AGRIBUSINESS ARCHIVES

RBNZ relaxes capital requirements

The Reserve Bank has significantly relaxed its trading bank capital requirements by no longer insisting all the additional capital must be equity and by extending the phase-in period to seven years from the original five.

Scales meets guidance but next year to be flat

Apple company Scales Corp’s underlying net profit for 2019 will meet guidance and its operating profit for 2020 will be flat because of increased capital spending and lower interest income.

Meat exports hit record highs

Export lamb and beef prices reached their highest-ever levels in the September quarter while forestry products, mainly logs, had their biggest decline in more than 10 years.

Farm borrowers will find lenders

This week the Reserve Bank will finally announce the outcome of its review of minimum capital requirements for trading banks. Nigel Stirling asks who will fill the gap in the rural lending market if the banks carry out their threats to pull the rug from under farm borrowers.

Turning challenge into change

The agriculture sector needs to work together to turn disruption into opportunity, Rangitikei farming couple Laura and Richard Morrison say.

THE BRAIDED TRAIL: Government losing forestry debate

The response of Government ministers to rural concerns about forestry policy is polarising the debate.

Describing rural perspectives as fiction and upset rural protesters as rednecks is counter-productive. 

Bank pressure builds on farmers

The number of farmers feeling under pressure from their banks has risen from 16% to 23% in the latest six-monthly Federated Farmers banking survey.