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Rural debt

Banks are taking substantially different views over their appetite for rural debt, and they are not all based on loan-loss experience. Meanwhile, non-bank lenders are also moving in
30th Dec 20, 11:35am
17
Banks are taking substantially different views over their appetite for rural debt, and they are not all based on loan-loss experience. Meanwhile, non-bank lenders are also moving in
All the real official signals lenders get encourage them to lend for housing, and disincentive them lending to the productive economy - no matter what the officials may say. This raises real dangers says David Chaston
29th Nov 20, 6:31am
216
All the real official signals lenders get encourage them to lend for housing, and disincentive them lending to the productive economy - no matter what the officials may say. This raises real dangers says David Chaston
ASB interim profit drops 5% from last year's record high after bank books loss on sale of funds administration business Aegis
12th Feb 20, 10:20am
13
ASB interim profit drops 5% from last year's record high after bank books loss on sale of funds administration business Aegis
Federated Farmers says passing of Farm Debt Mediation Bill should help facilitate better conversations between farmers and their banks and where necessary a more structured way to address problems
11th Dec 19, 12:09pm
9
Federated Farmers says passing of Farm Debt Mediation Bill should help facilitate better conversations between farmers and their banks and where necessary a more structured way to address problems
The financial lubrication of our rural sector is tightening fast, but as David Chaston shows, it is due to just two large banks - both of whom are, by their actions, choosing urban houses over rural businesses
8th Dec 19, 6:02am
45
The financial lubrication of our rural sector is tightening fast, but as David Chaston shows, it is due to just two large banks - both of whom are, by their actions, choosing urban houses over rural businesses
Finance Minister Grant Robertson says banks have enough time and money to implement new capital rules without making dairy farmers pay the price
6th Dec 19, 6:51am
20
Finance Minister Grant Robertson says banks have enough time and money to implement new capital rules without making dairy farmers pay the price
ANZ NZ says it was cold called by more than 10 overseas hedge funds about its rural loan portfolio within 6 months, 3 of 4 other major rural lenders say they haven't been approached
20th Sep 19, 10:09am
4
ANZ NZ says it was cold called by more than 10 overseas hedge funds about its rural loan portfolio within 6 months, 3 of 4 other major rural lenders say they haven't been approached
ANZ NZ approached by hedge funds interested in buying its rural debt portfolio but turned them down, RNZ reports
19th Sep 19, 10:38am
2
ANZ NZ approached by hedge funds interested in buying its rural debt portfolio but turned them down, RNZ reports
Farmers want Farm Debt Mediation Bill tweaked to require lenders to offer mediation as soon as they impose an 'unachievable condition'; Banks say this is an overkill but it's fair for mediation to be offered before they take 'enforcement action'
23rd Aug 19, 9:21am
16
Farmers want Farm Debt Mediation Bill tweaked to require lenders to offer mediation as soon as they impose an 'unachievable condition'; Banks say this is an overkill but it's fair for mediation to be offered before they take 'enforcement action'
Lenders to be required to mediate with indebted farmers who default on payments before taking enforcement action under proposed law thought-up by NZ First and taken-up by the Government
17th Jun 19, 5:23pm
32
Lenders to be required to mediate with indebted farmers who default on payments before taking enforcement action under proposed law thought-up by NZ First and taken-up by the Government
Federated Farmers says its quoting of bank lobby group CEO warning of perceived cost of RBNZ bank capital proposals in press release on farmer banking survey was part of ensuring balance & right of reply
8th Jun 19, 9:12am
4
Federated Farmers says its quoting of bank lobby group CEO warning of perceived cost of RBNZ bank capital proposals in press release on farmer banking survey was part of ensuring balance & right of reply
Federated Farmers supports banks in their campaign to retain unusually low capital levels. But banks are withdrawing support for farmers who are under-capitalised
6th Jun 19, 11:10am
11
Federated Farmers supports banks in their campaign to retain unusually low capital levels. But banks are withdrawing support for farmers who are under-capitalised
RBNZ enforces $10.1b increase in risk weighted assets on ANZ NZ related to mortgage and farm lending in a move that comes with an $800 mln increase to ANZ NZ's minimum regulatory capital requirements
20th May 19, 5:59pm
11
RBNZ enforces $10.1b increase in risk weighted assets on ANZ NZ related to mortgage and farm lending in a move that comes with an $800 mln increase to ANZ NZ's minimum regulatory capital requirements
CEO Steve Jurkovich says Kiwibank's in no hurry to enter the rural or corporate banking markets, focusing instead on the 'big opportunity' with SMEs
22nd Feb 19, 11:02am
5
CEO Steve Jurkovich says Kiwibank's in no hurry to enter the rural or corporate banking markets, focusing instead on the 'big opportunity' with SMEs
Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
5th Feb 19, 8:04am
29
Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
A government Farm Debt Mediation Bill would be 'a useful tool in the tool kit' Federated Farmers says as farmers' satisfaction with their banks drops
12th Dec 18, 10:13am
18
A government Farm Debt Mediation Bill would be 'a useful tool in the tool kit' Federated Farmers says as farmers' satisfaction with their banks drops
ANZ, Westpac, ASB & Rabobank still reviewing whether they'll cut floating lending rates for farmers; BNZ yet to respond to questions
15th Mar 16, 8:31am
51
ANZ, Westpac, ASB & Rabobank still reviewing whether they'll cut floating lending rates for farmers; BNZ yet to respond to questions
Receivers put 1235ha dairy farm milking 2500 cows up for sale by international tender
29th Jan 16, 5:24pm
48
Receivers put 1235ha dairy farm milking 2500 cows up for sale by international tender
Gareth Vaughan suggests ANZ's Asia-Pacific Kaumātua David Hisco will need to keep a close eye on home pastures too
29th Jan 16, 9:44am
Gareth Vaughan suggests ANZ's Asia-Pacific Kaumātua David Hisco will need to keep a close eye on home pastures too
Did you know? A guide to resources on this website to keep an eye on the dairy sector
10th Jul 15, 8:50am
Did you know? A guide to resources on this website to keep an eye on the dairy sector
New Zealanders borrowing at their fastest rate since the Global Financial Crisis with net home loan growth up $1.5b in a month
30th Jun 15, 4:00pm
22
New Zealanders borrowing at their fastest rate since the Global Financial Crisis with net home loan growth up $1.5b in a month
Gareth Morgan gives 5 reasons why existing farmers should oppose more dairy conversions
28th Mar 15, 7:00am
43
Gareth Morgan gives 5 reasons why existing farmers should oppose more dairy conversions
Potential for big fall in NZ property prices still concerns S&P
19th Mar 15, 9:57am
7
Potential for big fall in NZ property prices still concerns S&P
Farmers claim to have been forced off their Northland farms after aggressive banking practices left them with unaffordable loans
5th Apr 14, 11:38am
13
Farmers claim to have been forced off their Northland farms after aggressive banking practices left them with unaffordable loans
Heightened concern that 2014 will see significant increases in interest rates adding to farmers' biggest bill
18th Feb 14, 12:25pm
1
Heightened concern that 2014 will see significant increases in interest rates adding to farmers' biggest bill