Record low interest rates for Australian federal farm loans

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Record low interest rates for Australian federal farm loans

FlowNews24

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04:38

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Wayne reflects on the Australian government's announcement that its Regional Investment Corporation (RIC) has slashed its interest rate to 1.77%, the lowest rate in the RIC's 2½ year history. Wayne wonders why the RIC's scope isn't expanded to assist regional manufacturing.
More at FlowNews24: https://www.flownews24.com.au/blog/federal-farm-loans-rate-drops-to-historic-low-1-77-interest-rate

Wayne reflects on the Australian government's announcement that its Regional Investment Corporation (RIC) has slashed its interest rate to 1.77%, the lowest rate in the RIC's 2½ year history. Wayne wonders why the RIC's scope isn't expanded to assist regional manufacturing. More at FlowNews24: https://www.flownews24.com.au/blog/federal-farm-loans-rate-drops-to-historic-low-1-77-interest-rate read more read less

3 years ago #agriculture, #banking, #farm, #farm-finance, #farm-loans, #farming, #finance, #grains, #loan, #loans, #primary-production

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