Plan for higher interest rates for longer and invest cautiously

Andrew Marshall
May 13 2024 - 7:07pm
Ord Minnett speakers at Beef Australia, head of asset allocation, Malcolm Wood, Sydney; Queensland state manager, David Lane, and head of debt capital markets, Andrew Gordon, Sydney.
Ord Minnett speakers at Beef Australia, head of asset allocation, Malcolm Wood, Sydney; Queensland state manager, David Lane, and head of debt capital markets, Andrew Gordon, Sydney.

Despite lingering hopes of interest rate cuts by year's end, farmers would be wise to plan for no change to current 12-year highs until 2025, and quite possibly another official rate rise to come.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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