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Speaker 1: The Rural Report on Heather Duper see Allen Drave Heather.

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Speaker 2: A good question for someone who says they don't understand

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Speaker 2: is what would it be if you did understand? That's

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Speaker 2: a parent talking right now. I don't think do you

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Speaker 2: think Adrian is going to respond? It might actually respond

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Speaker 2: quite well to that, actually to a bit of parental discipline.

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Speaker 2: Six twenty four Jamie mckaye, Host of the Countries with US.

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Speaker 1: Now, Hey, Jamie, got I hear that Federated.

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Speaker 2: Farmer's happy with the scope of that banking inquiry.

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Speaker 1: Yeah, I think they're quite shafed. They've been pushing hard

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Speaker 1: for this one. They please the government and now announced

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Speaker 1: a wide ranging inquiry that will leave Heather the banks

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Speaker 1: with nowhere to hide. That's so, says Richard McIntyre, the

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Speaker 1: banking spokesperson who's been leading the charge on this. Look.

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Speaker 1: I've been calling They've been asking questions, serious questions about

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Speaker 1: the levels of competition, profitability and transparency in rural lending

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Speaker 1: for a long time now, and they want to shine

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Speaker 1: the light on parts of the rural banking system that

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Speaker 1: up until now have been allowed to operate in the shadows.

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Speaker 1: Richard's words, not mine, there again, I think one of

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Speaker 1: the key areas they want to have a closer look

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Speaker 1: at here. That is the impact. Yes, that the Reserve Bank,

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Speaker 1: that villain Adrian Or and his capital requirements around lending

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Speaker 1: to farmers, because you talk to the banks and they'll say, look,

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Speaker 1: we're being hamstrung by the Reserve Bank. We have to

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Speaker 1: hold more money against rural lending. That's why it's more

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Speaker 1: expensive than say, residential lending. So look at the submissions

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Speaker 1: closed in late September. Federated farmers are leading the charge

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Speaker 1: on this one, and I've been saying this for ages

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Speaker 1: that look, I'm not sure that the risk margin over

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Speaker 1: and above residential is worth is fair, And I would

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Speaker 1: say that the banks are subsidizing the very competitive residential

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Speaker 1: market heather by business and farming.

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Speaker 2: They're interesting. Hey, so you had labors Joe Luxton on

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Speaker 2: the show today. Let's have listened to what she said.

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Speaker 1: Joe, I've got to stop you.

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Speaker 2: That's very wishy washy.

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Speaker 1: Can I put it to you that you might have

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Speaker 1: of nine or twelve years to make up some agricultural

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Speaker 1: policy the way you're going. Ah, No, definitely not crystal Justice.

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Speaker 1: I disagree with you on that. One. Jamie, absolutely not.

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Speaker 1: You know, the way the current government's going, I wouldn't

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Speaker 1: be surprised to see ended up being a one term government.

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Speaker 2: I mean, obviously she would wish that was the case.

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Speaker 2: What do you make of her as the agricultural spokesperson.

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Speaker 1: Ah, Look, she has a consensus politician, unlike Damien who

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Speaker 1: loved to scrap Damien O'Connor. Of course, Look, the question

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Speaker 1: came about because I was reading a profile on her

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Speaker 1: in one of the farming papers, and she came out

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Speaker 1: and said, we don't have policy in the agricultural space

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Speaker 1: at the moment, and we've got time to develop the

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Speaker 1: policy over the next twelve months. And of course I

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Speaker 1: said you might have nine or twelve years to do that,

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Speaker 1: and she says, nah, Look, the disgovernment might be a

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Speaker 1: one term government. She's saying her focus is around building

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Speaker 1: relationship and listening to farmers and finding out what they

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Speaker 1: might want from us when we're next in government. Well,

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Speaker 1: i'll tell you what the far for the next government.

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Speaker 1: They don't want labor to be in it, let alone

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Speaker 1: the green source Capati.

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Speaker 2: Mari yep I hear, yeah, Hey, Jamie, thank you very much,

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Speaker 2: really appreciate your time, mate. This's Jamie McKay, Host of

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Speaker 2: the Country.

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Speaker 1: Here.

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Speaker 2: The steward is bang on Adrian fire hose the economy

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Speaker 2: in our banks with cheap money, and now he's trying

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Speaker 2: to cancel anyone who questions him. He's the worst Reserve

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Speaker 2: Bank governor and it needs to go. That's as that's

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Speaker 2: not as crazy and way out there as it sounds.

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Speaker 2: I was reading Michael Riddell's piece that he put on

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Speaker 2: his blog this morning on Croaking Cassandra. He is the

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Speaker 2: former Reserve Bank economist, so he knows what he's talking about,

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Speaker 2: and he's been employed by the place and he said

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Speaker 2: it was deeply, deeply disappointing that Adrian all was reappointed

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Speaker 2: as the Reserve Bank governor. So there you go. Listen.

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Speaker 2: I'll tell you what actually I want to get to

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Speaker 2: the rent controls. Rent controls has popped up in the

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Speaker 2: UK again, terrible idea. Will talk to you about that shortly.

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Speaker 2: Here's the third tip from from the Quantus pilot who

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Speaker 2: I was talking about. Before sanitation wipes, you need to

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Speaker 2: hear reckons get on a plane with like those little

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Speaker 2: wet wipes, but not like the not just the sort

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Speaker 2: of like the non bacterial ones. You know what I mean, like,

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Speaker 2: have some sanitation wipes, he says, because planes don't get

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Speaker 2: cleaned as much as you think between flights. The number

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Speaker 2: of germs on aeroplanes is disgusting. You should wipe your

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Speaker 2: trade table before you eat off it and sanitize your

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Speaker 2: hands regularly during the journey so you don't get sick.

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Speaker 2: So you go dress up, sanitize. What was the other one, Oh,

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Speaker 2: noise canceling headphones. See you go, Sam Dicky nex Shoo.

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Speaker 1: For more from Heather dupless Yellen Drive, listen live to

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Speaker 1: news talks he'd be from four pm weekdays, or follow

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Speaker 1: the podcast on iHeartRadio