Lang Hancock, The Australian, April 27, 1978, p. 8, as a letter to the editor.
Prior to the last election the P.M. said that $7090 million worth of new projects were ready to go.
Nothing has happened.
Your publication (April 17) says: “Private enterprise is planning to invest $6692 million in new projects.”
Nothing can happen. Why?
Because before “capital” will have confidence to invest any such figures in new enterprises in Australia, the Government will need to change course 180 degrees and return to the path of free enterprise. It must declare:
- An absolute guarantee of security of tenure right from the discovery through to its production stage.
- That there will be no more Fraser Island repudiations.
- That export licences will be dispensed with henceforth.
- That F.I.R.B. will be abolished and that there will be no restrictions on the amount of foreign ownership of raw resource ventures.
- That the variable deposit rule has been abolished.
- That there will be no more super-tax levies such as the 56 tonne levy on certain coal mining companies.
- That there will be no “resources tax.”
- That the Government will honour agreements henceforth and that retrospective tax legislation will not be countenanced.
- That mining (which is the basis of all civilisation) must not be molested by environmental considerations.
- Our internal cost structure must be lowered by an across the board tariff reduction, at least equivalent to the amount of devaluation of the dollar and the adoption of an instant inflation-curing scheme that I suggested at the International Press Institute’s gathering in Canberra.
These things are necessary if we are to shed our recently acquired reputation as a “banana republic” in which the Government can no longer be trusted.
We must regain our position of having a special relationship with Japan, otherwise we will inevitably lose out to Brazil.
In August 1972, I wrote an article headed “Why Brazil? Why not Australia?” Here’s why. The Australian of April 22, 1978 had a headline reading: Brazil poised to challenge our market. In other words, we are well and truly falling behind the in the international race for markets.
The problem is how to arrest our decline. Mr Fraser is obviously trying, but is powerless to do any good because it is not the elected representatives of the people that are the true Government of Australia. The power lies with the giant Canberra bureaucracy, the communist-controlled unions and the big manufacturing lobbies.
Short of the help of the media, there is no hope of restoring this power to where it rightfully belongs.
Here’s hoping you will do your part in persuading the Australian public and Canberra to bring about the reforms listed above. If we don’t return to the path of free enterprise, can you imagine anyone risking $5000 million in the North-West gas venture knowing that the Government at any time could cut off their export licence, as they did in the case of Fraser Island?
Can you imagine the hue and cry that would go up if the North-West gas investors made a profit even as low as bank rate interest on their investment, say $500 million per year?
The time for wishful thinking is over. It is time to educate the public to face facts.
- Ron Manners’ Heroic Misadventures
- Hancock's Australia
- Hancock on Government Help
- Wake Up Australia: Excerpts Part 1
- Wake Up Australia: Excerpts Part 2
- Lang Hancock's Five Point Plan to Cripple Australia
- Governments Consume Wealth — They Don't Create It
- Up the Workers! Bob Howard's 1979 Workers Party Reflection in Playboy
- Jump on the Joh bandwagon
- John Singleton and Bob Howard 1975 Monday Conference TV Interview on the Workers Party
- Governments — like a red rag to a Rogue Bull
- Lang Hancock's Pilbara-Queensland Railway Proposal
- Singo, Howard and Hancock Want to Secede
- Lang Hancock's Foreword to Rip Van Australia
- New party will not tolerate bludgers: Radical party against welfare state
- Small and Big Business Should Oppose Government, says Lang Hancock
- A Condensed Case for Secession
- Hancock gets tough over uranium mining
- Hancock's threat to secede and faith in Whitlam
- PM's sky-high promise to Lang
- Lang Hancock: "a catherine-wheel of novel suggestions"
- Govt "villain" in eyes of new party
- The spread of Canberra-ism
- Govt should sell the ABC, says Lang Hancock
- 1971 Monday Conference transcript featuring Lang Hancock
- Aborigines, Bjelke and the freedom of the press
- The code of Lang Hancock
- Why not starve the taxation monster?
- Lang Hancock 1978 George Negus Interview
- Party Promises to Abolish Tax
- Right-wing plot
- "The best way to help the poor is not to become one of them." - Lang Hancock
- WA's NCP commits suicide
- "You can't live off a sacred site"
- Hancock: King of the Pilbara
- Bludgers need not apply
- New party formed "to slash controls"
- Workers Party Reunion Intro
- Workers Party is born as foe of government
- Government seen by new party as evil
- Ron Manners on Lang Hancock
- Does Canberra leave us any alternative to secession?
- Bury Hancock Week
- Ron Manners on the Workers Party
- Lang Hancock on Australia Today
- Hancock and Wright
- Lang Hancock on Environmentalists
- Friends of free enterprise treated to financial tete-a-tete: Lang does the talking but Gina pulls the strings
- Lang Hancock, Stump Jumper
- Lang Hancock: giant of the western iron age
- The Treasury needs a hatchet man
- We Mine to Live
- Get the "econuts" off our backs
- 1971 Lang Hancock-Jonathan Aitken interview for Land of Fortune (short)
- Gina Rinehart, Secessionist
- 1982 NYT Lang Hancock profile
- Enter Rio Tinto
- Hamersley and Tom Price
- News in the West
- Positive review of Hancock speech
- Lang Hancock International Press Institute General Assembly speech, Canberra, 1978
- Australia's slide to socialism
- The Great Claim Robbery
- Why WA must go it alone
- Lang Hancock in 1976 on Public Picnics and Human Blights
- MILLIONAIRE PUTS MONEY BEHIND SECESSIONISTS
- Resource Management in Australia: Is it possible?
- The gospel of WA secession according to Lang Hancock
- Crystal Balls Need Polishing
- Minerals - politicians' playthings?
- John Singleton-Ita Buttrose interview (1977)
- Boston Tea Party 1986 style, hosted by Lang Hancock and Bob Ansett
- Singo says Lang Hancock violated Australia's 11th commandment: Thou Shalt Not Succeed
- Singleton: the White Knight of Ockerdom
- Tactics change by Hancock
- Lang Hancock complains to Margaret Thatcher about Malcolm Fraser
- 'Phony crisis' seen as 'child of politics'
- Lang Hancock on nuclear energy
- Lang Hancock beats the left at their own game on civil liberties
- Lang Hancock's Favourite Books
- 1977 Lang Hancock Canberoo poem
- Hancock's playing very hard to get
- Hancock proposes a free-trade zone
- An Open Letter to Sir Charles Court
- John Singleton 1976 ocker Monday Conference Max Harris debate
- Lang Hancock in 1984 solves Australian politics
- Lang Hancock on the Workers Party, secession and States Rights
- Lang Hancock asks what happened to Australia's rugged individualism?
- Precis of Ludwig Plan for North-West
- Announcement that Lang Hancock will be guest of honour at the Workers Party launch
- Lang Hancock's March 1983 attempt to enlist "former presidents of nations and heads of giant companies" to save Australia
- Lang Hancock asks us to think how easily environmentalists are manipulated for political purposes
- Invest in free enterprise
- Democracy is dead in Australia and Lang Hancock's education
- Lang Hancock Incites Civil Disobedience
- Hancock sounds call to battle Canberra
- Mining policy a threat
- Over Whitlam's head
- Lang Hancock suggests that newspapers don't give space to politicians unconditionally
- Lang Hancock on saving Australia from socialism
- Secede or sink
- Australia can learn from Thatcher
- John Singleton. Horseracing. Why?
- How Lang Hancock would fix the economy
- Lang Hancock: victim of retrospective legislation
- Lang Hancock supports Joh for PM
- Hancock seeks miners' tax haven in the north
- The Ord River Dam
- Why Lang Hancock invested in Australia's film industry
- Lang Hancock's 1983 letters to The Australian: Lang's precedent for Steve Jobs, renaming the Lucky Country to the Constipated Country, and more
- Australia's biggest newspaper insider on manipulating the media
- 1980 Lang Hancock-Australian Penthouse Interview
- Canberra: bastion of bureaucracy
- Pilbara can be the Ruhr for South-East Asia
- 1982 Lang Hancock-John Harper Nelson Interview
- Australian elections are one of the greatest con games in history
- Our leaders are powerless