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Gloucester Advocate in Gloucester, New South Wales

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Gloucester Advocate

Location

Gloucester, New South Wales, Australia

Date

Dec 11, 1931

Page

1

Inflation fears and tax deficits cited in cabinet notes

The document cites Scullyn and Theodore warnings from 1923 to 1930 about inflationary policies, currency depreciation, and cascading effects on wages, savings, and property. It references cables between Scullin, Lyons, and other figures, noting deficits and tax measures tied to labor and trade balance.

Lyons Thetobic Scullin Cable Theodore Queensland Britain N.S.W Bruce-Page

Government aims not to slash wages or pensions

The Labor government pledged on March 14 1931 at Brisbane that wage cuts would not target public service salaries or old age pensions. It cited reductions totaling 2 290 000 pounds for salaries, 1 800 000 pounds for pensions, and 1 300 000 pounds for repatriation allowances, with Theodore declaring no wage slashing campaign and no pension reductions for old pioneers.

Mar Theodore Brisbane

Bank merger set for December 15 under GSB and Commonwealth

The Executive Council approves December 15 as the amalgamation date of the GSB with the Commonwealth Bank. Depositors may draw up to 10 percent of old deposits starting Tuesday and on subsequent days. Individual withdrawals should be restrained to speed up release of credit balances and future portions. Old division accounts open from 10 a.m. on Tuesday for payout.

Executive Council G.S.B Commonwealth Bank

Also Mentioned on This Page

Garners Garner’s Gloucester Bere Cheia A. E. Smith I Russell & Smith Taree Baker & Pastrycook Whone H. Tull Gloucester 1 J. A. Lyons United Australia Party Australia Gloucester Electric Supply Company Ltd Urch ST Glouces Austalia Prime Minister's Department Treasury Cash Rush Cavanough's SANTA A. I. Cavanough Graham Timber Co’s
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