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VICTORIAN FARMERS.

RURAL BANK SCHEME. A. and N.Z. MELBOURNE. Oct. 6. The Legislative Assembly read a second timo a bill for the creation of a rural bank as a department of the State Savings Bank. The measure proposes to make available a sum of £5,000,000 for advances to farmers. These will be repayable over a term of 35 years. There is provision also for fixed loans, repayable ui five years. In addition the battle will.bo empowered to grant seasonal advances to meet seasonal requirements.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19261007.2.68

Bibliographic details

New Zealand Herald, Volume LXIII, Issue 19452, 7 October 1926, Page 11

Word Count
84

VICTORIAN FARMERS. New Zealand Herald, Volume LXIII, Issue 19452, 7 October 1926, Page 11

VICTORIAN FARMERS. New Zealand Herald, Volume LXIII, Issue 19452, 7 October 1926, Page 11