Elders - Rural Bank helping farmers plan for the future - Elders Rural Services

Elders – Rural Bank helping farmers plan for the future

Primary production land values across the country have been making headlines for some time now, with high transaction volumes and prices.

Elders general manager real estate Tom Russo describes rocketing farm values as “a perfect storm with a combination of record low interest rates, favourable seasonal conditions and an exciting outlook for Australian soft commodities.”

An improvement in farm values and commodity prices presents growers with an opportunity to review their finances, to assess if they are suitable for their farm business needs and plan for the future. Through Elders’ relationship with Rural Bank, agri finance managers offer tailored banking solutions  allowing farmers to prepare for expansion or improvement, along with operational and seasonal finance.

Rural Bank offers each of its customers access to dedicated relationship managers, who are located in Elders branches across regional Australia.

Gabby Redpath is one such relationship manager, who has served banking customers and farmers across south west Victoria for the past four years. Gabby travels across south west Victoria to visit customers on farm and in Elders branches from Hamilton, Casterton, Camperdown, Warrnambool and Mortlake.

Gabby describes south west Victoria as being highly reliable farming country. Great rainfall has paved the way for a typical Western District winter.

Gabby says the best thing about the role is the people.

“I love working with Australian farmers and dealing with everyone else that is lucky enough to serve the agricultural industry – agronomists, stock agents, advisors, wool buyers, the works!” she says.

I feel particularly lucky to partner with Elders … you simply can’t beat it. I hear the seasonal outlook and market movements across all commodities direct from our local specialists every day.

Rural Bank funding is exclusive to farmers, which facilitates Gabby’s love for being entrenched in the industry, community and the Elders network. Gabby particularly enjoys attending local events, field days, land auctions and saleyards.

This deep understanding of farmers and their fluctuating business requirements enables her to provide timely, tailored financial solutions.

Gabby’s enthusiasm and interest in her customers’ farm businesses is what drives her delivery of customer service and outcomes. She attributes the key to successful service as being her relationship with her customers.

“Transparent, honest relationships between me and my clients allow for great outcomes for the bank and the customer.”

Elders, through our relationship with Rural Bank offer a range of products including loans, deposits and Farm Management Deposits.

Header image: Gabby Redpath and Fiona Whale of Rural Bank admiring the dogs at a dog trial.

To speak with an Agri Finance Manager contact your local branch or call 1300 618 367

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Disclaimer: This information has been prepared without taking into account your personal circumstances, objectives, financial situation or needs. For farm management deposits special legislative requirements must be adhered to and you should consult your taxation advisor before making a decision to invest in a farm management deposit. Terms, conditions, fees and charges apply. All loans subject to Rural Bank’s normal lending criteria, fees and charges apply. Full details are available on application by phoning the Rural Bank Customer Service Team on 1300 660 115 or online at www.ruralbank.com.au or by visiting your local branch. All information is subject to change. Rural Bank products are issued Rural Bank – A Division of Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL/Australian Credit Licence 237879 and distributed by Elders Rural Services Australia Limited ABN 72 004 045 121 AFSL 237757.