Following recent comments from former ASIC chairman Tony D'Aloisio about the poor state of Australian agribusiness lending, Murray Goulburn Co-operative general manager Robert Poole has said that foreign capital would replace its domestic counterpart if Australian banks don't step up to the plate. He said that "a lot of the banks are still funding agriculture like they did in the 1950s and 60s, with 50 per cent equity and mums and dads borrowing money … that is, I think, going to rapidly change and I think the banks are going to be involved in that or they are not. Because the external capital is inevitably going to come".

Source: The Australian, August 21, 2013