contact him.
This was the seed of the first volunteer advocacy group acting solely for farmers to deal with farm debt issues.
The idea was that he would use his combination of banking, corporate law and farming background, and represent the farmer to ‘deal with’ their banks or the banks’ lawyers.
By 2008 the financial crisis was in full swing, and the farmers’ contact with Simon escalated heavily. He received assistance from 2 professional practicing lawyers based in rural areas, to manage cases.
The name “Peters Care” was formed around 2012, as the group needed to introduce its own legal structure and with compliance and governance.
In 2014 the ABC featured articles on Peters Care and its founder Simon McCann, which did raise the profile of the small volunteer network. However, the broadcasts were Australia wide, which opened the floodgates with farmers across Australia seeking assistance. Peters Care now covers all States and Territories of Australia.
Despite the relevance of Peters Care, it does not receive any government assistance, which has at all times made its continuation constantly difficult. Peters Care did have a sponsor for 2-3 months, however, they did pull out when confronted with the enormity of the issues Peters Care dealt with.