Feds make case for rural bank lending probe
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The main reason is areas designated as 'outstanding natural landscape' include many already developed farms; other points include stock underpass requirements, setbacks for dairy shed construction, and hill and high country stocking rules.
Branch chairman Colin Hurst told Rural News they are reluctantly planning an appeal, as they appreciate the cost to all involved. "But we think [the council] need to take a hard look at themselves."
