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.

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The Hound

Overbearing?

OPINION: Dust ups between rural media and PR types aren't unheard of but also aren't common, given part of the…

Foot-in-mouth

OPINION: The Hound hears from his canine pals in Southland that an individual's derogatory remarks on social media have left…

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