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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Primary Industries
5 mins to read

Farmers ‘frustrated’ by bank behaviour: Federated Farmers

More than 1000 farmers come forward to vent over what banks are not allowing, as inquiry ponders competition issues.

Federated Farmers banking spokesperson Richard McIntyre.

New Zealand farmers are increasingly frustrated by the behaviour of their banks, as a select committee assesses competition within the sector.

More than one in five farmers thought their bank wasn’t allowing them to structure their debt in the most “interest-efficient” way, according to

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Jonathan Mitchell Thu, 03 Oct 2024
Contact the Writer: jmitchell@nbr.co.nz
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Farmers ‘frustrated’ by bank behaviour: Federated Farmers
Primary Industries,
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