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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 21 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Oct 05, 1933

Page

6

Restoration Budget Aims Tax Relief and Pension Adjustments

The Government expects stronger companies to pass on relief to debtors and support employment as part of a broad budget plan. It proposes tax cuts up to £500 of personal exertion income, lowers excise on spirits, and links pension rates to an index with sixpence weekly variations per 100 index points within set bounds.

Australia

Government Proposes Wide Range of Tax Remissions

The proposal lists numerous duty and tax reductions including up to 4 330 000 in total indirect tax remissions. It covers primage duties, beer and liqueurs excise, tea duties, fortifying spirits, bengzol, crude oil, and sales tax exemptions. The plan aligns with Tariff Board recommendations to protect goods and adjust revenue.

Primage Duty Reductions Proposed by Government

The article outlines proposed cuts in primage duties across goods under the British Preferential Tariff, including a drop from 10 per cent to 5 or 4 per cent on various items, abolition of the 4 per cent ore duty on goods excluding newsprint, and a 10 per cent to 4 per cent reduction on printing papers and hessian. It mentions raising liquor duties and removing the 10 per cent primage on tea, with an expected public benefit and a £820,000 fiscal impact. It also notes fortifying spirit prices to aid wine growers and industry support.

Eta

Sales Tax Reduction Plans Include Wider Exemptions

A proposal seeks a one per cent cut in sales tax raising annual relief of £1,350,000. Exemptions from the Financial Relief Act 1932 will continue with no break, and new exemptions cover fresh fruit, dried fruit, fishing, mining, dairying, horticulture, and poultry farming. Overall relief totals £2,570,000 annually.

Government plans to end entertainments tax nationwide

The Government proposes abolishing the entertainments tax and leaving revenue collection to the States. This would cause an annual loss of £140,000. The Commonwealth could, with state consent, continue collecting existing State Entertainments Tax where currently done.

Commonwealth

Taxation Relief Under Budget Proposals

The presented Government outlines annual taxation remissions since taking office. It lists original budget proposals and November reliefs on property, land, and sales taxes for 1932-33 and 1943-34, totaling 9,500,006 pounds. The nine months effect of remissions in the 1928-84 budget is estimated at 5,440,000 pounds.

Revenue Summary of the Year Totals 68 580 000

The total estimated revenue after taxation remission amounts to 68 580 000. Details include Departments and General Services 200 000 Estate Duties 0 Entertainments Tax 50 000 Total Taxation 61 730 000 Miscellaneous 3 800 000 Ungertenians Post Office 12 and 1000 Railways 310 000 Territories 190 000 68 580 000.

Expenditure Estimates for Year 1935-34 and Budget Increases

The estimated expenditure for 1935-34 before special increases totals £68,544,000, a net rise of £828,000 from last year. Deductions include £2,250,000 set aside in 1932-33 for wheat-growers and agriculturists. Additional annual costs for special increases amount to £1,658,000, with a resulting budget charge of £1,212,000. The overall increase over 1952-33 is noted.

Mae Exec

Restoration of Financial Emergency Cuts

Mr Lyons argues restoring certain burdens while aiding pensioners war pensioners public service and superannuated Commonwealth employees with a maximum pension of 17/6 The weekly pension for inmates rises from 3/0 to 5/- and pensioner income plus pension cap moves from 71/10 to 76 per week The plan aims to cover the restoration costs and proposes amendments to the Royalid and Ovbeage Penalties law.

Lyons War Public Service Commonwealth Feng Pete

Government boosts old age pension rate to 17 0 per week

The Government increases all invalid and old age pension payments by 2 shillings and 6 pence per week, raising the weekly rate from 15/0 to 17/0. The change applies to all pensions under the scheme.

War Pensions Concessions Restore Aid to Families

Government explores restoring pension relief for dependents of deceased soldiers and certain ex-soldiers with low income. Under the plan, pensions resume when personal income falls below 30 shillings weekly or net assets under 200 pounds. Wives of initiated soldiers would see a 10 percent cut instead of 22 percent. Cost estimated at 248000 pounds.

Public Service Salary Reductions Set for Partial Reversal

The article outlines proposed changes to the Financial Emergency Act reducing salaries. It calls for repealing a clause that further cut officers who already faced cost of living deductions and recommends restoring pay by 2 percent from the base standards. Estimated annual cost of about £650,000 mainly benefits lower paid ranks.

Proposal to Restore Public Service Superannuation Cut

The plan seeks to restore the full reduction in the Commonwealth contribution to the Public Service Superannuation Fund. The annual cost of the restorations is estimated at £80,000.

Commonwealth Publi Service Superannuation Fund

Government to aid citrus exporters and tobacco scheme

Mr Lyons drew attention to the azalat proposal and the government plans to set aside £125000 to aid citrus fruit exporters. A further £20000 will be reserved for tobacco schemes as experts from the Commonwealth and States prepare a detailed plan.

Lyons Commonwealth

Summary of Expenditure Summary

The record notes that the costs and allocations have been explained earlier. It references prior detailing of expenses and adjustments without offering new figures or outcomes.

Defence funding shortfall prompts defence expansion plan

The text notes inadequacy in defence provision for several years and calls for urgent extensions of defence activities. It cites a total of £1,462,000 with principal items including naval construction and related projects, alongside an Australia improvement count of £200,000.

Australia

Urgent Fence Repairs Amid War Mobilization

The report notes urgent need for seawall and land air defenses to bolster Commonwealth serial defenses. It cites 438,000 people connected to munition factories, including 40,000 for a new Maribyrnong facility, with additional funds of 171,000 and 150,000.

Commonwealth Maribyrnong

New Works Revenue Increase Shows Major Departmental Gains

The total provision for new works out of revenue is £1,624,880, a net rise of £750,400. Principal increases include P.M. G.'s Department £368,728, Federal Capital Territory including War Memorial £56,760, and Department of the Interior £56,873.

P.m-G Federal Capital Territory War Memorial Department of the Interior Saaty

Expenditure Plan Details £1,178,000 Loan Bundle

The proposal outlines increased expenditure from the Defence programme plus 480,000 for submarine telephone to Tasmania 180,000 for Canberra housing and water supply relief works. Total loan expenditure for 1983-84 is £1,178,000.

Tasmania Canberra

Shipping Service To Tasmania Expanded And Modernised

Arrangements continue the fortnightly Sydney Hobart service during winter. Proposals seek to improve Melbourne Tasmania routes by replacing older vessels with a new steamer linking Melbourne to Launceston Devonport. An initial £10,000 has been provided to enable immediate improvements on the Melbourne west coast Tasmanian service.

Thea Sydney Hobart Melbourne Tasmania

Public Accounts changes in May 1932 estimates

The parliamentary select committee reviewed May 1932 reco and altered timates budget papers and outputs. It condensed department estimates by reorganizing salaries and salary details and grouping items to reduce unnecessary information.

Hamentary Select Committee Timates

Also Mentioned on This Page

ASPRO Ipewich Road Woollongabba Gertrude E. Casi Roseberry St Rozelle N.5 Littl Bey L. Williams Syd Wrigley’s Wrigley's Wrigleys W.T Tariff Board Bengzol TOTAL Sesnob Service Arnouts Dr. Morse Ney PAADE Neil Blates Shipping Service
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