Westpac's bad dairy loans still low but stress levels are rising
Meanwhile, the Reserve Bank's view is that losses for the banking system are "manageable". With special audio feature.
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Hawke’s Bay
See also: Westpac's still lending to dairy farmers - but only to the creme de la creme
Westpac says its lending to the agriculture sector is high quality but some stresses are emerging as a result of low dairy payouts.
Its figures, revealed in a presentation to investors in Australia on Westpac’s
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Jenny Ruth
Wed, 09 Mar 2016
Wed, 09 Mar 2016
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Westpac's bad dairy loans still low but stress levels are rising
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