By Andrew Mackinnon
All of the things in Australia that should be zero…
> Interest rates in Australia should be 0%.
Banks in Australia create money when they lend, constituting about 97% of the money supply in Australia, the remainder being physical notes and coins.
Therefore, in order to control the size of the money supply in Australia and thereby control the rate of inflation in Australia, the rate at which Australian citizens, businesses and not-for-profit entities borrow from the banks in Australia should be influenced by the Australian federal government directing the banks in Australia to increase or decrease the amount of money they lend to Australian citizens, businesses and not-for-profit entities as higher or lower multiples of their respective incomes, profits and operating surpluses.
However, it will be necessary for the banks in Australia to charge rates of less than 1% on all money that they lend in order to cover the incidence of borrowers defaulting on loans.
The banks in Australia should ultimately be publicly-owned by the Australian federal government on behalf of Australian citizens and consolidated into one bank, called the “Australian Bank”.
The Australian Bank should operate on a not-for-profit basis and should cover its operating costs by charging account-keeping fees and transaction fees, which should be restricted to the actual costs incurred by the Australian Bank to administer the accounts of Australian citizens, businesses and not-for-profit entities and to process the transactions of Australian citizens, businesses and not-for-profit entities.
> The Goods & Services Tax (GST) in Australia should be 0%.
> Capital Gains Tax (CGT) in Australia should be 0%.
> Taxes on the profits of businesses in Australia should be 0%.
The profits of businesses in Australia are distributed to the owners of these businesses (i.e. profit distributions, in the case of sole traders and partnerships, and dividends, in the case of companies) and are taxed in the hands of the owners of these businesses via income tax.
> The rate at which compulsory superannuation is paid by Australian citizens should be 0%.
Australian citizens earn the salaries and wages that are paid into compulsory superannuation on their behalf by their employers. Compulsory superannuation is therefore not a gratuity but compulsory confiscation of 10.5/110.5 equals 9.5% of the salaries and wages that Australian citizens earn, courtesy of school-leaver at the age of 14 years and Jewish (i.e. Edomitish) adherent of the Rothschilds-led synagogue of Satan (i.e. Satanist), former Australian Prime Minister Paul Keating.
> Stamp duty paid by the buyers of residential property in Australia should be $0.
> Land tax paid by the owners of land in Australia should be $0.
> The number of non-white immigrants who are allowed by the Australian federal government to move to Australia each year should be 0.
> The number of residential properties in Australia which are allowed by the Australian federal government to be owned by non-citizens of Australia should be 0.
> The number of non-citizens of Australia who are not tourists and who are not in Australia for some other legitimate reason (e.g. meeting with Australian citizens in government or business) and who are allowed by the Australian federal government to live in Australia should be 0.