Commerce Commission dismisses Federated Farmers complaint regarding bank collusion
Monday 21 July 2025 · 2 outlets · 2 reports · updated In this story Commerce Commission, ANZ, United Nations, BNZ, Federated Farmers, Rabobank
The Commerce Commission has dismissed a complaint from Federated Farmers alleging that five banks were coordinating agricultural lending through the Net-Zero Banking Alliance. The Commission found no evidence of cartel-like behaviour regarding the banks' participation in the United Nations climate initiative.