Suncorp Bank delivers pre-festive cheer to agribusinesses

1 December 2014

The strength and future potential of Australia’s agricultural sector was a key focus at Suncorp Bank’s Agribusiness Dinner last week (27 November) at the Brisbane Convention and Exhibition Centre.

The evening event brought together more than 100 producers and agribusinesses from throughout Queensland and New South Wales, as well as key thought leaders and specialists from the agribusiness professional community.

Guests heard from Executive Chairman of Matrix Commodities, David Farley, who shared his expert knowledge on global commodities and provided his recommendations for success.

“Australian agriculture must reinvent and redesign its relationship with the urban democracy to ensure it has the support and respect of international Governments to operate and grow,” he said.

“Agriculturalists must accept and manage the challenges of Mother Nature and learn to expect the unexpected. You don’t know what you don’t know until you know it.

“The relationship between a bank and an agribusiness must be founded on accessibility and open lines of communication and mutually understood capital management plans.”

Suncorp Bank Chief Executive Officer, John Nesbitt, also took to the stage to deliver his views on the national economy, before reinforcing Suncorp Bank’s ongoing commitment to the agribusiness sector.

“We see the agricultural industry in Australia as having great prospects and we’re certainly committed to investing in the sector and supporting agribusinesses across the country,” Mr Nesbitt said.

“At Suncorp Bank, we are very proud of the role we play as a major provider of business services to the agricultural sector. Increasingly we see our role as more holistic than simply providing capital to businesses.

“For us, we don’t want to be simply known as a bank that just provides lending facilities. We want to be known as a bank that works with its customers to build their wealth and leave a legacy for the future.”

Suncorp Bank Head of Agribusiness, Danny Robinson, said the event gave producers and agribusinesses from across Queensland and New South Wales a unique opportunity to share invaluable insights and connect with industry specialists.

“It has been a challenging few years for many agribusinesses across the country, with mixed weather patterns and drier conditions and this event was designed to give our customers the opportunity to enjoy a nice evening with likeminded businesses and hear from high calibre speakers,” Mr Robinson said.

“Suncorp Bank has been supporting agribusinesses for more than 110 years. As Australia’s leading regional bank, we’re in a great position to be able to continue this support into the future.”

The evening concluded with a charity auction, which raised more than $2,500 for, a not-for-profit organisation aimed at delivering mental health services to young people. This was further bolstered by a $500 donation from Suncorp Bank’s Brighter Futures Program.




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About Suncorp:

Suncorp Group includes leading general insurance, banking, life insurance and superannuation brands in Australia and New Zealand. The Group has 14,500 employees and relationships with nine million customers. Suncorp Group Limited is a Top 15 ASX-listed company with $94 billion in assets. Suncorp Bank is Australia’s leading regional bank servicing more than one million personal, SME and agribusiness customers.