Sharemilkers most likely to face 'undue pressure' from banks, survey finds

Mon, 29 Aug 2016

By Jonathan Underhill Aug. 30 (BusinessDesk) - Most New Zealand farmers are broadly happy with the relationship with their banks although more report feeling 'undue pressure', according to a Federated Farmers survey. The survey shows 80 percent of all farmers and 78 percent of dairy farmers were ‘very satisfied’ or ‘satisfied’ with their banks and reported an improvement in the quality of communications from their bank, the farmer lobby group said in a joint statement with the New Zealand Bankers’ Association Sharemilkers were most lik...

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