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NZ banks may punish non-compliant farmers

NZ banks may punish non-compliant farmers NZ Banks may turn off finance tap for non-compliant farmers Resistance Kiwi has been reliably informed that New Zealand’s leading banking institutions are considering options to “de-bank” farmers who fail to comply with environmental targets. At least one of New Zealand’s banks has emailed staff regarding plans to ‘off-board’ farmers not meeting environmental goals. While the staff member who blew the whistle on this action is reluctant to come forward publicly because they don’t want to risk losing their…

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