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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Oct 05, 1933
Page
4
The leader of the Country Party Dr Earle Page congratulated the Government on the budget with tax reductions but warned that three quarters of the past surplus remains unspent. He urged full remission of taxation to boost employment and warned of further needed reductions to reach pre-low mood figures.
The Restoration Budget sent by Prime Minister Lyons earns praise in Sydney as tax reductions total 7.5 million pounds. The debate highlights new ministerial appointments and Australia joining the League of Nations non permanents. Public reception in New South Wales is upbeat with spectators and officials supportive of the plan.
Unsettled conditions with rain and thunder storms are forecast for Canberra. Winds shift from north east to north west as storms move through the region.
Canberra notes reveal barometer around 8.20 inches and max 24.2C with min 4.5C. Rainfall records for the year list monthly totals for Irrа and Queanbeyan, showing cumulative totals and notable months through October.
Senator Pearce told Senator Hardy in the Senate yesterday that prompt House consideration of the Pequesta measure was unlikely. A read of the Tariff Board report on primate and exchange would precede a third reading, with a fortnight or more before action.
In parliament yesterday the government leader stated no agreement is in sight between the Commonwealth and chief leaseholders in Australia regarding large particle settlements. No progress was expected on the matter before year end.
The budget speech by R. Lyons presents a restoration budget to revive industry and curb unemployment. It highlights successful conversion loans, a return to open market funding, and broad tax reductions including indirect taxes. Public service salaries and pensions face restraint, with calls for automatic pension adjustments and a long term national fund.
Opposition leader J A Scullin denounces government deficits in 1993-34 and 24-85 while noting a tax cut surpassing 7 million pounds a year. Boullin accuses the budget of favoring wealthy interests and neglecting the unemployed, urging fair distribution.
Government moves to pass three budget bills in one day to implement tax reductions and stamp duty relief. The Premier secured suspension of the ordering of the day, while the Assistant Treasurer introduced a machinery bill for income and wages tax assessment. Debate touched on press reports about extending parliament life and interstate stamp duty comparisons.
Government defers implementation of the Tariff Board report on primage and exchange for six months, citing the protective effect of exchange and primage and acknowledging a need to relieve production comics amid the delay.
The Vice President of the executive Council Senator McLachlan told the Senate the Canberra Supreme Court bill marks an important legal development. It would mirror state machinery with a petty sessions court, a Supreme Court, and the High Court of Australia, appointing Judge Jukin as the first Canberra Supreme Court judge with no extra pay, and no extra court officers needed.
The Tariff Board report tabled in Parliament analyzes the impact of exchange and primage on goods under the British Preferential Tariff. It notes that the United Kingdom and Canada are the main countries to gain admission under these terms, while New Zealand’s role remains dependent on costs and parity.
Sydney reports the Federal Government prepared legislation to seize control of cable and beam services in Australia. Aims to proceed only after agreements with English companies are reached to avoid potential communications cuts.
The text analyzes proposed British preferential duties affecting trade with Australia. It notes that wider competitive fields could prevent Australian manufacturers from gaining undue protection. It outlines a plan reducing tariffs by up to 17 percent through exchange adjustments and primage remissions, with a 50 percent or higher deduction basis.
Melbourne reports meat exporters have cancelled thousands of feet of cargo space due to a dispute with slaughterhouse workers. The strike delays threaten the start of the export season though progress on chilling has improved plus shipments were prepacked in expectation of uninterrupted trade. If the dispute ends, shipowners primary producers and workers fear losses from stalled handling at stores and docks.
The Senate may adjourn for a fortnigh after Supply and New Works bill. Sir George Pearce announced that adjournment would depend on House passage before Friday. If timing allows, no further legislation would occupy the Senate until Budget bills arrive from the House. Senate adjourned at 4:45 p.m. to 1?15.
The State Cabinet approved a conversion loan by the Rural Bank to redeem the earlier £1,012,000 loan issued about ten years ago. The new loan is £1,000,000 at 4 percent to October 21 at par. £12,000 to be discharged by the Government. No new money involved, says Assistant Treasurer Mr. Hopner.
World Service and other information sources are commended for their thorough compilation of overseas intelligence. The report notes broad rights in Australia and New Zealand and highlights ongoing coverage.
A French pair, Assolant and Lefevre, leave at 5 45 am to break the nonstop Rangoon air record. They carry 1900 gallons of petrol in the attempt aiming for a new endurance milestone.
A meeting of the Patent Attorneys Examination Board will be held in the Hearing Room of the Commonwealth Patent Office in Acton Canberra on Saturday October 7 1983. Visiting members include G A Watson and patent attorneys Le Pfartrier Davies and Sigmont with Canberra residents Knowles Wallach Teece Lougton. The board secretary is Charles Gibson. The board was established in 1904 and conducts annual examinations in November focusing on legal and technical subjects.
Prime Minister Lyons welcomed Canberra members of the United Australian Party and spoke of a forthcoming session. He announced a new appointment to the Ministry and praised Sir Walter Massy Greene for his work, noting his cabinet service and Senate status.
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