{"id":56400,"date":"2014-02-07T15:12:40","date_gmt":"2014-02-07T05:12:40","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=56400"},"modified":"2020-09-04T10:32:31","modified_gmt":"2020-09-04T00:32:31","slug":"banks-told-be-patient","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2014\/02\/07\/banks-told-be-patient\/","title":{"rendered":"Banks Told ‘Be Patient’"},"content":{"rendered":"

\"\"<\/a>
Federal Member for Wide Bay Warren Truss<\/figcaption><\/figure>February 7, 2014<\/strong><\/p>\n

National Party MPs have appealed to banks to be “patient” with their farm customers and to stand by them during the current drought.<\/p>\n

Nationals leader Warren Truss was speaking after the first party room meeting for 2014, which was held in Bundaberg yesterday.<\/p>\n

\u201cMembers and Senators discussed organisational arrangements and the agenda-setting priorities for the year ahead,\u201d Mr Truss said.<\/p>\n

\u201cThe reviews undertaken in the first few months of government have revealed the true extent of the nation\u2019s financial difficulties and mounting debt. Getting the economy back under control will be our top priority and tough decisions will need to be made to bring the budget back into balance.<\/p>\n

\u201cBut, clearly, the issue of greatest concern today was the policy response to the current drought in parts of Queensland and NSW. Our party room members reported on the drought circumstances in their own electorates.<\/p>\n

\u201cSome regions are seeing total crop failures, while the absence of feed and surface water is creating a crisis for livestock producers.<\/p>\n

\u201cThe impact of the live cattle ban to Indonesia has exacerbated the difficulties confronted by beef producers, especially in the north.<\/p>\n

\u201cCattle in poor condition are almost impossible to sell and many farmers and graziers face serious debt situations.<\/p>\n

\u201cLack of income in the farm sector is being felt in country towns and regional businesses who report declining sales, growing debts and reduced profitability.\u201d<\/p>\n

Mr Truss appealed to the banks to be patient with their farm customers.<\/p>\n

\u201cThe banks have done well from the farm sector in good times, so they must now stand by their rural customers when they need a helping hand,\u201d he said.<\/p>\n

\u201cMany farmers will require assistance to get through this drought.<\/p>\n

\u201cAccess to welfare payments to enable farmers to put food on the table for their families is essential. However, more will be needed.<\/p>\n

\u201cOur meeting canvassed a range of assistance options to help farmers get through these difficult times.<\/p>\n

\u201cAgriculture Minister Barnaby Joyce has undertaken to further develop these options as part of a comprehensive drought assistance package.<\/p>\n

\u201cThis is a natural disaster of major proportions and it will require governments to respond as they do for other natural disasters like floods, fires and cyclones.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

National Party MPs have appealed to banks to be “patient” with their farm customers and to stand by them during the current drought.<\/p>\n","protected":false},"author":20,"featured_media":4724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,36],"tags":[1134],"yoast_head":"\nBanks Told 'Be Patient' - southburnett.com.au<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2014\/02\/07\/banks-told-be-patient\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks Told 'Be Patient' - southburnett.com.au\" \/>\n<meta property=\"og:description\" content=\"National Party MPs have appealed to banks to be "patient" with their farm customers and to stand by them during the current drought.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/southburnett.com.au\/news2\/2014\/02\/07\/banks-told-be-patient\/\" \/>\n<meta property=\"og:site_name\" content=\"southburnett.com.au\" \/>\n<meta property=\"article:published_time\" content=\"2014-02-07T05:12:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-04T00:32:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/06\/warrentruss2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"220\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anne Miller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anne Miller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/southburnett.com.au\/news2\/2014\/02\/07\/banks-told-be-patient\/\",\"url\":\"https:\/\/southburnett.com.au\/news2\/2014\/02\/07\/banks-told-be-patient\/\",\"name\":\"Banks Told 'Be Patient' - 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