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NEWS
UPDATED 30 JUNE 2005
INDEXJAN 05FEB 05MAR 05APR 05MAY 05JUN 05LATEST


Credit quality in top condition despite the dry
24 May 2005

National Australia Bank's general manager of agribusiness said non-performing loans in the agribusiness sector stood at a 15-year low of just a third of one per cent. Of NAB's 12,000 cropping and mixed farming customers, less than 20 have had requests for further finance turned down, while less than 100 had been granted conditional additional finance, he said.

Financial Review, 24/05/05

Previous News Items:
23 May 2005 | Farmers draw down cash reserves in December quarter
23 May 2005 | Winter outlook grim for south-eastern grain farmers
23 May 2005 | Cabinet may relax rules on drought assistance
23 May 2005 | Anderson frets over the decline in farm numbers
23 May 2005 | Wool demand slack even as prices creep higher


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