Rural Banks

Episode 29 – Why is the spotlight on rural banking?

Rural banking is a hot topic. The government says it has heard farmers’ concerns about a disparity between rural and urban bank lending practices, and has requested an inquiry into the state of competition in New Zealand banking, with a particular focus on rural areas.

Hear from those in the industry about why they believe this inquiry is needed, whether the current situation is unfair to farmers, and where personal business responsibility fits into this. Federated Farmers also outline the results of their latest banking survey, and what they hope will come from the inquiry.

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