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Speaker 1: Get your All Blacks jersey ready because Cadbury are taking

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Speaker 1: the Chair on tour Right now you could be in

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Speaker 1: to win a trip to join the All Blacks Northern Tour.

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Speaker 1: Picture yourself in the stands watching the All Blacks. How good?

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Speaker 1: There are two prize packs to be one each with

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Speaker 1: two tickets to the All Blacks Northern Tour games plus flights, transfers,

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Speaker 1: accommodation and meals included. Here's how to get in on

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Speaker 1: the action. Grab your favorite Cadbury confectionery treat, then sprint

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Speaker 1: over to Cadbury Chair on Tour dot co dot nz.

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Speaker 1: Fill out that entry form faster than an All Blacks

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Speaker 1: breakaway and you're in to win. So head out and

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Speaker 1: get your Cadbury fix and you could be on your

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Speaker 1: way to Rugby Heaven. This competitions RA eighteen in terms

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Speaker 1: and conditions do apply, so head over to Cadbury Chair

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Speaker 1: on Tour dot co dot nz to check them out. Now.

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Speaker 1: Who's ready to cheer on the All Blacks.

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Speaker 2: Whether it's Macro micro or just playing economics, It's all

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Speaker 2: on the Business Hour with Jack Team and my HR

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Speaker 2: the HR Solutions for busy SMS news talks.

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Speaker 1: We any six par six on newstalk. Z'd be Jamie McKay,

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Speaker 1: host of the Country, is with us this evening from

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Speaker 1: are very very damp the need and how are things Jamie.

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Speaker 3: Well, it's all right where I am, jack on top

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Speaker 3: of a hill but south of Need, and they're sandbagging

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Speaker 3: down on the flats there already the need and apparently

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Speaker 3: get something like fifty three mills of rain annually in October.

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Speaker 3: We've had that already in this talk of rain up

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Speaker 3: to fifty to one hundred miles, so goodness knows how

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Speaker 3: it's how we're going to get on because I think

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Speaker 3: the rain is forecast to be heavy right through until

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Speaker 3: about tomorrow night. So it's a red orange, a red warning,

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Speaker 3: should I say, the highest and Met Service can put

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Speaker 3: out there, and the authorities are just urging people to

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Speaker 3: stay at home and not to travel unless totally necessary.

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Speaker 1: Yeah, that's really important advice, and we're going to make

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Speaker 1: sure ourn newsroom updates people with the very latest from

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Speaker 1: Civil Defense and Met Service throughout the evening. So stay

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Speaker 1: safe if you're in one of the regions. Now, feed

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Speaker 1: farmers have got their banking inquiry.

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Speaker 3: Yes, well, they've in their recent submission to Parliament's Banking

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Speaker 3: Inquiry fed Farmers found that the one in five key

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Speaker 3: We farmers say their bank isn't allowing them to structure

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Speaker 3: their debt in the most interest efficient way. And this

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Speaker 3: comes from a big sample size too, Jack, I think

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Speaker 3: more than a thousand farmers came forward to share their frustration.

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Speaker 3: So in total, forty percent of farmers either find that

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Speaker 3: their debt structure is inefficient or aren't receiving enough information

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Speaker 3: from their banks to improve one of the real grips.

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Speaker 3: And I think this is a very fair gripe on

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Speaker 3: behalf of farmers and no doubt small business owners the

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Speaker 3: pressure farmers fail to use overdrafts to manage debt repayments

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Speaker 3: or fund capital projects tasks. Overdrafts were never intended for

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Speaker 3: overdrafts to design for managing seasonal cash flow, not to

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Speaker 3: burden farmers with higher interest debt. You know, many of

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Speaker 3: these farmers have stuck in overdraft facilities that never returned

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Speaker 3: to a positive balance. Obviously, you know, in a dairy

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Speaker 3: farming situation or something, Jack, you might want to be

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Speaker 3: an overdraft for four or five months of the year max.

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Speaker 3: So anyhow, overdrafts, say Federated farmers. Rich mcintires leading the

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Speaker 3: charts for them should be a tall not a trap

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Speaker 3: because those overdraft rates Jack are very very high eleven, twelve, thirteen, fourteen,

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Speaker 3: fifteen percent.

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Speaker 1: And Jamie, the Central North Island dairy company Meaducker has

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Speaker 1: updated its milk price forecast.

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Speaker 3: Yeah, well it's reporting season for the dairy company's Jack.

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Speaker 3: We've heard from recently in the past week from Fonterra

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Speaker 3: and similar it's the turn of Meeraca, which is a

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Speaker 3: very efficient little operation based out of Talpo. They've come

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Speaker 3: out with their forecast milk price for the season or

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Speaker 3: in at the moment twenty four to twenty five nine

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Speaker 3: dollars seventeen. Fonterra is currently sitting at nine dollars and

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Speaker 3: they finished last season twenty three twenty four at eight

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Speaker 3: bucks on the knows, so that was a way bit

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Speaker 3: better than Fonterra's seven dollars eighty three. So, you know, look,

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Speaker 3: challenging weather, but good times for the dairy industry.

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Speaker 1: Very good. Thanks, Jamie, really appreciate your time. That is

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Speaker 1: Host of the Country, Jamie Mackay.

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Speaker 2: news Talks they'd be from four pm weekdays, or follow

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