Category Archives: Banking Royal Commission

Extend the Banking Royal Commission Event Aug 14

Senator Fraser Anning, Katters Australian Party is pushing to have the Bank Inquiry extended to give farmers dispossessed by avaricious banks a fair go

Its just Two weeks until 14th August – “Extend The Banking Royal Commission Event” by Senator Fraser Anning

Parliament House Canberra 9.30 am start.

(Please forward this to  your friends, supporters and other bank victims / survivors)

Hi Readers, The news is that

  • Several speakers at the event have been giving their stories to the Media. You might read them this coming week. (Tristan Chapman, David Gilham are in the SMH, Tanya Hargraves on ABC TV (see her summarised story below)
  • Michael Sanderson 0421176997 michael@oits.com.au and Craig Caulfield landofgold@yahoo.com.au can assist you finding rooms to share with others to make accommodation cheaper ($50 / night) if you contact them soon.
  • Many people from WA & Qld are making the trip.
  • If you cannot attend the event but want to, please email me asap so we can list the apologies on the screen prior to it starting.
  • There are at least three people who want to get to Canberra but are strapped for the funds.
  • If anyone can assist someone with making the trip to Canberra, please notify  me 0435423636  so I can put you in touch with them.

Senator Fraser Anning, KAP, pushes to have the Bank Inquiry extended to give farmers a fair go

1)   How to assist the event and make it a success

  • This event may be the last really good chance to influence the Royal commission  to do it`s job properly
  • As well as encouraging as many Victims/ survivors to attend, please encourage family & friends to attend in support
  • The room can hold 300 plus standing room around the edge of the room.
  • As well as attending the event, Please start making appointments to meet your local member and your state senators in Canberra on 13th, 14th or 15th Aug  to inform them you want the royal commission extended. Their office numbers are on the web.
  • Ask/arm twist etc your Local member / senators to hear the event from 9.30 am to 11 am on Tuesday 14th Aug in Parliament house in the main committee room
  • Put messages on face book, twitter, web sites,  talk to media to attend the event.  The schedule for the “Extend the Banking Royal Commission Event” is •   Tues Aug 14th 8.30 am – 9.15 am suggesting those attending should arrive at Parliament House and go to Main Committee room on level 1•   9.30 am Senator Fraser Anning welcomes guests etc•   10:35 – 11:05 am  Media asks the speakers and Fraser questions about why the royal commission should be extended•   Suggest all visitors go to lunch  11:30 am – 12.30 pm
  • •   11: 20 am room begins emptying
  • •   9:35  – 10.35 am interviews conducted to a sharp timetable ( each speakers story will be edited down to a number of dot points to go on the screen so audience can read that while each speaker is interviewed)
  • (Speakers will need to assemble inside the main Marble entrance at 9 am and be escorted to the Committee room – so they don’t get lost)
  • •   Mon Aug 13th  6 pm at Forrest hotel (30 National Circuit) rehearsal for the Event the next day (speakers need to attend this)

Other events that visitors could  attend in the Senate in the afternoon  might include

  • 2.30 pm? – Reintroduction of the motion to Extend the Royal Commission by Senator Fraser Anning in Senate
  • 5 pm     – Senator Anning`s Maiden Speech?
  • After Speech party at 6 pm (free drinks and food)
  • Paul Herman wants to get a team to visit several Ministers and Senators

He is looking for people affected by

  • Predatory Lending,
  • Loan Application Fraud,
  • who have been unable to meet mortgage payments,
  • who have lost their home,
  • or been bankrupted or liquidated.

He wants to coordinate meetings and have a number of people with him

To join him, contact Paul Herman 0408 332 057

We (organisers) believe the success of the event will rely on a combined effort – Here are some ways others will evaluate the effort

All the Best

Leon Ashby

Advisor to Senator Fraser Anning

0435423636

 

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Royal Commission into corrupt banks a ‘toothless pussycat’ – Katter

Suicide watch for hundreds of ailing farmers

27 June 2018: KAP Leader and Federal Member for Kennedy Bob Katter is not giving up on his steadfast campaign to get decent banking services and a fairer financial system for all Australians, especially rural communities. Mr Katter came out swinging in Parliament today and used Question Time to ask the Treasurer about the scope of the Royal Commission.

Mr Katter’s question follows his attendance at the farm finance hearings in Brisbane yesterday to support Aussie farmers whose lives have been profoundly impacted by unethical banking practices. Mr Katter left the hearing feeling deeply frustrated that the Royal Commission isn’t going far enough and might end up being a ‘toothless pussycat’ because the watered down terms of reference set by the Government mean a solid outcome is highly unlikely.

Yesterday, Mr Katter politely asked Commissioner Kenneth Hayne:

Are we going to address why these things happened and what we can do about it to improve it in the future? Is the commission going to address those issues? at

At he Royal Commission into Banks at the Brisbane hearing, Bob Katter takes them on with a bill to separate their speculative activities from genuine lending. The Inquiry allocated only four days to hear from five farmers which Katter said was outrageous. There have been thousands of submissions from farmers Australia-wide who are committing suicide because of foreclosures. 

And today, Mr Katter followed up the fight by asking the Treasurer:

In Australia where only two entities buy and sell food.

In a world where 41% of farm income is from Government the removal of collective bargaining and all tariff/subsidy yarded Australian farmers for butchering by the banks. Can you assure the house that the Royal Commission will include the ‘carrion’ – the receivers and ‘address’ the issue of a Reconstruction Bank, enabling farmers to ride the roller coaster of supply and demand?

It won’t remove the truncating by taxes of the ‘ups’ but it will at least stop the banks from “elongating the downs” with a continuous imposition of discretionary punitive charges.

Yesterday, Mr Katter stood beside a group of aggrieved and enraged farmers at a press conference outside the Commission and he will continue to advocate for these hardworking people.

“Most of the mob around me has been fighting for this for five or six years. And the fact that the banks were able to set up the Royal Commission, and not we the people, it is frustrating for us. We are seeing all the pain and horror filtered through the forensic process.

“The hide of this business, we are averaging one suicide every two weeks – and no one cared about us, no one did anything about it – and it continues today with one farmer doing away with himself every five or six days in Australia.

“Of course the banks will just go back to where they were before. They are under commercial pressures to compete against each other.

“These are people (the farmers) that have been on the land for generations and generations – they are not out for a big quid – they have fought a thousand elements and survived – but they can’t survive with the cards that have been dealt to them. We hope this Commission gives us the leverage we need to get a restoration of the Reconstruction Banks – to keep the other banks honest.

“We are now playing rugby league without a referee and the people of Australia are disgusted.”

Shortly after the press conference, Mr Hayne announced that the scheduled hearings on natural disaster insurance would be delayed to allow more time to examine farming finance.

For more information or a comment from Bob Katter please contact the media phone: 0418 840 243

Further background information

The Treasurer responded by stating:

I thank the member for his question and his passionate interest in these topics. Can I assure him that the terms of reference would catch liquidators, to the extent that they were operating on behalf of a financial services entity—for example, a receiver—as defined in the letters patent. The constitution has an insolvency head of power which would likely enable the commission to use its coercive powers to obtain evidence from liquidators. In looking at the conduct of liquidators, the commission may also seek to investigate other appointments, such as forensic investigators, accountants or valuers, which are often part of the receivership process, as the member would be aware. Referring to registered liquidators or receivers would single them out from the wide category of services—for example, accounts and orders that are similarly captured—and it may be inferred by some that other similar services are not included.

Rural debt was around $71.6 billion as at 30 June of 2017, and 96 per cent of that debt is held by the banks. Our agricultural sector exports are some $51.6 billion. Seventy per cent of Australian farm business is in grain, beef and sheep. It’s also important to note, as the member would also be keenly aware, that these farm businesses typically have a turnover of less than $10 million.

What the royal commission has been tasked to do is look at all of these matters I’ve referred to. I’m not going to prejudge—I’m sure the member wouldn’t expect me to—the findings and recommendations of the royal commission. He’s unconstrained in that matter and in relation to the specific issues he’s raised and the proposals that he’s put forward here. I understand he’s ventilated at the commission itself. He will have the opportunity to respond to that and make such recommendations to the government as are appropriate.

The Treasurer’s response indicates that the Royal Commission terms of reference will look at receivers but this seems to be at odds with what the counsel assisting Rowena Orr told the Commission on Monday 25th June:

The conduct of receivers does not fall within the terms of reference of this Royal Commission, because receivers do not fall within any of the categories within the definition of a financial services entity. Most relevantly, for present purposes, a receiver cannot be considered to be a person or entity that acts or holds itself out as acting as an intermediary between borrowers and lenders. This is because, while receivers are appointed by a bank, they are generally stipulated to be an agent of the borrower and they are separate to a separate and distinct regulatory regime under chapter 5 of the Corporations Act. As such, the conduct of receivers is not within our terms of reference and will not be examined in these hearings.

Katter introduces a bill to clean up the banks

from CEC

The federal Member for Kennedy Bob Katter on June 25 introduced a private member’s bill into the Australian Parliament to protect the economy and bank customers from dangerous financial speculation and predatory banking.

The Banking System Reform (Separation of Banks) Bill 2018 is based on the USA’s successful Glass-Steagall Act. It will separate Australia’s commercial banks, which hold deposits, from risky investment banking, as well as other financial services that Australia’s banks have acquired in recent decades, including insurance, superannuation, wealth management, and stock broking.

The ongoing Financial Services Royal Commission, which Bob Katter led the political fight to establish, has laid bare the predatory banking practices that the bill will end. The revelations from the royal commission have been so dramatic that it has attracted global attention, and kindled fear in the City of London that Australia’s inquiry could lead to a renewed push to break up Britain’s too-big-to-fail banks.

Katter excoriated Australian banking in a passionate speech introducing his bill. “The situation in Australia is ugly and it is evil”, he said, “and this legislation is needed to overcome those problems and what effectively it says is—‘Mr Banks you are no longer out there in the market, in the arena buying and selling. Your job is to loan to people that buy and sell, develop and invest. You don’t do that, you judge them.’”

The people’s campaigner to clean up the banking industry is Bob Katter, Federal Member for Kennedy, an electorate three times the size of Tasmania which runs much of Australia’s cattle and sheep herds.
Katter has introduced a bill into parliament to separate banks’ speculative activities.

Aside from the conflicts of interests in banking, Katter’s chief concern in moving Glass-Steagall is for the looming financial crisis arising from the banks’ speculation in real estate and derivatives. He identified the reckless speculation threatening the financial system today was also the cause of the 1929 crash, which led to the passage of the Glass-Steagall Act in 1933.

“What we’re talking about here is derivatives: when you don’t buy a loaf of bread; you buy a contract to buy a loaf of bread”, he said. “That is what we call a derivative.

“Glass-Steagall came in and it overcame the vast bulk of those problems so that the American economy ran fairly effectively, making it three, four, five times the size of any other economy on earth, until Mr Bill Clinton, ‘Mr Free Markets’ himself. … In 1999, he abolished the Glass-Steagall Act. Within two years, the dot-com collapse occurred, taking down trillions of dollars of savings, superannuation and retirement moneys of Americans and the rest of the world, and in 2008, as we’re all familiar with, came the GFC.

“Clearly, that timeline indicates the necessity for Glass-Steagall legislation in this place.”

The most immediate danger for Australia, Katter emphasised, is from the bubble in the real estate market.

“The housing boom in Australia today—does anyone seriously think that we are not sitting on the brink of disaster?” he warned. “A quarter of Australia’s population, maybe a third, live in Newcastle, Sydney and Wollongong. The average price of a house is over $800,000. That means that 50 per cent of the houses are over that value. Yet the average income for an Australian after tax is about 50 grand a year [$50,000]. So how are they going to make the repayments on a house? And yet they’re buying houses. The banks are financing them. The banks make money when you go broke and they sell the house out from under you. They don’t lose money; they make money out of what has occurred. They should be held responsible.

“I would love to be in a business that is guaranteed by the government”, he continued. “If I buy a corner store and I know that, if I go broke, the government’s going to give me the money, everyone will be buying corner stores in Australia. They are given this, but there is no responsibility placed upon their shoulders to act in a prudential manner.”

Katter singled out the team of people responsible for organising the bill, including Robert Barwick, Dr Wilson Sy, and Bob Butler. Sy is the former principal researcher at bank regulator APRA (Australian Prudential Regulation Authority). Barwick and Butler are representatives of the Citizens Electoral Council, which has led a nine-year campaign to get Glass-Steagall legislation enacted in Australia.

It is significant that on the same day as Bob Katter introduced his bill, Australia’s biggest bank CBA announced it was demerging from its wealth management businesses, as if to send the message that Glass-Steagall legislation is unnecessary because the banks are doing it voluntarily. On closer examination, however, CBA is not completely demerging from other services, and along with the other big banks it is continuing to speculate in dangerous derivatives and other forms of financial gambling. Only a strict Glass-Steagall law will end these practices, which is the intention of the Katter bill.

As a private member’s bill, Katter’s Separation of Banks Bill 2018 will only be debated if a majority of members of parliament agree to do so, which will require the support of one or the other major party. Ordinarily, the governing Liberal Party would be expected to protect the banks, but many Liberal politicians are shocked by the revelations of the royal commission and are concerned about a financial crash. And what about the Labor Party—will it block or delay Glass-Steagall the way it blocked the banking royal commission for six years, or return to its roots as champions of working people against the Money Power? It will be up to the Australian people to demand the major parties stop protecting the banks, and allow a debate and vote on Glass-Steagall.

Ruthless bank receivers Ferrier Hodgson dodge a silver bullet – for now

from ABC

The behaviour of receivers will not be investigated by the banking royal commission, despite a witness accusing them of causing a “massive destruction of value” for farm businesses.

In the opening address of the round four hearings, counsel assisting Rowena Orr announced the commission would not asses the role of receivers in farm foreclosures because it was not in the terms of reference.

“The conduct of receivers does not fall within the terms of reference of this royal commission because receivers do not fall within any of the categories within the definition of a financial services entity,” she said.

“A receiver cannot be considered to be a person or entity that acts or holds itself out as acting as an intermediary between borrowers and lenders.”

Seven carloads of armed enforcers and two carloads of Rabobank’s dodgy receivers, Ferrier Hodgson, arrive at the Bradshaw cattle property at Pentland in 2016 to drag off Neil Bradshaw, 29, in handcuffs. The show of force was endemic in dozens of rural foreclosures in Queensland.

Farmers in attendance, many of whom had travelled from interstate, were visibly upset with the announcement.

Farmers in the audience applauded witness Chris Wheatcroft, from Rural Financial Counsellors WA, who appealed to the commissioner to reconsider.

Mr Wheatcroft accused receivers of wasting farmers’ money when they took over a property and managed it until a buyer could be found.

“It is a massive destruction of value and that sits deeply with people,” he said.

“I wonder if the commission could look at [the reasons] why receivers are put in, as opposed to the practice of receivership.

“There is nowhere to go once receivers are in, and in terms of values, farmers will see their hard-earned money-farm-asset disappear under a receiver like you’ve never seen,” he said.

“They would perceive the money as absolutely wasted and I would be hard pressed — with my background from farming or business management — to say that is not correct”.

Merchant banker PM Malcolm Turnbull ensured the Claytons Royal Commission into Banking would not cross-examine ruthless bank receivers whose actions cost agriculture a loss of tens of millions of dollars. Seven carloads of enforcers swoop on the Bradshaw property to evict an elderly Mrs Bradshaw and her son. Dispossessed farmers have advised sooner or later rogue receivers will get their just desserts.

Mr Wheatcroft also said the receivership process was not good for anyone involved — farmers or banks.

“The act of putting in a receiver never benefits the client, I categorically say that,” he said.

“I actually think in most cases it doesn’t benefit the bank [either].”

Dennis McMahon from Legal Aid Queensland, who also gave evidence at the royal commission, said farmers were often too stressed to engage with receivers, and might not be aware of the trouble they were in.

“Some of those people may have been through years and years of drought or had to destroy all their livestock, so they may not have any income for the foreseeable future,” he said.

“I’ve been to properties where there is three months’ worth of mailing sitting in the corner and they [farmers] are unable to open it.

“The bank manager complains that person isn’t responding to their requests for information, but those people are sick, they are suffering from depression.

“They need a lot of assistance and time to work through their problems, and don’t know who to go to.”

Ms Orr said the Commonwealth Bank told the commission it took enforcement action against 82 agriculture customers in the past decade, while ANZ said it took enforcement action on 30 farm businesses in the last four years.

Calls for receivership reform

New South Wales National Party senator John Williams, who agitated for a royal commission into the banks, said he was disappointed the behaviour of receivers would not be probed.

However, he said hoped banks were now reconsidering their reliance on insolvency practitioners in future, arguing the process was too stressful for family-run farms.

“I’m disappointed, but it’s not for me to direct the royal commission,” he said.

“The Government set the terms of refence, but that doesn’t stop us in Government working with banks to get things changed.

“I’ve said to banks and the Australian Bankers Association, ‘please do not send receivers into family farms’. It’s all good to send them into corporate farms because the management is retained.

“So even if the royal commission isn’t looking into it, I hope banks don’t send receivers into family farms.”

In 2017, the Select Committee on Primary Production Lending recommended the Australian Bankers Association revise the Code of Banking Practice to stipulate that if farmers and banks cannot come to an agreement and foreclosure is inevitable, receivers should not be appointed.

The committee also recommended the farmer and his or her family be allowed to stay on the property and manage it, while being paid the minimum wage, until it is sold.

It also recommended insolvency practitioners be more transparent by providing an estimate of receivership costs in advance, and monthly reports to the lender and the borrower afterwards.

“A key problem we found [in that inquiry] was with receivers when they ran the farm — the cost of running them [was high], we had evidence of farms for what I considered to be sold for far below their value,” Senator Williams said.

“I’ve seen some situations where sometimes it’s not done well and it’s an utter disgrace how receivers manage the livestock and the property.

“Farmers need to be treated with respect and dignity, and sending in receivers is too hard and there’s a huge cost they charge, which means less money for the banks anyway, so it’s better for banks to work with farmers on an exit plan.”

Senator Williams said he hoped the royal commission’s failure to probe receivers would lead to a renewed push for a national farm debt mediation scheme, where banks would be forced to offer mediation to farmers before foreclosing on them.

Currently only New South Wales, Victoria and Queensland have legislated farm debt mediation schemes in place, while South Australia has a voluntary one.

Ms Orr said “several” financial service entities had told the royal commission “they would support a uniform farm debt mediation act”.

Receivers Korda Mentha

In one case at Charters Towers in 2015 receivers Korda Mentha allowed at least 500 head of cattle to perish because the owners were not allowed to shift the cattle to agistment and the receivers had provided no money to feed them.

In this case Mr Bradshaw said Rabobank demanded the Bradshaw family pay the entire debt “straight away.”

“They are trying to get their hands on Ballabay Station(Pentland) too, so my parents have worked for a lifetime for nothing,” he said.

The then Member for Dalrymple Shane Knuth of Katters Australia Party has been following the case and is critical of the legal system that allows such travesties to occur.

“These people have committed no crime and contributed so much to their community over many years,” Mr Knuth said.

“They have been heavily involved in Landcare and supporting the beef industry. It is not their fault they copped five years of drought and a government enforced live cattle export ban.

“It will take them up to five years to recover from this drought.

“This episode demonstrates a clear demand for a Royal Commission into banking.”

Prophetic words from Mr Knuth in 2016.

High Court ruling paves way for Culleton and others to be re-instated to the senate

West Australian Senator in exile, ‘bank basher’ Rodney Culleton is expecting to be re-instated to the senate after the High Court delivered a fatal blow to the long-running ANZ Bank campaign to destroy his career and livelihood

A unanimous decision handed down on March 21, 2018, Alley-v-Gillespie, paves the way for the senate to re-install senators Bob Day and Rod Culleton, however it could have further far-reaching ramifications for other senators removed under s44 of the Commonwealth Constitution.

In essence the HCA has ruled it cannot decide on a question of disqualification or vacancy without first empowering the House under s22  and s47 challenging any question under s44 of the Constitution which states any question of eligibility for an elected candidate to the Upper or Lower House can only be decided by the respective House of Parliament.

Perth businessman and Liberal Dick Lester allegedly under instruction from the ANZ Bank pursued Senator Rod Culleton through the courts spending $1.6 million trying to recover an alleged debt of $200,000

Culleton has maintained this argument ever since Judge Barker of the Federal Court in 2016 found Culleton bankrupt because a proposed land deal between himself and Perth businessman and leading Liberal Dick Lester had turned sour.

Lester was reported as spending $1.6 million with Perth law firm King Wood Malleson chasing an alleged

debt of $200,000.

Culleton alleges the law firm and Lester were acting on instructions from the ANZ Bank because he had challenged the ANZ Bank’s bona fides over bank foreclosures through the senate.

Two solicitors, Michael Lundberg and Adam Rompopis  who were leading the Culleton offensive, have since departed the firm.

To add insult to injury in June last year, the Federal Government pursued Culleton for $712,000 in expenses and wages incurred while his senate office was in operation.

It was a first ever demand for office expenses by government against a former Member.

On March 7 the Finance Minister Mathias Cormann wrote to Culleton stating he had forgiven the office bill. Culleton said he refused the offer because legally, he remained a senator.

Former Senator Rod Culleton warned of a massive Constitutional correction 18 months ago and it has just arrived with the High Court handing the eligibility of Members or senators over to either House

“I did not accept Cormann’s waiver of the debt because I was unlawfully removed from the senate,” Mr Culleton said.

“After the s47 ruling on March 21 I informed the senate President he must recall the senate to deal with the matter of my disqualification which will have implications for other senators who were also disqualified by the High Court.

“All facts must be debated in the House and questions of disqualification or vacancies must be dealt with by the House.

“My argument regarding s47 has never changed and I put the President on notice last week the ‘surrogate’ senators not elected by the people are only filling the void created by the High Court sitting as the Court of Disputed Returns.

“They should pack up and go home. The whole senate has been brought into disrepute by former Liberal Attorney General George Brandis and former President Stephen Parry when Brandis withheld the statement of agreed facts from the senate.

“The new president must recall the senate and deal with the matters.”

The extract below is from a story published by Cairns News on March 8, 2017:

A single judge of The High Court of Australia, on March 2, 2017 struck out Culleton’s appeal against bankruptcy, previously handed down by the Full Bench of the Federal Court.

“I am outraged and disappointed Justice Patrick Keane of the High Court did not ever read my written submissions yet he handed down his finding in spite of me asking for more time to prepare,” Mr Culleton said.

Coincidentally, March 2, 2017 was the 12 month anniversary when he was convicted of larceny in absentia in the Armidale Magistrates Court over the disappearance of a truck key worth $7.50, a charge for which he would not ever have been jailed.

“My counsel clearly told Justice Keane that the High Court did not have jurisdiction to deal with my position in the senate,” he said.

“Counsel told the court only the senate could deal with it and Justice Keane only had to read Section 47 of the Constitution which says any question over the qualification of a senator or a member of either House, ‘….shall be determined by the House in which the question arises.’

High Court Chief Justice Susan Kiefel backed by a unanimous decision on March 21, 2018 handed over the eligibility of members of Parliament to the respective Houses, the basis of Culleton’s argument since he was disqualified from the senate

“The High Court says it gets its power from the unlawful Australia Act 1986 which was introduced two years after a referendum of Australian people said they did not want the Commonwealth to give its powers to the States.

“This referendum failed but here we have the High Court using powers the states should not have such as the denial of juries.”

Lower House supporter Katter’s comments from January 19, 2017.

KAP Federal Member for Kennedy, Bob Katter who had formed an alliance with Senator Culleton because of his effective attack against unlawful bank foreclosures, waded into the fray last year.

“The more we become aware what has been done to Senator Culleton the more clear it becomes that the Liberal Party counts on the vote of One Nation,” Mr Katter said.

“This morning in the Perth Federal Court, Senator Rod Culleton was granted his right to have an Appeal heard on his bankruptcy ruling.

“The Senator’s Appeal application was a live matter last week when the Senate President removed Senator Culleton from his elected seat in the Senate on the basis of Senator Culleton’s bankruptcy declaration being finally determined, which at the time — it was not.

“Whilst One Nation may have started off the ‘Killing of Culleton’, it is most certainly the Liberal Party who are trying to finish the job.  The Liberals are doing exactly the same job on Senator Culleton that they did on Pauline Hanson herself. I was always appalled with what they did to her and publicly said so on numerous occasions. However, it is hard to feel sorry for her now.

“It’s becoming clear now that the Liberals with the support of One Nation moved at lightning speed to bankrupt Senator Culleton and in my opinion, stand him down from the Senate.

“On the issue of bankruptcy, the Liberal W.A Government gets to make the decision (in cahoots with One Nation).

“If Senator Culleton is thrown out over the loss of a $7 key then the Liberals and One Nation do not get to choose his replacement. It goes to the number 2 on the ballot who is a One Nation True Believer, not of the new, ‘James Ashby (Liberal) One Nation’ that we see today.”

On March 8, 2017, Culleton warned of the looming “biggest Constitutional correction since federation.” It has occurred.

If you have been done over by the banks you must attend this Royal Commission seminar

Townsville Seminar Thursday 1st and Friday 2nd of February 2018

 9.00am to 5.00pm

Grand Chancellor Hotel Townsville

For all Farmers, Rural Small Businesses and Home owners

Speakers Senator Fraser Anning, Don Bundesen, Leon Ashby (Chairman),

Andy McLaughlin, Stewart Jensen and one or two more speakers sharing their stories.

This Townsville Seminar is a follow up to the previous Seminar held on Wednesday the 13th of December 2017,

The above speakers want to support, and assist  farmers, small business owners & residential owners  with their complaints against  Banks, Lenders, Advisers, Solicitors, Valuers, Agents and Receivers to help prepare their submissions  and position paper  so they can be submitted  to the Banking Royal Commission.  

  • A print out of the Seminars notes will be available on the Friday.

 

Agenda

Thursday 1st Feb.  from 9 am onwards (appointments preferred)

 A workshop on how to prepare your submission (for those wanting to be walked through the process)

  • Getting your argument together in a minimal summary (1 – 4 pages)
  • copies of documents  to support your case –  which ones & why
  • Position paper – what it is & how to do it
  • What not to do
  • bookings , –  e-mail  Leon Ashby,  (advisor to Senator Fraser Anning) Leon.N.Ashby@aph.gov.au , 0435423636, or Andy McLaughlin Senior Rural Consultant & Mediator amcl3801@bigpond.net.au

 

Friday 2nd Feb,  9 am to 5 pm

 Senator Fraser Anning, Welcoming guests and speakers

 Opening address by the Chairman Leon Ashby

  • Craig Caulfield’s story
  • What has been learnt about banks so far
  • The outcome of the Senate Inquiry into Rural banking

Mr Don Bundesen:  lawyer options, opportunities with  the Royal Commission

Morning tea 20 minute break

 Senator Fraser Anning – government assistance and grants to keep you trading

 Andy McLaughlin negotiating with your bank

 Lunch 45 minutes

Stewart Jensen /credit liberation –  Legal avenues for dire situations

Andy McLaughlin and Leon Ashby – preparing your submission

  • Key points to get commission to understand your case easily
  • Understanding when and why a bank will not meet with you

Open forum and questions

 Afternoon tea 20 minutes

People who can help you – lawyers, consultants, advisors and others

Summary of day and final questions

 

It is important that farmers and small business people promote and attend this seminar and encourage those who have been affected by their banks actions come forward. All complaints will be restricted and kept confidential if necessary. Many guests and speakers will arrive on Wednesday the 31st 2018 if you wish to catch up before the seminar.    Please make a booking for accommodation at the Grand Chancellor hotel asap. Car Parks are allocated to booked rooms. We look forward to meeting you. We hope you will attend to learn what you can do to achieve the best possible results for you and your family.

   

Andy McLaughlin

Senior, Rural Consultant, Mediator and Seminar Organiser.

 

Click here to view terms of reference

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