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// ISSUE 03 · LIVE NOW
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// CURRENT ISSUE
ISSUE 03 / 2026-07-08
Kauri Dairy Holdings
AGRIBUSINESSSUCCESSION★★☆☆☆
THE REQUEST
ExistingNZ$13.0m term + seasonal
ProposedSplit + PG release
Decision byBefore calving (August)
A third-generation Waikato dairy operation. The 68-year-old patriarch is retiring, and the bank hears about the succession plan from the family's accountant first — a security reshuffle, a guarantee release, and two successor entities. Read the file. Make the call.
Open the case// FY25 SNAPSHOT
SOURCE: COMPANY-PREPARED · UNAUDITED · COMPOSITE CASE — FICTIONAL
PAYOUT
NZ$8.60
▲cycle high
DEBT / kgMS
NZ$21.0
▲median ~$19
DRAWINGS
+65%
▲in two years
INTEREST COVER
2.4×
▼at 6.5% avg rate
MILK SOLIDS
620k
▲kgMS, two farms
FIGURES ROUNDED · FY25 (FYE 2026-01-31) · COMPOSITE CASE — FICTIONAL
// FROM THE BOOK
How Bankers Think
Inside Commercial Banking's Hidden Curriculum
The way commercial bankers actually think — the temperament the interview is really testing, made explicit.
Commercial banking is defined less by technical content — learnable in a year — than by a specific way of looking at the world. Eight chapters and three appendices set out the frameworks senior bankers use and the dispositions they listen for.
BY MICHAEL SHANG · HIGHBANK PRESS
Paperback, ebook, and hardcover · First edition 2026 · 370 pages
// HOW IT WORKS
02
Make your call before seeing the editorial breakdown.
03
Compare your call with the senior banker's read each cycle.
// THE LAB
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