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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Farms vulnerable as banks mount RBNZ capital defence

Submissions reveal concerns about cost of high agriculture debt.

Tim Hunter Mon, 01 Jul 2019

Banks are already cranking up the cost of loans to the agriculture sector in advance of new capital requirements proposed by the Reserve Bank, says one of the country’s biggest farming enterprises.

In a submission to the RBNZ’s capital review published today, Dairy Holdings, which operates

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Tim Hunter Mon, 01 Jul 2019
Contact the Writer: thunter@nbr.co.nz
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Farms vulnerable as banks mount RBNZ capital defence
General Business,
79919
true