Royal commission shows bank lenders don't 'get' farming, and rural economies pay the price
- Written by Sally Weller, Reader, Australian Catholic University
The Financial Services Royal Commission has exposed the fraught relationship between farmers and financiers. We have heard about loan terms being changed without notice or consultation, loans revalued to suit the agendas of financiers, and heartless and harsh treatment of farmers once the loans are revoked.
A number of factors have contributed to...
