{"id":20615,"date":"2019-08-16T16:03:29","date_gmt":"2019-08-16T04:03:29","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=20615"},"modified":"2019-08-16T16:03:29","modified_gmt":"2019-08-16T04:03:29","slug":"watch-exposing-australias-ruthless-big-banks-60-minutes-australia","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/watch-exposing-australias-ruthless-big-banks-60-minutes-australia\/","title":{"rendered":"WATCH: Exposing Australia&#8217;s ruthless big banks | 60 Minutes Australia"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO: Big Banks<\/strong><\/p>\n<p>It\u2019s no secret that the big banks can be ruthless when they want their money back. But this story reveals a new low in their breathtaking arrogance. For more than 30 years Roy Lavis helped to build Cairns and turn it into the bustling tourist mecca it is today. His construction company also directly and indirectly employed several thousand locals. Roy\u2019s business was so prosperous the Commonwealth Bank threw money at him and encouraged him to expand. In return he always paid them back on time, principal and interest. Everyone was a winner. Until suddenly the bank changed its mind.<\/p>\n<p><iframe width=\"1380\" height=\"776\" data-src=\"https:\/\/www.youtube.com\/embed\/2w6q9WLZbzI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO: Big Banks It\u2019s no secret that the big<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/watch-exposing-australias-ruthless-big-banks-60-minutes-australia\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":20616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478100942,478106673,478100132,478100764,478098566,478098519,478098535,478098511,478098509,478106672],"class_list":["entry","author-data123nz","post-20615","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-60-minutes","tag-60-minutes-australia","tag-big-banks","tag-commonwealth-bank","tag-first-home-buyers","tag-home-ownership","tag-house-prices","tag-real-estate","tag-real-estate-news","tag-roy-lavi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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