A cattle farmer who borrowed money from BankWest testifies at the Banking Royal Commission
Channel: Banking Royal Commission
Date: 15/07/2018

[4.7] Mel Ruddy, a 68-year-old grazier from near Charleville in western Queensland, gives evidence on how an offer by a manager from Bankwest (a subsidiary of Commonwealth Bank) to take out a bigger loan on his two cattle properties - rather than sell one of them as planned - had resulted in financial disaster.

Recorded on 28 June 2018 at the Brisbane Magistrates Court.

Witness statement:
https://bit.ly/2zEluh5

Exhibits:
https://bit.ly/2L3TszW

Transcript:
https://bit.ly/2NIiFOV

Testimony held during the fourth round of public hearings on issues affecting Australians who live in remote and regional communities at the Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

This video was extracted from the Royal Commission’s webcast archive and republished here as permitted under its Creative Commons Attribution 4.0 International licence. The source file, containing the raw archived webcast of the entire day of hearings, was trimmed to only retain the testimony of the above witness(es) and remove any breaks and offline periods of the webcast. For testimonies held over multiple days, separate source files would have been combined to create one consolidated video.

Video Source: https://bit.ly/2XBSBKh
Copyright information: https://bit.ly/2K2JMl2
Creative Commons license information: https://bit.ly/1rMF155

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© Commonwealth of Australia 2018.

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