News | Technology
17 Oct 2019 14:29
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  •   Home > News > Technology

    Loaning money to private dairy company would set precedent

    Loaning money to a private hi-tech dairy company would set a precedent of the Crown as a lender of last resort


    It's been revealed Treasury advised deferring the decision to loan Westland Milk Products Limited 9.9 million from the Provincial Growth Fund.

    National's Regional Economic Development spokesperson Paul Goldsmith says the Government should have listened.

    He says private companies shunned by the banks will be lining up for soft loans.

    © 2019 Newstalk ZB, NZCity


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     02 Oct: Grandchildren might motivate older adult computer users - to get onboard with a new app
     27 Sep: National's defying Parliament's Speaker by refusing to take down from the Internet what Trevor Mallard says are attack ads
     25 Sep: Google says it's achieved 'quantum supremacy'. What does this actually mean?
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