Ag lending hits $4.2b/month, but most farms cut debt or have none

Andrew Marshall
By Andrew Marshall
Updated July 4 2022 - 1:02pm, first published June 6 2022 - 7:30am
Hey big spenders - agribusiness borrowing tops $4b/month

Despite their numbers generally shrinking, farmers and other agribusinesses borrowed a record 29 per cent more in 2021 than the year prior.

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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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