News & Insights

The future of Agricultural finance. it’s all about rogue bees!

Jul 31, 2020 4:44:58 PM / by Scott Wishart posted in Debt, Action, Planning, Budget, Banking, Strategy

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Scott Wishart, Managing Director, NZAB

I came across this the other day:

A company pursuing only profit but not considering the impact of its profit seeking upon customer satisfaction, trust or long-term resilience, could do very well in the short term, but its long term future may be perilous. There is a parallel in the behaviour of bees, which do not make the most of the system they have evolved to collect nectar and pollen. Although they have an efficient way of communicating about the direction of reliable food sources, the waggle dance, a significant proportion of the hive seems to ignore it altogether and journeys off at random. In the short term, the hive would be better off all bees slavishly followed the waggle dance, and for a time this random behaviour baffled scientists, who wondered why 20 million years of bee evolution had not enforced a greater level of behavioural compliance
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The World has Changed So Your Business Needs to As Well

Jul 13, 2020 4:42:47 PM / by Tom Laming posted in Debt, Action, Planning, Budget, Banking, Strategy

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“Change is the law of life. And those who look only to the past or present are certain to miss the future.”

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The Game Might Have Changed but the Opportunities for Growth Haven’t

Jun 23, 2020 9:24:18 AM / by Tom Laming posted in Debt, Action, Planning, Budget, Banking, Strategy

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Even in this ever evolving environment, there is still great opportunity to achieve growth in your agricultural businesses. You just need the right game plan.

 

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Updated Agri Bank market share data throws up some interesting insights

Jun 12, 2020 9:07:32 AM / by Andrew Laming posted in Debt, Action, Planning, Budget, Banking, Strategy

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The RBNZ has just updated their Bank dashboard data for the quarter ended 31 March 2020.  It’s a chance for us to dive into the numbers and see what’s going on.   Remember, a bank’s appetite can be driven by these numbers (both proactively and re-actively – i.e what they are doing now and what they intend to do) so that’s why we’re across them.

 

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The folly of Bank SQ testing is leading farmers to bad investment decisions.

Jun 4, 2020 3:53:48 PM / by Andrew Laming posted in Debt, Action, Planning, Budget, Banking, Strategy

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Don't just dump your budget with the bank!

May 21, 2020 10:53:12 AM / by Andrew Laming posted in Debt, Action, Planning, Budget, Banking, Strategy

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Don’t just dump your budget with the bank – You’re missing a golden opportunity to showcase your business and control the terms of your lending.

 

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Coronavirus - Farm Finance Check

Mar 27, 2020 9:45:00 AM / by Scott Wishart posted in Debt, Coronavirus, Action, Planning, Budget, Agriculture, Banking, Covid-19, Strategy

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There's a lot of uncertainties at the moment, but our job is to assist you in ensuring that your finance isn't one of them. To our clients, you'll be getting a call from us in the next couple of days so we can check in to see if there's anything else we can be doing to help you.

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A timely and welcome OCR response

Mar 16, 2020 1:15:00 PM / by Andrew Laming posted in Debt, Action, Planning, Agriculture, Banking, Covid-19, Strategy, OCR

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A timely and very welcome OCR response, but let’s make sure it flows through to farmers.

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Dairy farmers firmly on the podium for fastest debt repayment!

Mar 9, 2020 10:00:00 AM / by Andrew Laming posted in Debt, Dairy, Agriculture, Amortisation, Repayment, Banking

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Dairy Farmers Firmly on the Podium for Fastest Debt Repayment.

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Has your bank asked you for an updated valuation lately?

Feb 17, 2020 10:01:00 AM / by Andrew Laming posted in Debt, Action, Planning, Agriculture, Banking, Strategy, Valuation

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