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ANZ announces drought assistance package for Northland
03 February 2017
ANZ announces drought assistance package for Northland farmers.
ANZ Bank today
announced it is providing an assistance package for
Northland farmers affected by this summer’s extreme dry
weather.
“This is the fifth drought in the last eight years for Northland, and while the recent boost in dairy payout has assisted cashflow, our priority is to make sure farmers can manage financially through this extreme weather event,” said Penny Ford, General Manager Auckland & Northland, Commercial & Agri.
The Government today declared a state of drought in Northland, which has had extremely low rainfall over the past six months, and no significant rain is forecast for the next month.
“Farmers and the local economy are directly feeling the effects of the drought,” Ford said. “And the impact on dairy and meat production will be felt right through the economy.”
“ANZ staff are working hard to assist our customers and communities where we can.”
ends
ANZ Bank New Zealand Limited
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We're passionate about helping our customers make their money work harder and equipping them to make better financial decisions. Whether it's travelling the world, buying a home, building a business, investing for the future or protecting their family's future, we use our financial strength and expertise to help make it happen.
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