Original article by Tim Binsted
The Australian Financial Review – Page: 18 : 11-May-15

Australian farmers’ total debt stands at about $A60.9bn, Rabobank Australia CEO Thos Gieskes says capital investment is on the agenda again. In recent years many farmers have focused on reducing debts incurred during the drought, but Gieskes says farmers are increasingly upbeat about the sector’s outlook. Meanwhile, he says the Federal Government should redirect funding for the Farm Finance Concessional Loans Scheme to rural R&D programs.

CORPORATES
RABOBANK AUSTRALIA LIMITED, AUSTRALIA. DEPT OF AGRICULTURE, RESERVE BANK OF AUSTRALIA, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, RABODIRECT