Bank debt alternatives needed for ag says Farm Institute

Andrew Marshall
Updated November 1 2016 - 6:21pm, first published 6:00pm
Bank debt may have sustainably paid for productivity growth in recent decades, but the capital required to fund further growth and family succession demands will far exceed the value of what has borrowed in the past 25 years, says the Australian Farm Institute.
Bank debt may have sustainably paid for productivity growth in recent decades, but the capital required to fund further growth and family succession demands will far exceed the value of what has borrowed in the past 25 years, says the Australian Farm Institute.

Relying on bank debt as the main source of funding for farming businesses will likely limit the sector's future growth says the Australian Farm Institute (AFI).

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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