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
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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
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Tim Hunter
Wed, 10 Apr 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
