Budget tax changes move to raise company rates
Mr Snedden outlined proposed rises in company tax, shifting from the current first £10,000 of taxable income to higher rates for both public and private companies. Personal income tax and education deductions would change, with higher levies on cigarettes, fuel, and motor fuels. Also planned are changes to superannuation fund taxes, licence fees, marine navigation charges, and the Pharmaceutical Benefits Scheme to boost revenue for the 1970-71 and 1971-72 periods.
New Speedex 12 welding electrode for do it yourself use
Speedex 12 is a versatile welding electrode suited to rural arc welders and small low voltage machines. It covers farm repairs, gates, ramps, and sheds with easy vertical down use, high metal deposition, low moisture uptake, and quick, economical performance backed by Murex Pty. Ltd. in the Southern Hemisphere.
MENTIONED IN THIS ARTICLE
Murex Pty. Ltd
Government weighs steps to curb inflation and unrest
In a budget speech Mr Smedden argues that direct measures to combat inflation are limited while cost pressures from industry unrest rise. He notes rising working days lost, calls for strengthening arbitration, and promises close monitoring to avoid worsening demand and price increases. The aim is balanced growth and shared living standards.
MENTIONED IN THIS ARTICLE
Smedden
Preate
Australia Faces Mixed Results in Aid Budget
Australia's official aid program shows a modest rise totaling 186 million dollars, up from 176.7 million, with bilateral aid up about 5 percent and multilateral aid down to 8.5 million. The budget notes potential additions from international bodies and preserves a 1 million refugee relief grant, while Papua New Guinea funding shifts from 39 million to 40 million.
MENTIONED IN THIS ARTICLE
Australia
South-East Asia
Papua New Guinea
International Development Association
Indus Basin Development Fund
Asian Development Bank
East Pakistan
Snedden
France
Also Mentioned on This Page
Tanberra Co-Operative Permanent Building Society Limited
P.O
Civic Square
Itians
Nalional Broadcasting
Televiion
Mount Vierage
Commonwealth
Nupex Pty. Ltd
Bourke Road
Commercial Electric Pty. Ltd
Canberra
Alan Hulme
Spensoneres
O'Brien
Frank G. O'Brien
Canberra Avenue
Fyshwick
A.C.T
John Gill
Jamison Shopping Centre
Macquarie
NHS
Quikleen
Jamison Continental
Toni
Jamison Centre
Jamison
Holden
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