Contempt of Commonwealth of Australia Constitution.
Commonwealth of Australia Constitution.
Chapter 4. Finance And Trade.
81. All revenues or moneys raised or received by the Executive Government
Commonwealth shall form one Consolidated Revenue Fund, to be appropriated
purposes of the Commonwealth in the manner and subject to the charges and
imposed by this Constitution.
82. The costs, charges, and expenses incident to the collection, management,
and receipt of
the Consolidated Revenue Fund shall form the first charge thereon; and
the revenue of
the Commonwealth shall in the first instance be applied to the payment
expenditure of the Commonwealth.
83. No money shall be drawn from the Treasury of the Commonwealth except
appropriation made by law. My quote; Does
not include finance to other countries.
92. On the imposition of uniform duties of customs, trade, commerce, and
among the States, whether by means of internal carriage or ocean navigation,
shall be absolutely free.
Why is the State of Victoria or any other State
or Territory charging Tolls on any
Road or Bridge on trade, commerce, and intercourse
by means of internal carriage, on all
trucks, semitrailer and cars are legislated to pay
tolls? Is ignoring Section 109.
98. The power of the Parliament to make laws with respect to trade and commerce
navigation and shipping, and to railways the property of any State.
Does this extend to the deepening by dredging of
Port Philip Bay and Weston Port Bay.
100. The Commonwealth shall not, by any law or regulation of trade or commerce,
right of a State or of the residents therein to the reasonable use of the
waters of rivers for,
conservation or irrigation. (Abridge; Deprive or Curtailment of rights.)
The State of Victoria or any other State or Territory
allows water trading of irrigation
allocations, to be bought and sold between land
Deregulation to be introduced on July 1 2007 will
see City based speculators who do not own
any land; buying water and trading it like stock
market shares and the Federal Government
are planning to tax water that falls on the roof
of your dwelling, is ignoring;
Chapter 5. Sections 100 and 109.
105. The Parliament may take over from the States their
public debts, or a proportion thereof
according to the respective numbers of their
people as shown by the latest statistics of the
Commonwealth, and may convert, renew, or consolidate
such debts, or any part thereof; and the
States shall indemnify the Commonwealth in respect
of the debts taken over, and thereafter the
interest payable in respect of the debts shall
be deducted and retained from the portions of the
surplus revenue of the Commonwealth payable
to the several States, or if such surplus is insufficient,
or if there is no surplus, then the deficiency
or the whole amount shall be paid by the several States.
105A.-- (1.) The Commonwealth
may make agreements with the States with respect to the
public debts of the States,
(a) the taking over of such debts by the Commonwealth;
(b) the management of such debts;
AOFM issues Interest coupons payable on Commonwealth
To explain the Reserve Bank's supply of money into
(1). Treasury issues Treasury Bonds to the Reserve Bank.
(2). Reserve Bank registers the Treasury Bonds then
places them for tender.
(3). the tenders are then accepted from highest yield
to lowest yield.
(4). Treasury Bonds are then placed with Austraclear
for trading on the Futures exchange.
(5). Treasury Bonds are then traded as 10 and 3 year
(6). Government, Reserve Bank and Commercial Banks
may then buy the Bonds.
(7). The Reserve Bank manages the amount of ES funds
available to banks by buying
Bonds to increase the
supply of such funds for business and public use.
The aim of the Reserve Bank domestic market operations
is to supply sufficient liquid funds,
Exchange Settlement (ES) funds, to the banking system
to maintain the cash rate around the desired
level; the interest rate on funds borrowed and lent
overnight by Commercial Banks.
Demand for ES funds by banks fluctuates from day to
day, mainly in response to anticipated
settlement obligations. This may include Loans and
Mortgages to business and individuals.
Each and every time a bank makes a loan (or purchase
Treasury Bonds), new bank credit is
created — new deposits — brand new money. Broadly
speaking, all new money
comes out of a Bank in the form of loans. As loans
are debts, then under the present
system all money is debt, please read the explanation
below in the;
Quick And Garren Notes On
Constitution, Page 1027, Note 460;
Section 115. A State shall
not Coin Money;
Coinage is a prerogative of the Crown. A State is
forbidden to coin money; it can not create
a metal currency; it can not give to metal any more
than to paper the quality of money.
The combined effect of this negation, coupled with
the operation of;
Part Five Powers of the Parliament Section 51, subsection
Currency, coinage and legal tender;
is that the coinage and legitimization of metal
money and in fact the regulation of the whole
of the monetary system of the Commonwealth, is exclusively
vested (authority) in the
Federal Parliament, as against the States.
That Parliament alone will be able to create money
and regulate it's value, as well as create
paper money, and regulate it's value. It's laws
of course will only be operative within the
Commonwealth and may, in accordance with the usual
practice, be reserved for Imperial
consideration, in order to maintain the uniformity
of coinage laws throughout the Empire.
Note 461, Section 115. Nor make anything but Gold
and Silver Coin a legal tender;
The provision of this section, that the States may
not make anything but gold and silver coin
a legal tender in payment of debts, would appear,
at first view, to authorize a State to make
gold and silver a legal tender, in the absence of
Federal legislation, and consequently to give
the States a concurrent power within those limits.
It must be noted, however, that gold and silver
can only be impressed with the quality of
money by Federal legislation, and Federal legislation
may withdraw that quality at any time.
Then the power of the States to make gold and silver
a legal tender would cease; gold and
silver metal can not be made legal tender until
it converted into coin;
it can only be converted into coin by the Federal