Geraldton Express in Geraldton, Western Australia

Advances to Farmers under Agricultural Bank Act

Advances are made under section 28 of The Agricultural Bank Act. Applications may be for sums up to 500 pounds, with limits per borrower and per stock purchase. Mortgages and charges incur stamp duty and registration fees. repayments span up to 15 years for general advances and 7 years for stock loans, with 5 percent interest, payable semi-annually.