Read somewhere today (can't find it now) that banks aren't that concerned about dairy debt. It appears that growth in lending to rural clients has outpaced the growth in other lending. They also think that farm prices will hold up, if not increase --- I think the comment was farms remain very 'bankable' is spite of the cut in farm gate milk prices (a certainty to recover they say)
So it seems nothing to worry about any stress from rural lending.
All honky dory in the countryside so it seems.
Found it - Rod Oram in SST - interesting what the bankers told him
http://www.stuff.co.nz/business/6931...-dairy-discord