Dairy sector at risk from Reserve Bank capital plan, analyst says
Indebted farmers exposed if banks move to boost return on equity.
Tim Hunter Wed, 10 Apr 2019
Australian-owned banks are likely to crank up lending rates or ration credit to the dairy sector in response to the Reserve Bank’s capital proposals, analysis from UBS says.
In a research note published yesterday, UBS analyst Jonathan Mott said the impact of the Reserve Bank capital proposals