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Dairy debt less of a concern to Reserve Bank as loans repaid with cream payouts

Dairy debt less of a concern to Reserve Bank as loans repaid with cream payouts
5 May, 2021 12:30 AM
4 minutes to read
Worrying national dairy sector debt level coming down. Photo / File
Reserve Bank concerns about dairy farming debt appear to have eased as milk prices remain robust and farmers pay down debt, but an industry stress test paints a grim picture if prices slide for an
extended time.
The Reserve Bank s latest financial stability report said while dairying s share of agriculture sector lending by banks remains considerable , it had declined from 69 per cent to 63 per cent in recent years.
With banks encouraging farmers to use current strong milk prices and low interest rates to pay down existing debt, and a falling number of farmers identified by banks as financially stressed, the dairy sector was building resilience, said the report. ....

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Prince Harry appears without Meghan at star-studded concert

Prince Harry appears without Meghan at star-studded concert
3 May, 2021 11:53 PM
6 minutes to read
Prince Harry, Duke of Sussex, speaks at Vax Live: The Concert to Reunite the World in Inglewood, California. Photo / AP
Prince Harry, Duke of Sussex, speaks at Vax Live: The Concert to Reunite the World in Inglewood, California. Photo / AP
news.com.au
By: Emma Reynolds
Prince Harry delivered a passionate speech in his first appearance since Prince Philip s funeral at the Vax Live concert in California - but pregnant wife Meghan was notably absent.
The Duke and Duchess of Sussex are campaign chairs for Global Citizen s Covid-19 vaccination campaign and had been billed to take the stage together to deliver an important global message for vaccine equity during the event . ....

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Woman appears in court after violent incident in Mid Canterbury

Woman appears in court after violent incident in Mid Canterbury
2 May, 2021 09:42 PM
Quick Read
A 24-year-old woman has appeared in court charged in relation to an incident that left a man with serious injuries yesterday.
Kiriana Toi Walker-Grace was arrested yesterday after the alleged violent attack in Methven, about an hour from Christchurch.
Walker-Grace was later taken into police custody in the Methven township.
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She appeared briefly before Judge John Brandts-Giesen in the Christchurch District Court this morning.
He remanded her in custody until her next court date on May 24.
Duty lawyer Andrew McKenzie said no application for bail would be made today. ....

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Welcome To IANS Live - NATION - Top ULFA-I leader killed, aide held by security forces in Assam

The Assam police chief said that the encounter between the security forces and the United Liberation Front of Asom-Independent took place at Besimari under Manikpur police station in Bongaigaon District early morning on Thursday. In a tweet Mahanta said: ....

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Seven appear in court on cocaine, P charges after North Island drug raids

Seven appear in court on cocaine, P charges after North Island drug raids
29 Apr, 2021 08:00 AM
3 minutes to read
Seven defendants appeared in the Tauranga District Court yesterday.
Seven people have appeared in court facing allegations by police they were part of a drug syndicate involved in importing hundreds of kilos of cocaine into New Zealand from Mexico.
The defendants appeared in the
Tauranga District Court on April 29, most via an audiovisual link from the Rotorua police custody remand hub.
They were among eight people arrested in raids by police and Customs staff around the North Island earlier in the day. ....

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