What steps can farmers take right now, and over the next few years, to get a lower interest rate from the banks? ASB’s Rural GM Aidan Gent joins us to explain how farmers can strengthen their position with the banks, including showing up with a clear budget and strategy, knowing your business’s strengths and weaknesses, and demonstrating how you behave in a downturn.
Useful links:
Federated Farmers Podcast Ep 3: Rural banking inquiry: 'Let's get it underway'
https://www.farmersweekly.co.nz/news/banking-inquiry-lets-get-it-underway/
