Agriculture debt
Reserve Bank's latest credit conditions survey shows while mortgage demand has increased, poor economic conditions and higher unemployment rates are likely to remain headwinds
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Reserve Bank's latest credit conditions survey shows while mortgage demand has increased, poor economic conditions and higher unemployment rates are likely to remain headwinds
RBNZ sees potential financial stress for dairy farmers with 70% of their debt on floating mortgages in rising rate environment as payouts fall
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RBNZ sees potential financial stress for dairy farmers with 70% of their debt on floating mortgages in rising rate environment as payouts fall
Both housing loans and total household claims grew at fastest pace in nearly 5 years in year to August
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Both housing loans and total household claims grew at fastest pace in nearly 5 years in year to August
MAF forecasts interest payments for the agriculture sector to rise 27% over 4 yrs as rates rise; Ag profits to rise 53%
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MAF forecasts interest payments for the agriculture sector to rise 27% over 4 yrs as rates rise; Ag profits to rise 53%
$47 Billion rural hangover