Reductions in Income Tax To Begin July 1
Prime Minister and Treasurer announce sweeping tax cuts to start July 1 1946 in Canberra. New schedules liberalise pensions for invalids old age widows and reduce social service contributions from January 1. Pay as you earn deductions will begin falling about September due to implementation needs. Overall tax relief estimated at £17.5 million for the year 1946 22 per cent below wartime peak.
MENTIONED IN THIS ARTICLE
Canberra
Deenape Les Gapsats
J. B. Chifley
House of Representatives
Tax cuts urged as eye on postwar economic shift
Leaders debate a broad tax reduction plan aimed at easing the financial burden on pensioners and incentivizing production. The opposition warns that the proposed cuts may not be equitably shared, while supporters insist the measures will lower income tax and boost revenue through higher output, with targeted rebates for low income farmers. The debate centers on overall tax relief versus fair distribution and stimulus to growth.
MENTIONED IN THIS ARTICLE
Chifley
Chitey
Mamaten
Goremment
Junior Farmers IWMISPAML Special Session Draws Large Attendance
A special session of the Junior Farmers gathering titled IWMISPAML July 12 drew a larger crowd than the June meeting. President Mr G Blair attended with about 60 members present, while Mr C F Rudon sent apologies for absence and the chief engineer of Howard site cultivators gave a brief address. Mr ER Campbell also sent apologies and planned a talk on topical agricultural station development at Low Johnstone before the next meeting.
MENTIONED IN THIS ARTICLE
Iwmispaml
Mowryasanlar Pate Socaat
G- 5
Blair
Io the Hale
Promat
C.F. Rudaon
Howard Site Cultivators
YM Fie
MWD
Devise Au
ER Campbell
Meringaay
Low Johnnstone
Lee
Revised Taxation Schedule Compared With 1943 Levels
The Prime Minister announces a new taxation schedule outlining reductions in proposed deductions versus the 1943 schedule. The comparative statement notes changes in the proposed levy and addresses reductions across the tax schedule.
MENTIONED IN THIS ARTICLE
Mr. J. B
Atomic Energy World Control Report Drafted in New York
The American Atomic Energy Commission plans a review led by Dr. T. Y. Evatt of a sub-committee report. The privately chaired body faces disagreements as to juristic and technical approaches. The final recommendation aims to align with the United Nations Charter.
MENTIONED IN THIS ARTICLE
New York
Jety
T. Y. Evatt
Theatre Exhibitors Conference in Mackay
Theatre exhibitors in Mackay debated postwar film demand and industry expansion. Leaders from British, Hollywood, and regional groups discussed admission prices, competition, and new investment while endorsing free educational shorts and policy initiatives to guide future cinema growth.
MENTIONED IN THIS ARTICLE
Motion Picture Exhibitory’ Association
Mackay
Hew South Wits End
Gers
Morris
Gee
Morne
New Zealand
Can
Lmve
Hollywood
Queensland
Inflation fears rise as price controls urged by Truman
President Truman warned that without price controls inflation would worsen and threaten war profits. He backed government moves to curb rising costs as the Senate War Investigating Committee probes alleged war profiteering. The talk tied to broader actions by the administration and military leaders amid economic strain.
MENTIONED IN THIS ARTICLE
Steelman
Agsinat
Truman
Senate
Epee ¢ May
Tve May
Jone
Batavia
Mead
Britain Approval Vital For World Trade, Mackay Visit Noted
Delegates to a Mackay conference praised civic pride and amenities as they toured the progressive city. Visitors highlighted roads, streets, and orderly conduct, noting entertainment plans with television and other advancements.
MENTIONED IN THIS ARTICLE
Cty
Mackay
North Queens
Hale
Whitown
Mackey
Mlb MW Brivhawe
Experts Report to U S President on Atomic Test
Washington July 11 The American Associated Press reports experts told the President that one atomic test furnished adequate data enabling design changes to naval vessels to reduce damage from atomic bombs. The vast data will aid scientific and engineering fields and justify the test’s cost and effort. Further large-scale R and D is needed for U S leadership in science.
MENTIONED IN THIS ARTICLE
Washington
Associated Press
United States
Damage to ships from bombing tactics described by press
Fragmented wartime notes describe bomb damage to ships as unprecedented, detailing blast ranges and ship design changes. Observers note initial opinions that detonations were below par yet still caused extensive destruction, with reports highlighting explosion accuracy and nerve of tactics despite limited clarity.
Construction plan trimmed amid 1948 budget clash
A report notes officials propose drastic cuts to a 1948 construction programme. Specials to reduce costs are under review as the project faces funding shortfalls.
Palestine Situation and Military Court Sentences
Fragmentary report notes Sir Alen Cunningham ordered release of two Amor serving sentence in 1904. A foreign tte House statement and caramoes reference appear, with mention of a military court verdict in September 1904 for possession of arms and other charges.
MENTIONED IN THIS ARTICLE
Alen Cunningham
Guelgn
Caramoes
Palais
Foreign ministers fail to agree on Germany plans
At the Fi Ministers conference in London a Molotov led session, rejecting James F. proposed demobilisation commission. Molotov blocked reference to industrial plant inspections, while ministers agreed to two more meetings with a tentative plan for the second session.
MENTIONED IN THIS ARTICLE
Germany
Londok
M. Malotov
James F
M. Moletoy Ale
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Perseus
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World Control
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