Released during August 2018, the Economic Development, Science and Innovation Committee released its eagerly awaited Report on the Financial Services Legislation Amendment Bill (FSLAB). The Select Committee’s report is lengthy, with a range of amendments recommended. Whilst the changes do not amount to a complete re-write of the FSLAB, there are several key areas industryContinue reading
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Market commentators are indicating with 80% certainty the Reserve Bank of New Zealand will lower the official cash rate by 25 basis points next month and then it will begin to stabilise. This is leading many rural borrowers to consider if now is the time to be looking at fixing rates. Head of Corporate AgribusinessContinue reading
With the dairy pay out remaining stubbornly low and equity positions becoming more precarious many farmers are seeing more of their bank manager, according to Crowe Horwath’s head of corporate agribusiness, Hayden Dillon. Dillon is quick to point out that this increased level of contact isn’t always a bad thing and proactive discussions between bankerContinue reading