Chapter 467: Raising Income
After the ceremony, Arthur publicly announced the formation of the Noble Consortium, which would be managed by the Royal Consortium and only allow new nobles to invest.
As long as you become a noble in Australasia, you will receive a basic share in the Noble Consortium.
Generally speaking, the underlying shares owned by Jazz are guaranteed to pay dividends of at least $500 per year.
The Baron's base stake is eligible for an annual dividend of $1,500, $5,000 for the Viscount, $12,000 for the Earl and $50,000 for the Duke.
If the annual profit of the noble consortium is not enough to pay dividends, the royal consortium will sponsor to ensure that each nobleman receives his own dividends.
From this provision, it can be seen that the Noble Consortium is actually Arthur's institution that pays all the new nobles, and can unite the interests of all the new nobles.
After all, the new aristocracy of Australasia did not have any fiefdoms, and naturally there would not be states as large and small as the European aristocracy.
Therefore, the Noble United Consortium is also considered a benefit for all new Australasian nobles, and as long as they become nobles, they can receive a large amount of dividends every year.
In order to ensure that the Noble United Consortium has sufficient profitability, Arthur directly injected $5 million into the Noble United Consortium on behalf of the Royal Consortium to help the Noble United Consortium make better investments and construction.
At the same time, the Noble United Consortium will also establish an exclusive Noble United Bank to serve these new nobles. The aristocracy had a lower interest rate on loans at the Noble Union Bank, as well as a higher loan amount.
In this way, the treatment of the new aristocracy instantly crushed most of the class, after all, nothing was done, and the dividends obtained from the United Consortium alone were enough for a knight to live a rich life.
But most of the people did not envy or resent this, after all, Arthur also promised that no matter what class, as long as he made outstanding contributions to the royal family and government, he could be awarded a title of nobility.
This includes accumulating military exploits, engaging in scientific research, and even all aspects of Australasian society. As long as there is a significant contribution to the country and the royal family, becoming a new aristocrat is no longer a fantasy.
In addition to broadening the channels for people to be promoted to the nobility, the improvement of the people's existing living standards is also the top priority of Arthur's plan.
It is better to be practical than to draw a pie, and this is the theory of implementation in all of Arthur's policies.
After announcing the policy of the aristocratic consortium, Arthur immediately announced that various subsidies would be issued to promote the increase of people's income, encourage major factories to increase the level of wages and benefits of workers, and carry out a new round of subsidy policies for low-income people.
At present, the per capita annual income of Australasia has reached 55.21 Australian dollars, and it is rare for the per capita income of Australasia to continue to increase under the premise of a general decline in the per capita income of European countries.
However, compared with the United States, which was not affected by the war, Australasia's per capita income level is still relatively low, and the attraction of immigrants is much lower than that of the United States.
Arthur, as the monarch of Australasia, was happy to see the country's government revenues grow, but he was equally happy to see the people's incomes grow.
Among other things, the increase in people's income can affect the growth of the industry economy and tax revenue, which is equivalent to feeding back to the government in another way.
The inflow of large amounts of money into society can accelerate the growth of the Australasian economy, driving growth in GDP, tax revenues, all walks of life and even tourism, which is beneficial to Arthur.
Perhaps some of the funds will be lost for this, but the promotion of all walks of life in Australasia in exchange for it, as well as the people's love for the government, which cannot be replaced by huge funds.
Sure enough, after hearing Arthur's announcement that he was going to increase the income of the people, almost all the people erupted in earth-shattering cheers.
The cheers of the people at the previous ceremony were for the government and Arthur, and for the new nobles.
But now, the cheers of the people are to rejoice in themselves, to be in such a great country, to have such a great monarch.
Throughout the ages, there have been countless monarchs with great talents, but there are not many monarchs who are truly dedicated to the people and can truly care about the interests of the people.
Perhaps these monarchs can be collectively called Ming Jun and Great Monarch, and only the people who have experienced it know what kind of love they have for such a monarch.
It is no exaggeration to say that in Australasia, as long as someone denigrates Arthur in public, he will not leave Australasia alive.
After the sealing ceremony, there were also rewards for all the meritorious soldiers. While most of the soldiers did not accumulate credit to the point of receiving knighthoods, many of them still deserved to be rewarded by Arthur himself.
In addition to nearly 200 knights and 19 barons, Australasia has also produced more than 400 medal recipients to commemorate the great contribution of Australasian soldiers in this war.
According to the statistics of the agriculture department, the land divided this time is as high as 400,000 acres, which is a full 1,600 square kilometers of land.
Fortunately, Australasia is vast and sparsely populated, and there is enough land to divide it. 400,000 acres of land is not worth mentioning compared to the total land area of Australasia
In addition to subsidizing factories, Arthur has also decided to provide subsidies and tax breaks for Australasian people who are engaged in agriculture and animal husbandry to ensure that the majority of Australasia's population can benefit from income growth.
Since the last time Arthur cut taxes for the people, Australasian taxes have been very low. In particular, the common people will only be charged personal income tax if their annual income exceeds more than 20% of their per capita annual income.
Even the miscellaneous taxes are very small for low-income people, but there are also various tuition fees and medical expenses waived, which is also a way to ensure that the living standards of Australasian people will not be greatly reduced under any circumstances.
At the end of the ceremony, there was a military parade that had not been held in Australasia for a long time.
Because this military parade is to celebrate the victory of the war, Australasia can be described as a combination of navy, land and air forces, tanks, aircraft, artillery and a variety of warships to show the strength of the Australasian army at home and abroad.
It is worth mentioning that not all of the Aboriginal soldiers who fought for Australasia were expelled from Australasia.
Before Australasia took over the colonies in Southeast Asia, there were still a large number of indigenous states and forces in the Dutch East Indies, and these indigenous countries also had considerable power, and these relatively powerful countries had completely independent military, administrative and diplomatic powers.
When Australasia occupied the land, it annexed the vast majority of indigenous tribes, but also reserved a very small number of indigenous powers.
On the island of Sulawesi, there were originally five indigenous forces of the Wando tribe, the Manda tribe, the Ruu Sultanate, the Gowa Sultanate and the Toracha tribe, but after the integration of the Australasian government, the southern Sultanate of Halo and the Sultanate of Gowa were finally left to govern all the indigenous population of the entire island of Sulawesi.
Some of the yellow natives were placed in the two sultanates, where they would become inhabitants and await Australasian recruitment.
To put it simply, these indigenous populations were the source of the Australasian Aboriginal army, the cannon fodder for the Australasian army's charge during the war.
The indigenous population transferred to the two Sultanates is estimated at 2 million, and with the addition of the original indigenous population of Sulawesi, the indigenous population under the control of the two Sultanates has reached more than 5 million.
This also meant that these indigenous populations could become an army of millions at any time to fight for the Australasian army if Arthur wanted to.
In return for these natives, Arthur promised to leave them enough land and would not drive them out again.
Of course, the two sultanates in which these indigenous populations are located must unconditionally obey the orders of the Australasian government.
These indigenous populations are also not recognized by Australasia, but they are entitled to a portion of the benefits that ensure their loyalty to fight for Australasia.
For the more than 5 million yellow natives, Arthur gave his own commitment. As long as they have done enough meritorious service, they can be recognized by the Australasian government as an honorable Australasian citizen.
Although the conditions for obtaining citizenship are more stringent, these yellow aborigines are much more likely to acquire nationality than those of the black aborigines of New Guinea.
Arthur was stunned to dismiss all the millions of black natives on the island of New Guinea, and Arthur's attitude towards those black natives can be seen. No matter how great their exploits, Arthur did not recognize them as Australasian citizens.
With the exception of these black Aborigines, there's nothing wrong with saying that Australasia is a diverse country of immigrants.
Although Australasia is predominantly European, Australasia is also welcoming to immigrants from Asia.
At present, more than 400,000 of Australasia's 18.67 million people are of yellow race, and the vast majority of them are immigrants from East Asia.
In fact, since the Qing government learned the Australasian government system, there has been a steady stream of East Asian immigrants coming to Australasia and living in this land permanently.
Some universities in Australasia have also become the target of many East Asian students, and Australasia is currently able to welcome dozens of East Asian students every year, and more than half of them choose to stay in Australasia after graduation.
As with many East Asian countries, Australasia is clearly a good choice for studying abroad.
First of all, Australasia's systems are highly similar to those of Europe, and the science and technology are also considered to be at the first-class level in Europe.
The distance between Australasia and East Asia is much closer than the distance between Europe and East Asia, which also saves a lot of money on studying abroad.
For all these reasons, many East Asian students choose to study in Australasia and then return to their home countries to serve their country.
Arthur also welcomes these people, after all, they can also open up the international profile of Australasian universities and increase the international influence of Australasia.
After these people return from studying in Australasia, they naturally have a deeper affection for Australasia than in other countries.
This is the advantage of Australasia, which can more easily attract many Asian countries.
Such a study abroad policy was fully used by many countries in later generations, and a large number of pro-themselves foreign forces were cultivated.
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(End of chapter)