Our money system is dishonest and based on debt right-blue-16 We will make it honest
Our tax system is a burden right-blue-16 We will simplify it
Price inflation is a stealth tax right-blue-16 We will protect your savings
Our national sovereignty is being eroded right-blue-16 We will restore it
Our government is in debt right-blue-16 We will reduce it
Our government ignores the will of the people right-blue-16 We will make them listen
Our manufacturing has moved offshore right-blue-16 We will return it
Our hospitals are overcrowded right-blue-16 We will fund them
Electricity and water is becoming unaffordable right-blue-16 We will make it affordable
Our personal rights are being confiscated right-blue-16 We will enshrine them
Our environment is being destroyed and poisoned right-blue-16 We will preserve it

For the truth is, that the supreme, absolute and uncontrollable authority, remains with the people.

The framers of the Australian Constitution

Australian sovereignty means that only the Australian government has supreme authority on our continent - and that the source of this authority rests with the people of Australia, who must give their consent to being governed.

Australian sovereignty is under threat from the following:

  • International treaties.
  • Corporatism.
  • Government ignoring the people.
  • Privatisation of our money supply.

Only the ASP will address these issues - which if left unchecked will continue to result in job loses, the closure of factories, higher taxes, higher inflation, higher debt, laws that favour special interest groups and unaccountable politicians.

Sovereignty Policy

Our whole monetary system is dishonest, as it is debt-based… We did not vote for it.

The Earl of Caithness
Speech to the House of Lords
1997

Most of our money in Australia is created by private banks. We have to borrow this money in order to have our national currency. The consequence of having this "debt based" money system is:

  • Tax rates will always increase with time.
  • Prices will always increase with time.
  • Household debt will always increase with time.
  • Government debt will always increase with time.
Introduction to Positive Money in less than 3 minutes...

The ASP Monetary Policy is to have our government create all the money that is used within our economy, and to spend it into circulation.

This policy was tried in the past on the Isle of Guernsey and it worked magnificently. If we implement this policy in Australia - tax revenues can be reduced by 28%. Additional benefits are:

  • Government debt will be paid off.
  • Price inflation will be reduced to zero.
  • Tax rates will be slashed.
  • GDP will increase.
  • Infrastructure will be upgraded.

Honest Money Policy

The art of taxation consists in so plucking the goose as to get the most feathers with the least hissing.

Jean Baptist Colbert

Below are a few of the things that are wrong with our tax system:

The ASP Tax Policy will replace all 125 taxes (except for Customs and Excise Duties) with a single Debit Tax. This tax will  tax your expenditure - not your income.

This Debit Tax is:

  • Fair - it will apply equally to individuals and companies.
  • Simple - the act will be no more than 50 pages long.
  • Cost effective - it will not require any accountants.
  • Adequate - it will raise all the revenue required.
  • Transparent - there will be no "hidden taxes".
  • Unavoidable - nobody will be able to rort the system.

Fair Tax Policy

I am afraid the ordinary citizen will not like to be told that the banks can and do create money.

Reginald McKenna
Past Chairman of the Midland Bank


The ASP is not "anti-banking" - we recognize that banks play a vital role in our economy. However, banks have usurped a key role of our government, and the situation can be remedied by applying this basic principle:

There must be a separation of banking and government.

Banking is the business of:

  • Accepting deposits.
  • Lending money that has been deposited.
  • Providing financial services.

Government must be responsible for:

  • Protecting our inalienable rights.
  • Creating our national currency (i.e. money).
  • Maintaining the value of our money.

The right to create our national currency is the sole prerogative of our sovereign government. Unfortunately, this right to create our money supply has been privatised.

Banking Policy

The banks do create money. They have been doing it for a long time ... and they did not admit it.

H. W. White
Chairman of the Associated Banks of New Zealand
New Zealand Monetary Commission - 1955

Here are some facts about the RBA:

  • It is a Commonwealth Authority.
  • It does not lend money to the government.
  • It does not create or issue our coins in circulation.
  • It sells paper currency for commercial bank money.
  • It does not control the quantity of money in circulation.
  • It sets the interest rate for "RBA money" - not "commercial bank money".

rba-buildingThe primary role of the RBA is to set monetary policy - which it does by fixing the "cash rate". In reality - the government has given to a group of unelected people from industry, the right to set the mortgage rates of all Australians.

The ASP will ensure that our government reclaims its sovereign right to create our money supply, and that the following limited duties are delegated to the Reserve Bank:

  • To accurately measure monetary and price inflation.
  • To physically create our money supply (paper, coins and digital).
  • To control the quantity of money in circulation.
  • To limit this quantity relative to price inflation.
  • To place new money into the Consolidated Revenue Fund.
  • To allow the market to determine interest rates.

Reserve Bank Policy

Our Vision

The Australian Sovereignty Party believes that Australia should be a united, democratic and sovereign nation - standing on a firm foundation of truth, freedom and justice for all.

au-flag  More for workers than Labor.
    au-flag  More for business than the Liberals.
        au-flag  More for farmers than the Nationals.
            au-flag  More for the environment than the Greens.

 

 Australia

 

 

 

Why you should vote for the ASP

Below is a summary of our policies. For details on any individual policy - use the menu above.

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  • One simple and fair tax - applied to all.
  • An honest money system.
  • Protection of natural rights.
  • Small and efficient government.
  • Elections to recall rogue politicians.
  • High quality health care and education.
  • Better rural development.
  • Genuine environmental care.
  • Freedom of speech and association.
  • No GST and no personal income tax.
  • No carbon tax.
  • No government debt.
  • No ignoring the will of the people.
  • No more jobs leaving Australia.
  • No privatisation of public assets.
  • No treaties without a referendum.
  • No "wide open" borders.
  • No government control of the Internet.

 

 

 

Benefits of the ASP Monetary Policy

The benefits of the ASP Monetary Policy are financially quantifiable. The Research Department at the International Monetary Fund ran a computer model and determined that if the government created all money and banks were limited to lending existing money - then the following will be the result:

  • GDP will increase by 10%.
  • Price inflation will drop to zero.
  • Government debt will be dramatically reduced.
  • Personal debt will be dramatically reduced.
  • Business cycles will be smoothed out.

In a similar report Professor Yamaguchi also ran a computer model and concluded that if the government created all of the money in circulation - then the following will be the result:

  • GDP will be higher.
  • Price inflation will be lower.
  • Government debt will be eliminated.
  • Taxes will be lower.
  • Income will be more fairly distributed.

 

 

 

Become an ASP member

peopleIf you believe in our policies - show your interest in making Australia better place by becoming an ASP member. By registering - you enable us to register the ASP as a political party. Once registered - your voice cannot be ignored.

Being an ASP member does not mean you have to become an active supporter or attend any of our meetings. What it does mean is that you are raising your hand and saying "I want a new and better choice for Australia". There is no obligation on you after that, and you can still vote for whomever you want.

Become a member by signing up here.

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Videos - Featured

Message from the President - Nik Maljkovic.

What is money

What Is Money ?

Why banks make so much money

Why Do Banks Make So Much Money?

Why is there so much debt

Why is there so much Debt?

Simple solution to debt crisis

Introduction to Positive Money in less than 3 minutes...

Banking 101 (part 1)

Misconceptions around Banking - Banking 101 (Part 1 of 6)

Banking 101 (part 2)

What's wrong with the money multiplier? - Banking 101 (Part 2 of 6)

Banking 101 (part 3)

How is money really made by banks? - Banking 101 (Part 3 of 6)

Banking 101 (part 4)

How much money can banks create - Banking 101 (Part 4 of 6)

Banking 101 (part 5)

Do banks create money or just credit? - Banking 101 (Part 5 of 6)

Banking 101 (part 6)

How money gets destroyed - Banking 101 (Part 6 of 6)

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Donations

Name: Australian Sovereignty Association
BSB: 013 412
Acc: 90 33 555 15

Cheques and money orders to:

Australian Sovereignty Party
PO Box 56
Kingsville
VIC 3012

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