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3 Apr 2025 9:42
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      Home > News > Business

    The Reserve Bank's reviewing its capital adequacy ratios - which are said to be costing farmers a fortune

    The Reserve Bank's reviewing its capital adequacy ratios - which are said to be costing farmers a fortune

    1 April 2025
    Concerns have been raised since 2019 when the rules were tightened - that they've driven up the cost of lending and reduced economic growth.

    Federated Farmers' Richard McIntyre says they're among the strictest in the world - and estimates they've sucked about 600-million dollars out of the agriculture sector every year.

    He wants to see the return of pre-2019 requirements - which were more aligned with the rest of the world.

    McIntyre says that would see a whole lot of money in the agriculture sector benefiting rural communities and the wider economy.

    © 2025 Newstalk ZB, NZCity


     Other Business News
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     02 Apr: Buy Now Pay Later service Laybuy is back - with the help of its new Swedish owner Klarna
     02 Apr: Dairy prices have risen another 1.1 percent at this morning's Global Dairy Trade auction
     01 Apr: It's back to black for the Breakers as they enter a new era
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