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Rabobank Rolls Out World-First Virtual Rural Property Valuations Technology In Australia

Rabobank Rolls Out Virtual Rural Property Valuation

Field Notes, powered by KPMG, is a weekly news update on news nationally and globally from the agri-food sector.

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Ian Proudfoot

Global Head of Agribusiness, Partner - Audit

KPMG in New Zealand

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[29 July, Which-50]

Rabobank has released a technology that allows start-up Digital Agricultural Services (DAS) to provide virtual property valuations in Australia. The technology ‘The Rural Valuations Hub’ gives a detailed set of information to Rabobank for enabling a property appraisal. With 90% of their staff working from home over lockdown, the new digital service has been designed to improve the bank’s efficiency, while also providing a solution that may be scaled to other markets. 

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