This Campaign is to help Charlie and his son Charles Fight the ANZ Bank who wrongfully foreclosed on the family farm and secondly to help them pay The ANZ Bank the money they are prepared to accept for the farm to return into the hands of the Phillott Family
Background / Your Story
For 50 years Charlie Phillott and his family worked the land on Carisbrook Station in outback Queensland. They enjoyed the good seasons and endured the bad. They learnt to save when they could and spend when they had to, but they always kept the bank manager happy. That is until the ANZ came along. Overnight the bank crippled Charlieâ€™s business and hounded him into financial oblivion. A year ago the Phillotts were forced to walk away from Carisbrook, bullied by the bank into leaving their home. But donâ€™t think the bank has won, because Charlie Phillott is no pushover and heâ€™s taking his fight all the way to the top of one of Australiaâ€™s largest financial institutions.
- We are Crowd Funding to help SAVE Australian farmers, this is just the first campaign of many to come that will enable Australian farms to STAY in Australian hands.
- The total amount that we are trying to Crowd Fund is the exact payout figure which the ANZ bank have concluded the farm is now worth, this is after the Phillotts NEVER missed payment and had the farm HALVED in value by the bank themseles
- This is only the first step in my personal crusade to help not only Charlie but ALL Australian farmers who truly do it tough and are the Back bone of who we are as a country, they are the battlers and the epitome of what the Australian spirit actually is
How the funds will used
What The ANZ has agreed to so far
ANZ provides the following comments in response to a 60 Minutes program that aired on 12 July, 2015:
- While we are limited in what we can say about individual customers, we are continuing to work with Mr Phillott and his family to try to achieve an amicable solution.
- Senior representatives from ANZ visited the Phillott family at Carisbrooke Station in December 2014 and met with them again in Townsville in March 2015. We have acknowledged that the last few years have been tough for the family.
- We have proposed to engage an independent and neutral third party, such as a retired judge, to help mediate a final resolution. We would also involve the Phillotts in the selection of this independent mediator.
- We are committed to reaching an outcome which is why ANZ has agreed upfront to accept any recommendation of the independent mediator. As a further measure of good faith, ANZ will pay for the costs of the mediator and for independent legal advice for the Phillott family.
- We believe this is a fair and reasonable offer bearing in mind the Phillotts and ANZ had mutually agreed and signed a settlement together with the familyâ€™s lawyers in May 2014.
- While this settlement agreement is subject to a strict confidentiality agreement, ANZ believes that it has made substantial concessions to the Phillott family. ANZ is prepared to make the terms of this agreement publically available, with the consent of the Phillott
While the ANZ has made this statement anyone and everyone knows that as a financial institution the only interest they have is PROFIT and money, while profit is always desirable one has to question that when the ANZ make BILLIONS every single year the best that they can "offer" is an "independent" retired judge in a conference environment and $5000 towards legal costs, this is disgusting and an OUTRAGE.