Talk Money: August 3, 2015

Talk Money
Talk Money

This week is shaping up as a very grim one for the dairy sector and the New Zealand economy.

Fonterra is expected to make a big cut to this season's forecast pay out to its farmers.

It's expected the forecast of $5.25 could be cut by at least one dollar.

Many farmers are already below break-even point and there are signs that the fall in rural confidence is starting to have an impact on farm sales.

Watch the video for the full Talk Money.