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Rural lending tightening despite record low interest rates

29-Aug-2019 07:00:00 Share this:

Interest rates are at an all-time low but access to funding for rural property is becoming more difficult. The Reserve Bank’s proposal to increase capital requirements will reduce the banks’ ability to lend, at least until their reserves are built up, and could increase the cost of capital as the banks move to protect their margins.


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Topics: Rural, Rural market, Lifestyle and rural property