What is the Agricultural Bank?
A Government Bank institution established, primarily, for the purpose of assisting new settlers and also agriculturists and graziers, to whom it makes advances on the security of freeholds, licenses, and leases from the Crown, for the purpose of making improvements on the land or for paying off liabilities, at 5 per cent. per annum, repayable in twenty-five years or at any time at the option of the borrower.