Dairy prices slip
Dairy prices pulled back a bit in the overnight Global Dairy Trade (GDT) auction and it’s mostly to do with New Zealand’s biggest market, China.
Westpac NZ chief executive Catherine McGrath says its customers are telling them that they are seeing strong sentiment for change from their customers, suppliers and shareholders.
"We know that being a sustainable business makes good business sense. It can help to build great teams, connect with consumers, reduce operating costs and support the community.
"So, we have designed a loan to provide tangible support for customers who are wanting to invest in sustainability initiatives.
"This sustainable business loan will help our corporate and agribusiness customers invest in projects that improve the environment, help adapt to climate change, or deliver positive social outcomes for communities or groups.
"It complements the Sustainable Farm Loan but has a more targeted focus on specific assets and projects."
