03 – Nullabor Railway + Commonwealth Bank – Jeremy Lee

How the Nullabor railway was builtĀ  debt free, interest freeĀ  “By utilising Australian notes in this manner the Commonwealth Government avoided debt, interest-charges and taxation”. (Hansard, Vol. 129, p. 1930) 9th edition page 5

The same financing can be done right now for any projects, roads, bridges, dams, refilling the Murray etc – debt free and interest free. Sec 51 – Constitution.

1 – Construction of the Nullabor Railway

2 – Story of the Commonwealth Bank –

Jeremy Lee Recorded in 2001