Displaying items by tag: westpac

Fonterra surprised observers last week by announcing an early upgrade of its milk price; the GlobalDairyTrade (GDT) price index lift of just 1.7% was lower than expected, says ASB’s senior rural economist Nathan Penny.

A dairy farmer and mayor of a town hit by a double whammy of bank branch closures says the loss of a bank can change the perception of vibrancy and wealth in a rural town.

Some dairy farmers continue to ignore their financial problems, instead sticking their heads in the sand, says Westpac's agribusiness chief, Mark Steed.

A group of journalism students from Massey University's Wellington campus gained an insight into the agribusiness sector last week.

Farmers are being warned that low interest rates are going to be a thing of the past.

Westpac wull support its dairy customers to the tune of about $2/kgMS deficit in their cashflow this year, says Mark Steed, head of agribusiness and property.

It's not in anyone’s interest to see customers fail, says Westpac’s head of agribusiness, Mark Steed. 

Local Westpac bank staff could find themselves up a creek near you if their chief executive David McLean has his way.

Farmers in South Canterbury and North Otago will feel the financial crunch of the drought-like conditions shortly, with Westpac gearing up to assist its hardest hit customers in the regions.

THE COMMERCE Commission is negotiating with Westpac and ASB after having reached a $19 million settlement with ANZ over the marketing of interest rate swaps.