Banks cave in to pressure over farm deposits

Westpac and ANZ were the last of the big-four banks to join NAB, CBA and Rural Bank in allowing farmers to offset loans against farm management deposits.Westpac and ANZ were the last of the big-four banks to join NAB, CBA and Rural Bank in allowing farmers to offset loans against farm management deposits.

AGRICULTURE minister David Littleproud has welcomed all major banks coming to the table to offer farm management deposit offsets to their customers.

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