Agribusiness

• Ian Rogers

ANZ is hanging its hat on the Australian Competition Tribunal agreeing that Bank of Queensland, Judo Bank, Bendigo and Adelaide Bank and Rabobank will provide meaningful competition in business bankin.. read more

• John Kavanagh

With the agricultural sector accounting for 2 per cent of Westpac’s total committed exposures but a hefty 26 per cent of its financed emissions, the bank is working with the industry to develop tools.. read more

• John Kavanagh

Commonwealth Bank is pushing into new areas of business banking specialisation, following the success of its previous moves into healthcare, hospitality and trades. read more

• John Kavanagh

Bendigo Bank has been rated the most trusted agribusiness bank, in a Roy Morgan survey of Australian farmers. read more

• John Kavanagh

Heartland Group has completed its acquisition of StockCo Australia, marking its entry into the local rural finance market. read more

• John Kavanagh

Heartland Group is continuing its expansion in Australia through the acquisition of specialist finance businesses, with its latest move the purchase of livestock financier StockCo Holdings. read more

• George Lekakis

Bendigo Bank chief executive Marnie Baker yesterday signalled an intensification of the company’s attack on costs after unveiling an organisational revamp that will consolidate the business and rural.. read more

• John Kavanagh

The Red Meat Advisory Council has asked the ACCC to investigate Bank Australia’s refusal to provide financial services to organisations involved in intensive animal farming or live animal exports. read more

• John Kavanagh

The Federal Court has ordered Commonwealth Bank to pay a $5 million penalty, after it found that the bank had breached the ASIC Act and the Corporations Act over the failings of its Agri-Advantage Plu.. read more

• Banking Day staff

New Zealand has passed Farm Debt Mediation legislation. read more

• Banking Day staff

The Australian Banking Association has released a consultation paper on the use of credit cards for gambling, a further step in its new-found soft marketing approach. read more

• Bernard Kellerman

The ACCC has authorised changes to the Australian Banking Association's code of practice to prescribe criteria for basic bank accounts and, separately, not to impose default interest on farmers affect.. read more

• Banking Day staff

Police Bank's chief executive Tony Taylor left the business on Friday, for family reasons. Andrew Rasby, the bank's chief member officer, will serve as acting CEO until further notice. read more

• Lynn Grieveson

The RBNZ surprised markets with a deeper than expected cut to the OCR. Reserve Bank Governor Adrian Orr said the bank's Monetary Policy Committee "tossed and turned around" before decided to cut the r.. read more

• John Kavanagh

Lenders face a number of restrictions in the way they deal with primary producers, under the terms of a bill tabled in Parliament this week. read more

• Banking Day staff

New Zealand farming lobby group Federated Farmers says the Reserve Bank's proposed bank capital changes are worrying farmers and will cause further slides in customer satisfaction. read more

• Banking Day staff

The Morrison Government has established a Drought Finance Taskforce to address financial stress on individual farms and rural communities. read more

• Ian Rogers

ANZ received a bollocking over its handling of Landmark customers in the interim report of the royal commission, while there is disdain for the complaints of Bankwest business borrowers from the commi.. read more

• Ian Rogers

NAB is yet to lift its home loan lending rates - something that seems inevitable - but instead National Australia Bank CEO Andrew Thorburn is back on the public relations round. read more

• Banking Day staff

A loan to a single agribusiness concern represents more than eight per cent of all the impaired loans of Rural Bank, the bank's owner, Bendigo and Adelaide Bank, has the told the Royal Commission in.. read more