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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

Fed Farmers backs sponsor after bank’s $2.9m settlement

Lobby group will not drop its 'gold sponsor' which breached the Fair Trading Act over selling interest rate swaps to rural customers

Jamie Ball
Wed, 18 Feb 2015

Lobby group Federated Farmers says Westpac will remain one of its gold sponsors despite the bank’s interest rate swaps settlement with the Commerce Commission yesterday.

The commission reached a $2.97 million settlement with Westpac over its marketing, promotion and sale of interest rate swaps to

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Jamie Ball
Wed, 18 Feb 2015
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Fed Farmers backs sponsor after bank’s $2.9m settlement
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