Wednesday, 17 July 2024 10:25

Under pressure

Written by  The Hound

OPINION: On top of the rural banking inquiry, several as-yet-unnamed banks are facing a complaint to the Financial Markets Authority over their role in a government bond sale.

A similar case is underway in Australia as its corporate regulator ASIC investigates alleged manipulation of Aussie government debt.

Like yours truly, readers probably won’t be able to squeeze out a tear for the banks.

One farmer sent the Hound his own rules for dealing with banks: “Rule no.1 – They are not our friends. Rule no.2 – Refer to rule no.1.”

As the banks prep for the coming inquiry, they may feel it’s unwarranted.

But the evidence, anecdotal and from recent surveys, show that our friends in finance have a real perception problem with farmers that they need to address.

More like this

Risky business

OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.

Should've waited

OPINION: The proposed RMA reforms took a while to drop but were well signaled after the election.

About time!

OPINION: Finally, the jackboot of State will be lifted from the throat of those trying to grow the economy.

'Terrible idea'

OPINION: With media putting so much effort into covering the issue of children not really liking the school lunch they never asked for in the first place, it's understandable they've paid little if any attention to the looming threat to the NZ economy - bird flu.

Featured

Awards celebrate rural sports talent

At a gala evening held at Palmerston North in March, the sporting and rural communities came together to celebrate the Ford New Zealand Rural Sports Awards.

New CEO for FAR

The Foundation for Arable Research (FAR) has appointed Dr Scott Champion as its new chief executive.

New genetic tool for beef farmers

Beef + Lamb New Zealand (B+LNZ) has launched a powerful new tool to help commercial beef farmers select the best bulls for their farm businesses.

Bremworth CEO departs

Three weeks on from Bremworth’s board overhaul, the carpet maker’s chief executive Greg Smith is stepping down.

National

Machinery & Products

Buhler name to go

Shareholders at a special meeting have approved a proposed deal that will see Buhler Industries, the publicly traded Versatile and…

Grabbing bales made quick and easy

Front end loader and implement specialist Quicke has introduced the new Unigrip L+ and XL+ next-generation bale grabs, designed for…

» Latest Print Issues Online

The Hound

Risky business

OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.

Should've waited

OPINION: The proposed RMA reforms took a while to drop but were well signaled after the election.

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter