Rural banking inquiry a good opportunity, ASB says

Rural banking inquiry a good opportunity, ASB says
ASB's Aidan Gent says conditions are tough for farmers at the moment. (Image: supplied)
Riley Kennedy
The inquiry into rural banking is a good opportunity to “stare into” some of the concerns raised, ASB’s head of rural says.Less than an hour after Federated Farmers launched a petition calling for a formal inquiry on the first day of Fieldays, finance minister Nicola Willis announced she has called for a select committee inquiry into banking competition, with a focus on rural banking and lending.The finance and expenditure select committee will lead the main inquiry, with the primary production committee focusing on the rural...

More Primary Sector

Pāmu lifts guidance as milk price, production rises
Primary Sector

Pāmu lifts guidance as milk price, production rises

State-owned farm operator now expects profit of between $25m and $40m.

Riley Kennedy 22 Nov 2024
Waiū Dairy still backed despite write-down
Primary Sector

Waiū Dairy still backed despite write-down

Māori Investments among Kawerau processor's largest shareholders.

Riley Kennedy 22 Nov 2024
Zespri raises profit guidance, fruit forecasts
Primary Sector

Zespri raises profit guidance, fruit forecasts

Growers are voting on expanding the co-op's overseas supply.

Riley Kennedy 21 Nov 2024