• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Results 1 to 1 of 1
  1. #1
    Join Date
    May 2004
    Bay Of Plenty, NZ

    Default Rural Interest rates??

    Most of the current news etc is about household mortgages rates.

    The websites that forumites frequently deal with only list home/PI residential rates.

    Is there a similar website(s) that list the rural rates??

    ASB rates are :

    Business lending base 11.95% p.a.
    Rural lending base 9.00% p.a.

    This is shocking!!!!

    How does the Government expect the economy to get stimulated when the producing parts of the economy (business & farmers) are paying rates like this and Fonterra have just cut the $/kg rate.

    Yes, I know farmers are in business to make money, like everyone else, but they don't need to be hobbled with high interest rates like this.

    Come on Bank's drop your rates for the Farmers!!!!

    Disclaimer - I don't own a farm, or have shares in a farm but I did drive past one yesterday.
    Patience is a virtue.


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. What are interest rates going to do?
    By hele27 in forum Property Investment (NZ)
    Replies: 25
    Last Post: 11-08-2015, 12:18 PM
  2. Interest Rates
    By hasheem kamal in forum Property Investment (NZ)
    Replies: 11
    Last Post: 25-01-2014, 12:12 PM
  3. UK Interest Rates 27-1-13
    By essence in forum Regions News (UK)
    Replies: 1
    Last Post: 11-02-2013, 10:35 PM
  4. Replies: 2
    Last Post: 04-05-2009, 08:46 PM
  5. Are interest rates on the way up?
    By Rosco in forum Finance, legal and tax (NZ)
    Replies: 17
    Last Post: 13-02-2009, 05:21 PM
  6. 1% Interest Rates
    By Don and Liz in forum Property Investment (NZ)
    Replies: 5
    Last Post: 26-03-2008, 11:14 AM
  7. Interest rates: up or down
    By casacamo in forum Finance, legal and tax (NZ)
    Replies: 11
    Last Post: 21-05-2007, 12:17 AM
  8. interest rates
    By Belinda in forum Finance, legal and tax (NZ)
    Replies: 7
    Last Post: 31-01-2007, 09:43 PM
  9. Interest rates
    By [email protected] in forum General (NZ)
    Replies: 7
    Last Post: 27-10-2006, 05:15 PM
  10. Interest Rates - up or down
    By muppet in forum Property Investment (NZ)
    Replies: 2
    Last Post: 20-07-2005, 08:57 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts