Displaying items by tag: debt

A debt mediation scheme to help farmers in financial distress deal with their lenders starts today.

OPINION: Despite what DairyNZ says, increasing production per cow or hectare can help to dilute costs and increase profitability.

A new initiative has been launched to provide up to $6000 worth of independent advice to farmers struggling with farm debt.

The new Farm Debt Mediation Scheme will soon be open for business.

There have been some encouraging signs for dairy farmers recently, says Rabobank national manager for food and agribusiness banking, Hamish Midgley.

Federated Farmers vice president, Andrew Hoggard says some dairy farmers are trapped with debt.

OPINION: High farm debt levels have cast a shadow over the Ministry for Primary Industry's positive predictions for agriculture in 2020.

The Minister of Agriculture has entered the debate on the actions of the banks labelling them as fair-weather friends.

More than a quarter of NZ’s dairy farmers have debt to equity ratios of more than 70%.

The passing of the Farm Debt Mediation and NAIT laws last night shows the Government’s commitment to work alongside and help farmers, says Ag Minister Damien O’Connor.