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Kiwifruit farmers unlikely to receive financial aid

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Kiwifruit farmers unlikely to receive financial aid

By: Katie Bradford-Crozier | Latest Political News | Thursday May 10 2012 15:36

 

Kiwifruit farmers look unlikely to get further financial aid from the Government as they try to deal with the Psa problem decimating vines and crops.

The industry is seeking support from the Government to guarantee bank lending as they take steps to deal with the problem.

Finance Minister Bill English says that's unlikely to happen.

"We've already put about 25 million into assisting the kiwifruit growers deal with Psa, it's unlikely we'll be offering them bank guarantees."

Photo: NZ Herald

 

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