We stand to win back our nation with a combination of tax reforms, foreign investment reforms, business and community reforms. We will encourage and organise Australians to support one anothers innovative skills and hard work with our own capital and overseas capital invested on fair conditions, so we can compete in the world economy and win true economic & political freedom for all Australians.
FOREIGN DEBT
We will reduce foreign debt using the savings generated by the
AusEtax, not the sale of more assets like Telstra.
We will encourage the nation to embark on a debt reduction plan
incorporating all sectors of the community to plan the development of
businesses to help satisfy our needs without importing.
We will encourage Buy Australian Made and provide funding for
organisations which promote it eg AusBuy.
We will establish the economic and legislative framework for the
nation to address the foreign debt crisis economically, believing that
there is no political solution.
We will provide incentives for Australians to borrow in Australia to
stop the interest being paid offshore and adding to our foreign debt.
We will support companies which choose to manufacture in Australia
under license from overseas technologies rather than import the
manufactured products.
FOREIGN INVESTMENT
AusEtax will make it very attractive for foreigners to invest in
Australia. We will encourage foreign investment in businesses and land
in fair partnership with Australians (minimum 51% to Australians) and
which guarantees protection of our jobs and businesses or which assists
Australians to regain our businesses.
We support genuine joint ventures with foreign capital or expertise to
establish Australian made or owned enterprises.
We will stop foreign majority takeovers which fail these tests.
We will stop foreign majority takeovers of key employer enterprises in
our communities. Guarantees of continuing employment cannot be relied
upon.
The Foreign Investment Review Board will be given enhanced powers to protect our national interests and our jobs and ensure fair partnerships