Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


ANZ extends farm drought assistance package

Media Release

For Release: 6 March 2013

ANZ extends farm drought assistance package


ANZ Bank today extended its farm drought assistance package to customers in North Island regions declared in drought by the Government.

The Minister for Primary Industries, Hon Nathan Guy, announced this morning that the Auckland Council area south of the Harbour Bridge, the Waikato, Bay of Plenty and Hawke’s Bay Regional Council areas, including Coromandel and Taupo, were in drought.

Graham Turley, ANZ Bank’s Managing Director Commercial & Agri, said ANZ’s assistance package will be available to farmers in those regions, effective immediately.

Launched last week for farmers in Northland, the package is designed to help farmers meet short-term cash requirements and re-establish their farms to full performance when conditions improve.

“As New Zealand’s largest rural lender, we’ve been alongside our farm customers during good weather and bad for over a century,” Mr Turley said.

“As with any serious weather event that impacts on primary production, the effects of the drought won’t just be felt locally, but right through the economy.

“At the farm gate, the priority is to ensure that individual farms and the entire rural support network survives the impacts, and production is restored when the drought ends.”

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Research: ‘Ageing Well’ Science Challenge Launched

Science and Innovation Minister Steven Joyce today launched the Ageing Well National Science Challenge, confirming initial funding of $14.6 million. More>>

ALSO:

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news