Australia's borrowings and government debt

Ben Garrett made this Freedom of Information request to Treasurer

The request was successful.

From: Ben Garrett

Delivered

Dear Treasurer,

On December 3, 2013 the Federal Member for Gippsland the Hon Darren Chester stated in a letter that he would make representations on my behalf to the Treasurer the Hon Joe Hockey, in regards to questions I had raised in relation to Australia's borrowings and government debt.

I Herby request under the Freedom of Information Act 1982 existing documents,

(a) from the Hon Darren Chester to the Hon Joe Hockey in regards to Australia's borrowings and government debt.

(b) from the Hon Joe Hockey to Hon Darren Chester in regards to Australia's borrowings and government debt.

In an effort to assist you in locating relevant documents the questions that were to be raised were as follows,

(a) Does the Government of Australia have the constitutional power to issue money without debt, as an example does the Australian Government have the ability to create money without interest independent of a bank for the building of infrastructure?

(b) If the answer is yes then why does the Government of Australia borrow money from international markets or banks at interest, that then has to be paid back by the people of Australia via higher taxation?

(c) Why and for what purpose is the COMMONWEALTH OF AUSTRALIA listed as a company on the U.S. Securities and Exchange Commission in the United States of America?, with it's business address being listed as 1601 MASSACHUSETTS AVE NW C/O AUSTRALIAN EMBASSY WASHINGTON DC 20036

I also request that any charges in relation to this Freedom of Information request be waived, as the documents may contain information that would be in the public interest or of public interest.

Yours faithfully,

Ben Garrett

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From: Ben Garrett

Delivered

Dear Treasurer,

I request that any of my personal information including, address details ect be withheld from any documents you may find

Yours faithfully,

Ben Garrett

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From: FOI
Treasurer

Dear Mr Garrett

 

We have been advised that a letter was sent to you in response to a letter
you wrote to the Treasurer on 30 September 2013.  We understand that this
response answers the questions you raise in your recent FOI request.  A
copy of the letter was also sent to Darren Chester MP.

 

In view of this recent correspondence, we would like to ask if you wish to
still pursue your FOI request or if you would now prefer to withdraw the
request.

 

Could you please advise us of your intentions within the next 14 days. If
we do not hear from by 18 February 2014 we will deem the request
withdrawn.

 

Regards

 

FOI Team

Parliamentary and Legal Services Unit

Ministerial and Communications Division

The Treasury, Langton Crescent, Parkes ACT 2600

 

Phone:  (02) 6263 2800

Email:  [1][email address]

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From: Ben Garrett

Delivered

Dear FOI,

Thank you for your reply, I however do not wish to withdraw my FOI request made on the 23 January, and still request the information as stated in that request.

Yours sincerely,

Ben Garrett

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From: Ben Garrett

Delivered

Dear FOI,

Could you please advise me that you received my correspondence on February 4, outlining my intentions to still proceed with my original FOI request made on January 23 2014.

Yours sincerely,

Ben Garrett

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From: FOI
Treasurer

Dear Mr Garrett

Thank you for your email. We confirm your correspondence has been received outlining your preference to proceed with your original request.

Regards

FOI Team
Parliamentary and Legal Services Unit
Ministerial and Communications Division
The Treasury, Langton Crescent, Parkes ACT 2600

Phone:  (02) 6263 2800
Email:  foi@treasury.gov.au

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From: FOI
Treasurer


Attachment 1450 TSR Decision letter.pdf
20K Download View as HTML

Attachment Document 1 redacted.pdf
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Dear Mr Garrett

 

Please find attached a decision letter and document in relation to your
FOI request.

 

Kind regards

 

FOI Team

Parliamentary and Legal Services Unit

Ministerial and Communications Division

The Treasury, Langton Crescent, Parkes ACT 2600

 

Phone:  (02) 6263 2800

Email:  [1][email address]

 

 

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