CBA sees ag lending at record highs as farmers seek more gear and land

Andrew Marshall
May 5 2021 - 6:30am
Commonwealth Bank's agribusiness and regional banking executive general manager Grant Cairns at Beef Australia this week
Commonwealth Bank's agribusiness and regional banking executive general manager Grant Cairns at Beef Australia this week

Fast rising rural property values, record low interest rates and the federal government's instant asset depreciation write-offs have fuelled a farm sector buying spree not seen for years says the Commonwealth Bank of Australia.

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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