Farm debt looks tame against Australia's $51.4b credit card habit

Andrew Marshall
Updated December 12 2017 - 12:04pm, first published December 11 2017 - 5:30pm
'Tis the season for spending. But most shoppers having little idea about the interest rates they pay on discretionary purchases made with their credit cards says money management analyst, Canstar.
'Tis the season for spending. But most shoppers having little idea about the interest rates they pay on discretionary purchases made with their credit cards says money management analyst, Canstar.

For many the fear of rising farm debt and even the slightest lift in interest rates has an apprehension ranking on a scale similar to drought, bushfires, the collapse of wool’s reserve price scheme, or a live cattle export ban.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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