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.
We will face the crisis with aggression and unity – KAP
Charters Towers Debt Summit August 31, 2015
With less than a week until the Charters Towers Rural Crisis Summit, Member for Dalrymple Shane Knuth said he has felt a groundswell of interest.
” Since we announced that a summit would be taking place I have been fielding calls from graziers and small business owners in drought effected areas all over the state,” Mr Knuth said
“The amount of people who are getting involved in this is encouraging, the rural crisis really is the issue of our time.
Mr Knuth who will be chairman on the day with KAP member for Mount Isa Rob Katter said while the speakers at the summit will help bring context, it is a priority locals are given the opportunity to speak.
“The summit is important but the action that follows after is essential,” Mr Knuth said.
“The resolutions devised and agreed upon at the summit will form a blue print for action in rural Queensland.”
Member for Mt Isa Rob Katter who held a similar summit in Winton last year said the rural crisis committee which has since become the backbone for rural advocacy in the area.
“Less than a year on the committee has been instrumental in applying strong pressures to the government in face to face meetings, but we aren’t done yet,” Mr Katter said.
“There needs to be a stronger and more direct connection with between the cattle producers, business owners and the policy makers, we are trying to facilitate this.”
KAP Federal member for Kennedy Bob Katter who will also be part of the day has widely encouraged people from all walks of life to join to help find a solution.
Mr Katter said the current high price of cattle due to the lack of stock available isn’t a consolation for struggling farmers because they themselves have no cattle to sell.
“There are answers here, and we have got to go to those answers with aggression and unity,” he said.
“Wandering around blaming political parties quite frankly isn’t going to get us anywhere, there is a big system of power there and we must assail it on the political front, the economic front and through social media.”
Mr Katter drew reference to the story of Charlie Phillott (speaking at the summit) who’s story written by David Pascoe, went viral and became the most shared post in Australian History.
“The people of Australia are behind us, but we have got to know clearly what we want,” Mr Katter said.
“We must fight for survival.”
Final Agenda Charters Towers Rural Crisis Summit
Chaired by Shane Knuth and Robbie Katter
9:50 – Take your seats for the morning
10:00- Opening Address and Welcome Shane Knuth MP Member for Dalrymple
10:10- Andrew Jensen chairman Charter Towers Rural Crisis Committee, Committee work and goals for the day/ House keeping
10:15- Charlie Phillott face of the crisis/ Winton
10:20 – Bill Byrne MP, Minister for Agriculture Queensland Government
10.35 – Open Questions to Minister Byrne
10:50 – MORNING TEA
11.30 – Brian Egan, Aussie Helpers
11.40 – Cate Stuart, Formerly of Mount Morris Station
12:00 – Ben Rees, Australian Agriculture, the Real Story 12:15 – Dr Mark McGovern, Summing Up
12:45 – Committee Resolutions/ Other resolutions
1:30 – Bob Katter Federal Member of Kennedy, Closing address
For more information on the day please call: 0466-7 11-527
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
Please join this campaign to stop the banks from stripping our personal assets including our homes!