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Posted: 2023-01-31 01:34:48

Outback Queensland grazier Charlie Phillott, who took on one of Australia's largest banks and won, has died aged 88. 

Mr Phillott was a renowned tourism operator and cattle industry pioneer who rose to fame when ANZ-owned Landmark dramatically devalued his property due to drought in 2014. 

The Winton cattle grazier was ordered off his Carisbrooke station, which had been in his family for 50 years, after the bank deemed it an "unviable risk", despite never missing a mortgage repayment. 

His loan was one of thousands acquired by ANZ when it bought the Landmark loan book worth $2.3 billion in 2010.

The move sparked a personal battle with the bank and catapulted the "humble" grazier to national attention.

One year later ANZ handed back the property and formally apologised. 

Federal MP Bob Katter, who campaigned alongside drought-stricken farmers whose properties were repossessed, said Mr Phillott was a "titan amongst men".

"If you got out your canvas and your easel and [painted] a picture of the perfect Australian ... it would have been Charlie Phillott," Mr Katter said. 

"He was an ordinary person … but he was determined to solve the problems of Australia."

Man in green shirt wearing akubra staring at camera
Charlie Phillott was initially reluctant to go public with his story.(Supplied: John Elliott)

Mr Katter said Mr Phillott was initially reluctant to front the media to draw attention to his situation and that of other farmers. 

"Charlie had given a written agreement that he would shut up if he walked off the property and went peacefully," Mr Katter said. 

"He was a man of his word and didn't want to break that agreement to speak about how he was treated by the bank.

"He said he would pray to Jesus and think it over for a couple of days ... eventually said he would do it. The rest is history." 

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