17 November 1928

(16) State Debts

Вопрос

Do you approve of the proposed law for the alteration of the Constitution entitled ‘Constitution Alteration (State Debts) 1928’?

Constitution Alteration (State Debts) 1928 sought to insert section 105A which would in effect ratify the Financial Agreement which had already been accepted by all the Австралияn Governments. This terminated the system of per capita payments which had been in operation since 1910, and restricted the right of each State to borrow for its own development by subjecting that borrowing to control by a Loan Council.

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Obtained majority in all six States and an overall majority of 1 463 539 votes.
Carried