Media Room

ARM Media Statement - 20 October 1999

Republic will cost less - save on Royal visits

An Australian Head of State will cost less than the current constitutional monarchy, the Australian Republican Movement (ARM) stated today.

While the flag, our membership of the Commonwealth, our competition in the Commonwealth Games (Melbourne will host the Games in 2006) and public holidays will not change, what will change is that Australian taxpayers will save $10 million on the cost of each royal visit, which was the cost of the last visit by Australia's Head of State, the Queen.

In the future, while the English monarch and our future King if we vote to stay a constitutional monarchy, King Charles, will always be welcome in Australia, the frequency and length of his visits will be less because he will no longer be our Head of State. This will represent a significant saving.

The Prime Minister and leading monarchist John Howard, the Treasurer Peter Costello, the Minister for Finance John Fahey and Minister for Financial Services, Joe Hockey, have already said there will be no additional cost to taxpayers of becoming a republic and having an Australian Head of State.

These statements expose as absolute lies claims by the No case that the republic will cost up to $1 billion more. The facts are:

  • Private organisations which have the word "royal" in their title will be able to keep these as long as Buckingham Palace allows the title to be used by them - there will be no need to change names;

  • The currency will not be immediately changed. It may change over time as part of the normal review and update of the currency (as it does now), but the Minister for Financial Services, Joe Hockey, said this will cost no more than it does now;

  • Motifs and stationery will only be changed, where necessary, over time, when they need to be replaced or restocked. There will be no waste and no extra cost;

  • The President will have the same salary, staff, residences and office as the Governor General now has. There will be no additional costs;

  • There will be a $10 million saving on each Royal visit.

Authorised by Malcolm Turnbull, Australian Republican Movement, 60 Park Street, Sydney NSW 2000

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Australian Republican Movement 2001