Rural debt
Wind it up, loans without climate change conditions, cost of & return on capital, up like a rocket & down like a feather, Antonia Watson's very confusing remuneration, milking farmers, excess profit tax & other tales from the parliamentary banking inquiry
Wind it up, loans without climate change conditions, cost of & return on capital, up like a rocket & down like a feather, Antonia Watson's very confusing remuneration, milking farmers, excess profit tax & other tales from the parliamentary banking inquiry
Guy Trafford looks at how borrowing has affected rural businesses through the pandemic, and the assistance available when that debt becomes an excessive burden
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Guy Trafford looks at how borrowing has affected rural businesses through the pandemic, and the assistance available when that debt becomes an excessive burden
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
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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
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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
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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
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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
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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
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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
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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
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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'
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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
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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
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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
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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
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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