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Rural Round-up

17/06/2019

Some very interesting things here,well worth pursuing

Homepaddock

ANZ’s rural manager questions capital call – Richard Rennie:

It is a case of when rather than if banks will have to increase their capital reserves against loans and rural customers will end up paying, ANZ commercial and agricultural manager Mark Hiddleston says.

Late last year the Reserve Bank said it wants banks to increase the amount of capital held as security against loans, with weighted capital increases likely to be greater for riskier parts of banks’ lending. 

That prompted fears the dairy and construction sectors in particular could wear the brunt of the higher capital requirements through higher interest rates. . .

Community a priority for environmental winners – Nigel Malthus:

Staying in touch with their community is a priority for the 2019 Canterbury regional Ballance Farm Environmental Award winners, Duncan and Tina Mackintosh.

The Mackintoshes own and run White Rock Mains farm, a 1056ha sheep and dairy…

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