Australia -- Politics and government; Great Britain -- Colonies -- Australia
Commonwealth is to be charged to the several States in proportion to
the numbers of their people, and any surplus of revenue over
expenditure is to be returned to them in proportion to the amount of
revenue raised therein respectively, subject to certain reservations
and to the right of the Federal Parliament, after {222} the imposition
of a uniform tariff, to prescribe the method of its disposal. The
Federal revenue is to consist of customs and excise duties and of
moneys raised by any other mode or system of taxation, but so that all
such taxation shall be uniform through the Commonwealth. The Federal
Parliament may also, "with the consent of the Parliaments of all the
States, make laws for taking over and consolidating the whole or any
part of the public debt of any State or States; but so that a State
shall be liable to indemnify the Commonwealth in respect of the amount
of a debt taken over, and that the amount of interest payable in
respect of a debt shall be deducted and retained from time to time from
the share of the surplus revenue of the Commonwealth which would be
otherwise payable to the State."[2] Certain other legislative powers
are vested in the Federal Parliament, which may concurrently be
exercised by the several States, and in such cases Federal shall
supersede State legislation. All subjects not exclusively vested in
the Parliament of the Commonwealth, or withdrawn from the Parliaments
of the several States, are reserved to, and shall remain vested in, the
State Parliaments.
The authority of the Senate in regard to Money Bills formed the subject
of much discussion, and was decided by a compromise which, it was
hoped, would satisfy both those who desired to secure the {223}
financial supremacy of the House of Representatives and the inhabitants
of the smaller States, who would naturally struggle for the rights of
the Senate in which they would be on a footing of equality with their
more powerful neighbours. The views of the former were met by the
provisions that "laws appropriating any part of the public revenue, or
imposing any tax or impost, shall originate in the House of
Representatives," and that "the Senate shall have equal power with the
House of Representatives in respect to all proposed laws, except laws
imposing taxation and laws appropriating the necessary supplies for the
ordinary annual services of the Government, which the Senate may affirm
or reject, but may not amend. But the Senate may not amend any
proposed law in such a manner as to increase any proposed charge or
burden on the people." The interests of the latter were safeguarded by
the four succeeding sub-sections:
"Laws imposing taxation shall deal with the imposition of taxation only.
"Laws imposing taxation, except laws imposing duties of customs on
imports, shall deal with one subject of taxation only.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account