click on video above
by John F Howard in Townsville
Netherlands-based bank Rabobank with the aid of an armada of government-paid enforcers arriving in government vehicles along with grubby receivers Ferrier Hodgson heavied Noeline Bradshaw and her son Neil to get off their cattle property, Ballabay north of Pentland.
Noelene and Neil were arrested by several violent officers and marched off to the paddy wagon
Although the receivers and Rabobank representatives indicated they would go to the negotiating table after a court appearance on Thursday, in order to avoid a welcoming party at the property they did not arrive on Monday February 20 as they had indicated.
Instead they arrived in military style on Wednesday, with enforcers blocking the entry road and threatening any media or supporters with arrest if they tried to enter.
Ferrier Hodgson were supposed to remove the family on “voluntary terms” as they had suggested.
It appears they did not wish to have any other parties present when removing the entire family.
Neil Bradshaw owns cattle on the property that are not mortgaged to Rabobank. He previously circulated descriptions and brands of his cattle to all livestock agents and meatworks warning them not to deal with the cattle.
This sorry saga of a foreign bank dispossessing honest, hard-working Australians from their properties is completely sanctioned by the LNP and Labor Party.
Banking industry sources believe Rabobank is acting in league with coal and gas companies to remove land holders in order to easily access known coal and gas reserves in the Pentland district.
“Rabobank will have token buyers lined up ready to buy the properties at discounted prices, leaving the Bradshaws holding the bag with a $1 million or more deficit, which without any means of income they will never be able to pay off,” the source said.
Yesterday Member for Kennedy Bob Katter weighed into this disgraceful episode, contacting the Labor Polce Minister(whose husband is a police inspector) then arriving at the Charters Towers police station to get the Bradshaws out of the watch house.
He was told the Bradshaws had been released just before he arrived.
The clearly upset Bob Katter told Cairns News that the lending practices of the banks are designed to allow foreclosures.
“In this case the bank loaned the family too much money because of droughts and poor cattle prices then the government-instigated live cattle export ban which placed them in an unviable position,” he said
“The banks are a law unto themselves and there is no power on earth to control them.
“I have got hundreds of similar cases on file where farmers have not been able to get any relief from any of the so-called government watchdogs like ACCC, courts, the Reserve Bank ASIC and others that are supposed to offer financially stressed businesses relief.
“Banks like Rabobank continue to flagrantly break the law.
“The Bradshaws are devastated after a lifetime’s work to lose their possessions to a foreign bank or any bank.
“The bank will make a profit of half a million or more from these seizures and the Bradshaws will have to carry a $1 million or more debt for the rest of their lives.
“This assault on an Australian farming family clearly demonstrates the urgent need for a Royal Commission into banking practices.”
from Robert J Lee
How did Rabobank get into Australia to take the place of the Commonwealth Development Bank?
The Netherlands-based Rabobank has its origins in Australia thanks to former Labor Prime Minister Paul Keating and his then wife Annita, a Dutch-born Australian.
Reputedly the world’s largest rural bank, Rabobank reportedly was asked to hang up its shingle in Australia by the Keatings when he was Prime Minister in 1995.
Several years before the Keatings were involved with Danish interests in setting up a string of large piggeries in NSW.
Eventually the business failed and the Keatings were left holding the bag with the Commonwealth Development Bank reportedly for about $4million however according to then Senator Michael Baume, who doggedly pursued Keating over his debts at the time, it could have been much more.
To get out of debt in one foul swoop, Keating wound up the CDB in 1995, and put Rabobank in its place. Senator Baume said at the time the CDB debt was not ever repaid by Keating.
Most Rabobank profits go back to European shareholders. Paul Keating today drip feeds hundreds of thousands of dollars each year from the public purse, his reward for destroying Australian manufacturing and opening up Australia to the rapacious foreign banks.
Even today Keating still maintains Australia should be a ‘service country’, an ideology carried on by Malcolm Turnbull and the Liberal Party.
Cairnsnews has been advised that the Bradshaw family today has filed an application in the Townsville Supreme Court to set aside the warrant used by receivers Ferrier Hodgson and Gadens solicitors to terrorise and take possession of Laurelvale at Prarie, had expired on December 16, 2016.
The Bradshaws now hold the high moral ground to take further action against all the invaders after they swooped on Laurelvale on February 1, 2017.
Stay tuned to Cairnsnews!
FORMER SENATOR ROD CULLETON ASKS COMMUNITY TO STAND UP TO BANK RECEIVERS AT BALLABAY STATION
Former Senator Rod Culleton, has released a plea on social media for people to get to Ballabay Station located just outside Charters Towers, at Pentland, 9am on Thursday morning.
Nolene Bradshaw and her family own Ballabay Station and Mr Culleton said that he had been working closely with Mrs Bradshaw when he was a Senator, to help keep them on the farm.
Mr Culleton said Rabobank, the lender, was one of the most aggressive banks along with the ANZ, when it came to farm foreclosures.
“Once we lose the great generational farmers of this nation, they will never be replaced and we will have lost the knowledge and expertise forever. This happened in Europe and it can happen here! Our farmers are irreplaceable,” he said.
“Rabobank have engineered the demise of Nolene Bradshaw and her farm. Nolene, her husband and their son are great pastoralists and have survived drought for years and the government induced live export debacle. Even through these tough times, the Bradshaws were able to look after their cattle, which are in prime condition now to be sold. The market is at an optimum peak and Rabobank should be allowing the Bradshaws to sell their cattle, to help service their loan. The Bradshaws had room to financially manoeuvre to meet repayment deadlines but Rabobank kicked in their heels.”
“The cattle are calving at present and the heat is extremely high, yet, the receivers have sent in a helicopter to muster the cattle. There is no court order to do this and the cattle do not belong to the bank. This is theft, not to mention that these actions will cause stress to the cattle and it is highly likely that they will die as a result.”
Mr Culleton says that he does not have a hatred for banks, but how the major four Australian banks treat their customers. “Instead of sitting down at a table and working out a commercial and viable way for the borrower to service the loan, the banks send in receivers and lawyers,” he said.
“This is why I am fighting for a Royal Commission into the banks, the receivers and other financial associates. The Senate has already agreed to one with the terms of reference I presented to them and now the House of Representatives will be voting on it again, imminently. I urge people to contact their local member and tell them you want a Royal Commission.”
Mr Culleton said that all members of the public and media are invited to attend Ballabay Station, on Gregory Springs Rd in Pentland, at 9am on Thursday 9th February.
“Mrs Bradshaw has advised me that the receivers could come at an moment during the day, so we are asking the public to be prepared to attend and stay for the day and potentially into the night. Our aim is to stop the receivers moving in so that we can prepare other avenues for the Bradshaws to save their farm. Bring drinks, food and shelter. It could turn out to be one big bush barbeque.”
Queensland living up to its reputation as a police state
Banking Royal Commission must start now
The corrupt legal system and Netherlands-based Rabobank have skinned another scalp, this time a farming family living near Prarie, 400 klm west of Townsville.
Seven carloads of armed police and two carloads of receivers arrived at the Bradshaw cattle property Laurelvale near Prarie on February 1 at the behest of dodgy receivers Ferrier Hodgson who then took possession of the property allegedly due to non-payment of a loan.
Accompanying the intimidating police armada was a locksmith from Thuringowa Locksmiths and Locksmiths Services near Townsville, Will Caldwell and Warwick Yates (pictured) from receivers Ferrier Hodgson Brisbane and Gadens Lawyers solicitor Scott Couper of Brisbane.
Neil Bradshaw, 29, the son of Lloyd and Noeline Bradshaw was arrested at Laurelvale Station and dragged off by two burly police officers then taken 200 klm to Charters Towers police station.
He was charged with obstructing police and assault. Neil says he did not at any time intentionally assault police.
Bail conditions set by the attending sergeant prevent Neil from going back to his home on the property.
He said the police told him they were there to protect the bailiff and arrived in such force because like every rural property the Bradshaws had firearms in their possession.
As can be found on most family run properties, Neil owns cattle running on the station and machinery which he believes will be stolen by the receivers.
“My cattle are not mortgaged and nor is the machinery, but I won’t get them back from this lot. I have been told they are mustering my cattle right now,” Mr Bradshaw said.
“Both properties are in drought declared shires although we have had good rain it will take us years to recover from the worst drought in history.
“We produce hay but instead of selling it we kept our own cattle alive for three years and if we didn’t do this Rabobank would have had no stock to sell at all.
“We were offered $700,000 for Laurelvale in the middle of a drought but its real value is $2.2 million and our debt is supposed to be $5 million because Rabobank has pushed it up with all their charges with the receivers.
“If we sold Laurelvale with 850 head we could pay them out but they wouldn’t accept our offer and they said they don’t want it because they can’t get the true value.”
In similar circumstances to scores of other fire sales the banks and receivers enforce unreasonable demands to make debt reductions and generally forbid moving stock to other properties with good feed.
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 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.
Member for Dalrymnple 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.
CATTLE BRANDS NOT MORTGAGED
Cattle producers and agents are warned not to buy or deal with cattle with the following brands, which are not mortgaged to Rabobank and belong to Neil Bradshaw:
9G2 (script) UE9 (script)
Described as Brahman cross cows and calves; greys and reds; heifers and steers greys and reds some with Bazadais cross.
These cattle are listed on Personal Property Securities Register and legally cannot be sold without the owner’s permission. Neil Bradshaw has a registered interest and has a superior claim to that of the receivers, according to legal advice.