BANKS are reassuring farmers who need to increase their debt that the global finance crisis has not change their lending policies.

ABC News reports that figures released by the Federal Government show the average farm debt in Australia has reached $700,000.

The Victorian Farmers Federation said it was important the global problems do not restrict producers' ability to borrow.

The Australian Bankers Association's Stephen Carroll told ABC News that at the moment it is business as usual for lenders.

"There's no trend to change current lending policies, the policies that have prevailed in recent times," he said.

Read more on ABC News.