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.
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 firstname.lastname@example.org
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.
Senior, Rural Consultant, Mediator and Seminar Organiser.
Rally heads to Canberra to tell politicians about the damage banking misconduct is causing.
On Monday Nov 21 people coming from all parts of the nation will be gathering to let politicians know that the banking system is not serving their needs. Indeed that the scandals and the corruption must be exposed and stopped. Dubbed the Tell the Truth to Turnbull Rally (#TTTRally), it promises to unleash people power in a way not seen in Australia before.
The hub of the event is Parliament House starting at noon, however people who cannot make it to Canberra can participate at the same time in front of the office of their Federal MP.
As well as victims of predatory and unconscionable lending we will be hearing from several experts regarding bank misconduct. Dr Evan Jones will be speaking as will barrister Peter King.
Dr Evan Jones – lectured in Political Economy at Sydney University between 1973 and 2006. He has assisted countless people suffering from bank inflicted poverty and desperation. He has detailed systemic and systematic abuses particularly involving NAB and CBA. Dr Jones told us that “Corruption is rampant in the finance sector. In 1980 its gross income was 5.1% of total corporate income; by 2015 it was 23.6%.”
Bank Reform Now CEO Dr Peter Brandson along with another NAB victim Dario Pappalardo and CBA victims Suzi Burge & Tanya Hargraves have worked together to organise the event.
Dr Peter Brandson founded Bank Reform Now as a response to a dispute with NAB. He wanted full compensation from the bank after it was shown they used predatory lending against a family member before the GFC. The bank thought it was funny to fully compensate a bank victim. So the rally in Canberra is the first step to see that everyone harmed by a bank is fully compensated.
Dr Brandson explains, “Insurance scams, financial planner scandals, mortgage fraud, credit card rip offs, abuses of farmers & small businesses, excessive fees and penalties are just the tip of the iceberg. Banks have been fined billions of dollars in the USA and Europe but the bankers are not jailed and the victims are not properly compensated.”
“Many people in our towns and cities have been burned but their voices have not been heard. Now they will all be heard: families, farmers, business owners. If you can get to Canberra please do so. If we don’t stand united we will continue to see unconscionable and predatory looting of the nation and its people.”
“There will be a powerful Royal Commission. Reparations will be paid by all the major banks to victims. Bankers engaged in unconscionable and predatory activities will be jailed. This is what BRN and many more of us are working toward.”
Bank Reform Now – http://www.bankreformnow.com.au/
#TTTRally Support Page – http://www.bankreformnow.com.au/tttrally
Comment from Rom Stewart
Governments or Banks? are they the one private entity?
Its not an easy thing to come to terms with, when such people that have entered into politics discover that the very government they represent are in fact subdivisions of the very banks they are trying to bring into moral control. The “COMMONWEALTH BANK OF AUSTRALIA” and the “COMMONWEALTH OF AUSTRALIA” are both registered private companies registered with the UNITED STATES SECURITIES AND EXCHANGE COMMISSION, WASHINGTON DC, District Of Columbia, being a part of the US FEDERAL RESERVE Banking System… Do the people that serve the government really serve the banks? so if banks are restricted in control, would that not just restrict the bank owned governments? … In other words, when the banks and the governments are registered to the same private banking entity, is that not a conflict of interest that many politicians may not be aware of even though the evidence is all in the public domain for all to see if they look? …
Even in relation to Grammatical Science, companies and corporations are registered in ALL UPPERCASE WRITTEN TEXT, being a text grammatically and legally known as: DOG-LATIN, (Blacks Law Dictionary, 4th Edition) being a form of “debased Latin”. (Corrupt written text) The very word: “Debased” in the English Dictionary, refers to an immoral and criminal act, rendering such a debased text to be immoral and criminal and corrupt, grammatically stating that any entity registered as a company or corporation, appearing in such a Debased Written ALL UPPERCASE Language, is telling you that they have no obligation to morality or caring about anyone but themselves… Banks and Bank owned Governments have no moral obligation to their corporate citizens, backed up by the grammatical standing of the very debased written text they stand under.
This is also backed up by the corporate QUEENSLAND constitution, Article (3) A and B. stating that a QUEENSLAND person has no rights.
Yale University in Pittsburgh P.A. produce the top world Bankers and Presidents of the UNITED STATES Corporation. Such a university teaches the Science of English, Latin and Grammar…. Latin and Grammar are no longer a part of State Government schooling… I wonder why? …
In case you were not aware the government House of Representatives on June 4th 2015, referred the terms of reference listed below, relating to the impairment of customer loans, to the Parliamentary Joint Committee on Corporations and Financial Services for inquiry and report by 31 March 2016.
What this means is that practices of banks and other financial institutions using a constructive default (security revaluation) process to impair loans by devaluing property held as security increasing the loan to equity ratio to suit their underhanded foreclosure agenda.
Be aware of previously conducted Parliamentary Inquiries that with considerable taxpayer funding did not halt the standover merchants of finance. Take time to read terms of reference and conclusions to get the picture how thick the whitewash was applied.
Joint Parliamentary Committee on Corporate and Financial Services – 4/5/2009 – Downloador read pdf report [HERE]
Senate Inquiry (Economics Committee) into the role of Liquidators Administrators – 18/12/2009 – Download or read pdf report [HERE]
The Effectiveness of the Australian Securities and Investment Commission – 23-7-2013 – Download or read pdf report [HERE]
The committee is looking for submissions from the public and the closing date is 21st August 2015.
I would suggest that everyone read submissions already presented with all farmers reading the 3rd submission put forward by Mr Richard B. Wright and Mrs Barbara Ann Wright. It’s all about ANZ destroying a very successful cattle farming business where bank receivers – sent cattle from a registered stud for slaughter – sent registered horses from a stud to be sold at dogger prices, and much more. [Click Here].
It is important for home owners, business owners and farmers, who have had a lender manufacture a default, to make a submission. However, pay particular attention to the terms of reference listed below, keeping your submission relevant to those terms or your efforts will be deemed not relevant.
Terms of Reference:
- practices of banks and other financial institutions using a constructive default (security revaluation) process to impair loans, whereconstructive default/security revaluation means the engineering or the creation of an event of default whereby a financial institution deliberately reduces,through valuation, the value of securities held by that institution, thereby raising the loan-to-value ratio resulting in the loan being impaired;
- role of property valuers in any constructive default (security revaluation) process;
- practices of banks and other financial institutions in Australia using non-monetary conditions of default to impair the loans of their customers,and the use of punitive clauses such as suspension clauses and offset clauses by these institutions;
- role of insolvency practitioners as part of this process;
- implications of relevant recommendations of the Financial System Inquiry, particularly recommendations 34 and 36 relating to non-monetaryconditions of default and the external administration regime respectively;
- extent to which borrowers are given an opportunity to rectify any genuine default event and the time period typically provided for them to doso;
- provision of reasonable written notice to a borrower when a loan is required to be repaid;
- appropriateness of the loan to value ratio as a mechanism to default a loan during the period of the loan; and
- conditions and requirements to be met prior to the appointment of an external administrator; and
- in undertaking this inquiry, the Committee take evidence on:
- the incidence and history of:
- loan impairments; and
- the forced sale of property;
- the effect of the forced sale of property in depressed market conditions and drought;
- comparisons between valuations and sale price;
- the adequacy of the legal obligations on lenders and external administrators (including s420A of the Corporations Act 2001) to obtainfair market value for the forced sale of property; and
- any related matters.
- the incidence and history of:
On 4 June 2015 the committee resolved that:
- in conducting the inquiry the committee will not investigate or seek to resolve disputes between customers and banks; and
- where the experiences of customers may inform the committee about the practices of banks, the committee welcomes submissions that explicitlyaddress the terms of reference.
Link to terms of reference – [HERE]
How to Making a Submission [Download pdf]
Committee Secretariat contact:
Parliamentary Joint Committee on Corporations and Financial Services
PO Box 6100
Canberra ACT 2600
Phone: +61 2 6277 3583
Fax: +61 2 6277 5719
This weekend the G20 <http://www.examiner.com/topic/g20> nations will convene in Brisbane, Australia to conclude a week of Asian festivities that began in Beijing for the developed countries and major economies. And on Sunday, the biggest deal of the week will be made as the G20 will formally announce new banking rules that are expected to send shock waves to anyone holding a checking <http://www.examiner.com/topic/checking> , savings <http://www.examiner.com/topic/savings> , or money market account in a financial institution.
On Nov. 16, the G20 will implement a new policy that makes bank deposits on par with paper investments, subjecting account holders to declines that one might experience from holding a stock or other security when the next financial banking crisis occurs. Additionally, all member nations of the G20 will immediately submit and pass legislation that will fulfill this program, creating a new paradigm where banks <http://www.examiner.com/topic/banks> no longer recognize your deposits as money, but as liabilities and securitized capital owned and controlled by the bank or institution.
In essence, the Cyprus template <http://www.forbes.com/sites/nathanlewis/2013/05/03/the-cyprus-bank-bail-in-is-another-crony-bankster-scam/> of 2011 will be fully implemented in every major economy, and place bank depositors as the primary instrument of the next bailouts when the next crisis occurs.
On Sunday in Brisbane the G20 will announce that bank deposits are just part of commercial banks’ capital structure, and also that they are far from the most senior portion of that structure. With deposits then subjected to a decline in nominal value following a bank failure, it is self-evident that a bank deposit is no longer money in the way a banknote is. If a banknote cannot be subjected to a decline in nominal value, we need to ask whether banknotes can act as a superior store of value than bank deposits? If that is the case, will some investors prefer banknotes to bank deposits as a form of savings? Such a change in preference is known as a “bank run.”
Each country will introduce its own legislation to effect the ‘ bail-in’ agreed by the G20 this coming weekend.
Large deposits at banks are no longer money, as this legislation will formally push them down through the capital structure to a position of material capital risk in any “failing” institution. In our last financial crisis, deposits were de facto guaranteed by the state, but from November 16th holders of large-scale deposits will be, both de facto and de jure, just another creditor squabbling over their share of the assets of a failed bank. – Zerohedge <http://www.zerohedge.com/news/2014-11-12/russell-napier-declares-november-16-2014-day-money-dies>
For most Americans with savings or checking accounts in federally insured banks, normal FDIC rules <http://www.bankrate.com/finance/savings/fdic-insures-bank-deposits-to-250-000-1.aspx> on deposit insurance are still in play, but anyone with over $250,000 in any one account, or held offshore, will have their money automatically subject to bankruptcy dispursements from the courts based on a much lower rank of priority, and a much lower percentage of return.
This also includes business accounts, money market accounts, and any depository investments such as a certificate of deposit (CD).
What makes this sudden push to securitize cash held as bank deposits is the pending question of whether the central banks or sovereign governments know that a crisis is forthcoming, especially in light of Europe’s rapid decline into recession, and Japan’s need to monetize their entire budget through central bank easing?
Just as people thought the ownership of gold and silver was inviolate prior to 1933 when the government ordered it confiscated <http://en.wikipedia.org/wiki/Executive_Order_6102> to bailout the banks and Federal Reserve during the Great Depression, we are all now faced with the realization that the money we thought was our own, and protected in our checking and savings accounts no longer is. And after Sunday at the G20 meeting, the risks of holding any cash in a bank or financial institution will have to be weighed as heavily and with as much determination of risk as if you were holding a stock or municipal bond, which could decline in an instant should the financial environment bring a crisis even remotely similar to that of 2008.