Bankwest has lowest farm overdraft rates

Overdrafts to the agribusiness sector range up from Bankwest's lowest quoted 8.15pc to highs around 15pc with ANZ and the Bananacoast Credit Union.

In the overdraft stakes, Suncorp, NAB and Commonwealth have again cut their rates by 1.64pc, 0.2pc and 0.25pc respectively, but the Commonwealth Bank's 10.99pc charge is still among the most expensive on the radar.

Source: Stock & Land

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