I will try again:
Sept $2.4m 0.073%
Dec $142m
Mar $195m 5.85%
Still struggling to see what this has to do with Heartland. Which is probably why I dont give a sh.. why am I posting?
Printable View
Just a timely warning that banks can/and still do get it wrong.
I would guess Mainzeal. Postie is peanuts.!
So, according to an article that I can no longer find:
The average farmer in NZ is 60 years old. Sounds like the younger generation are not wanting to be farmers. How good the research is, is another story.
An "ageing farmer" population could propose a problem?
Mmm - not sure on that. I was referring to the large players (Harvard Pension fund with 10+ farms, NZSuper fund with 10+ farms etc) with multiple farms who are likely to have large funding lines from a bank, secured over all assets so no need for small individual loans for new equipment.
You could be right for the small, single farm corporates (who have long term funding for the farm but need short term funding for the equipment) as they replace the old rich farmers who just pay cash as they are debt free and rolling in it.