Dan Cummings - BNZ's First Farm Funding Boost eases pressure for new owners

“Success for us is: buying your first farm feels more achievable.”    Dan Cummings, Sector Lead - Agribusiness at BNZ, says that was front of mind when the BNZ Agri team set out to find where the banking sector was falling short of the next generation.    Under the scheme, an eligible first farm buyer borrowing more than $2 million could reduce borrowing costs by up to $40,000 over their first two seasons.   This podcast is solely for information purposes. It’s not financial or other professional advice. For help, please contact BNZ or your professional adviser. Opinions expressed are those of the speakers and not necessarily of BNZ. No party, including BNZ, is liable for direct or indirect loss or damage resulting from the content of this podcast.   Eligibility and lending criteria, T&Cs and fees apply. Deposit requirements assessed individually. First Farm Mentorship open to first dairy farm or herd owners only and has limited availability.   WANT TO LISTEN TO THE SHOW LIVE (11am-1pm NZST) ON THE GO? Download CountryWide Connect mobile app to stream the show via Apple Car Play or Android Auto. Or try the voice command ‘Play CountryWide Connect’ on Amazon Alexa or Google Home.   Apple: https://apps.apple.com/nz/app/countrywide-connect/id6761033881    Google Play: https://play.google.com/store/apps/details?id=nz.co.countrywide&hl=en_NZ&pli=1See omnystudio.com/listener for privacy information.