Nutshell

This is a hypothetical party that has a set of policies that are considered to be the ideal policies for Australia. When these policies are finalised, the The Great Australian Dream will be registered as a political party.

 

The Great Australian Dream recognises that whilst the nation and individuals allow Private Banking Corporations to create the loans of the nation, both the nation and the people will become indebted to Private Banking Corporations. The debts magnify by interest creating a situation where there is more debt than money. These debts are thus unpayable.The Private Banking Corporations have thus become the de facto money creators of the nation. Money is created for new loans without any activity at the Reserve Bank. Thus we finish up with only five percent of the nation's money being created by the Reserve Bank. The Great Australian Dream will suffer as it demonstrates that Australian prosperity can only occur when only the government has the power to create money. When Private Corporations create money, indebtedness and political influence occurs. It is truly frightening that big business and foreign lobby groups have so much influence over our government.

 

  • The government shall be accountable to the people, not to it's biggest spending lobby groups and never to foreign influenced lobby groups or corporations. Lobbyists undermine democracy and need to be curtailed.
  • The income tax system fails to adequately tax the very rich.
  • Income tax will be dramatically reduced or replaced by a Financial Transactions Tax. A Financial Transactions Tax is commonly known as a Robin Hood Tax. A Financial Transactions Tax of between 0.05% and 0.1% is capable of equitably replacing our current Income Tax System and the GST System. This is between 50c and $1 on each $1000 transaction. Current GST as paid particularly by ordinary working and middle class people is currently $100 per $1000.
  • State Public Banks will bring home ownership levels to the old levels of the 'Great Australian Dream'. Private banking corporations tend to lend to those that already have money and to those that already own one, two, three or four houses thus pricing houses out of the reach of ordinary working Australians. The Charter of the new State Public Banks will specifically be to loan to owner occupiers, local small and medium business, first time small business owners and entrepreneurial first time start-ups. The Charter of the new State Public Banks will specifically exclude lending for speculative purchases. This would commonly include purchase of properties for speculative price rise and for speculative purchases on the stock and share markets and speculative foreign exchange trading.
  • State Public Banks will dramatically reduce state public debt. State Public Debt is by definition money owed to Private Banking Corporations. We shall return to the system used in Australia in our most prosperous time and the system used by our most rapidly developing trade partner, China. State Public Banks remove the need for state governments to borrow from private banking corporations. Sensibly managed, State Public Banks eliminate state debt and provide a better standard of living for state residents.
  • State Public Banks will will reduce the stress and heartache on farmers under current banking practices.No productive farmer should be put under financial stress. The current banking system sucks the life blood out of our agricultural sector. Yet foreign corporations backed by more realistic foreign National Public and Development Banks managed to move into Australia and operate successfully and do not have the impediment of Private Banking Corporations.
  • Homeowners Protection will protect against current foreclosure practices where the homeowner can be in financial strife even after loosing the house. The mortgagee can only collect on the value of the house.
  • State Public Banks will support small, medium and family business.
  • Only the government shall have the authority to create the money of the nation. This includes cash folding notes and the virtual digital money. About 5% of Australia's money, the cash folding notes, is created by the Reserve Bank of Australia. Cash is used mainly in the retail area. The remaining 95% of Australia's money is Virtual Digital Money that exists as numbers in bank accounts. This Virtual Digital Money is created as debt and credit in equal amounts when loans are made. The debt magnifies with interest creating the current situation where there is twice as much debt as there is money. In Australia and internationally the debts have become unpayable. China has learnt much from the West and has kept control of its exchange rate away from international banking corporations and runs national public banks and public development banks to fire rapid development. This is the same formula used in Australia from 1911 to 1922. 1911 “Commonwealth Bank of Australia” transformed Australia into the most prosperous nation in the world and “The China Development Bank” has been used to bring China from a poor nation to a global force in one lifetime.
  • The money of the nation will be spent into society as it was in the original 1911 “Commonwealth Bank of Australia”. This was affectionately known as the “Peoples Bank” because of the way it transformed Australia into a prosperous nation.
  • Healthy individuals within healthy families are the core of a healthy Australian society. It is important that individuals are raised in a loving, functional and secure family.
  • A National Development Bank along the lines of the original 1911 “Commonwealth Bank of Australia” will remove the need for ”National Debt”. National Debt arrived when private banking corporations took over the financing of nations around 300 years ago. A National Development Bank will fund all major infrastructure projects as was done when building the Trans-Australian Railway and other great projects of years ago. This is the formula currently being used in China.
  • We need a smart efficient internal economy that relies on non-polluting systems and energy sources.
  • The 'War on Drugs' is a failure. Laws on drugs are doing more harm than good. Drug issues are a health and social issue, not a crime. Clearly the authorities have not managed to stop the growing of 'illegal' drugs, the processing of drugs, the transport of drugs, the financing of drugs, the taxation of drug profits, the demand for drugs and the consumption of drugs.
  • The Trans-Pacific Partnership (TPP) is a secretive, multi-national trade agreement that threatens to extend restrictive intellectual property (IP) laws across the globe and rewrite international rules on its enforcement. The TPP will make it easier for big business and international corporations to act across borders without interference from states. The TPP will effectively destroy state control in favour of corporations in areas such as the environment, workers rights, internet freedom, food safety, medicine, and finance. The TPP is a simple way for corporations to enact dodgy legislation by the backdoor method of calling it a 'Free Trade Aggreement'. The so called 'Free Trade Aggreement' then allows corporations to sue the government if the corporation does not get its way. The TPP needs to be stopped.
  • Before entering into any invasions or wars there will be a people's referendum. On the principle that we will not allow others to invade our country or kill our people, we will not invade other countries and kill their people. We recognise that Australia has entered wars against other countries without good reason. We recognise that we have been allied to countries that have committed atrocities, foreign political manipulation and human rights violations.
  • Only the best quality foods should be available to Australians and shall be free from the taint of chemicals, pesticides and modification. Australians deserve the right to farm and eat GM free.
  • Genetically modified foods should be labelled as such.
  • Organic farming should be encouraged and not strangled with red tape.
  • The health of the people of the nation is paramount. The food industry and authorities must maintain the health of the people as their highest priority.
  • End the failed practice of subsidising and giving concessions corporations. End the practice of corporate bail-outs for big business.
  • If the banks falter, nationalise them.
  • Copyright laws do not match the digital world of today and restrict progress. Reforms are needed to legalise common practices where copyright owners interests are not harmed and where people innocently infringe copyright law.
  • To restore trust in our democracy a system of Direct Democracy needs to be added where the people of a country play a direct part in decision making.
  • Measures need to be taken to protect Australia's bees.
  • Measures need to be taken to protect Australia's farm assets including land and soil.
  • The nation can only remaining competitive if it has a vibrant and dynamic education system. School education needs to be engaging and relevant and produce citizens with high standards in diction, practical skills, academic skills and logical and deductive thought processes.Science needs to be made exciting and mathematics needs to be relevant and interesting. Tertiary education needs to be free and establishments held to the task of producing capable graduates particularly in the areas needed to make Australia internationally competitive.
  • The best sustainability and environmental policy is to ensure there is no internal or external government debt to private banking corporations. The National External Debt to International Banking Corporations drives excessive exports, resource extraction and sale and sale of national assets and land. A National public bank will reverse this trend.
  • The upper house needs to be independent of political influence. The Senate has little impact as a house of review if it merely rubberstamps all lower house legislation. The upper house needs a level of independence to review and stop bad legislation.
  • Food endangerment. Criminal liability will be imposed on companies producing food that may harm human health. This may include the producers, sellers and transporters of genetically modified organisms.
  • No sane civilistaion would endanger its water supply. Laws will be passed to make it illegal for any person or company to engage in activities that may endanger water supplies. This includes directors and workers engaged in fracking. 
  • The Great Australian Dream believes that full support is required for family businesses,small and medium business and the general concept of individual enterprise.
  • To restore trust in our democracy a system of Direct Democracy needs to be added where the people of a country play a direct part in decision making.
  • Referendums will be online and frequent. If we can bank online, we can vote online in referendums.
  • The history of Australia is aboriginal history. The best of aboriginal history, stories, traditions, culture and sustainable practices shall be taught in schools. There is much to be learnt from aboriginal sustainable land management practices of the past that can be used to correct the rapidly increasing land pollution from chemicals, pesticides, litter and fracking and the loss of land productivity from profit driven farming methods.
  • The house is a basic need of both the individual and the family, therefore it should not be owned by others. The Great Australian Dream supports the concept of home ownership and believes the best way to achieve this is by ending financial advantages to landlords and speculators. The financial advantage is commonly called 'Negative Gearing'. And secondly ensuring that mortgage credit is available to young families through State Public Banks.