TAXATION RELIEF

Ashburton Guardian, Volume 55, Issue 293, 24 September 1935, Page 5

TAXATION RELIEF

THE COMMONWEALTH BUDGET.

SALARIES PARTLY RESTORED.

(United Press Association—Copyright)' CANBERRA, September * 23.

The Federal Budget was presented in the House of Representatives to-night by the Treasurer (Mir R. G. Casey) who emphasised that the Government intended to continue its policy' of sound finance and economic stability. <of rev- ; eiiue. In 1931-35 revenue amounted to r £61,702,482, and expenditure amounted to £60,991,277, leaving a surplus of; . £71,205. The estimated revenue; for the. i current year, allowing fbr thfe eontemplated remissions in taxation and other . forms of relief, was £77,190,000, and the estimated expenditure £77,173',000. Mr Casey said that the Government intended to reduce the supertax on property income from 6 to 5 per cent; Sales tax exemptions would be extended, and the excite duties on tobacco and cigarettes manufactured wholly of Australian leaf wouldl he Ipw-; t ered. These remissions would amount to £510,000. There would, in addition, be a partial restoration of'the salaries; of public servants and the staffs ; of;; military and naval forces, .representing £90,000. The allowances of Ministers and members of. Parliament . would be. / restored by the sum of £3OOO. The Government estimated that tho second year of the defence plan would absorb £7,302,000. Unemployment had! been reduced... from 30 per cent, in 1932 to 16 per cent at- the present time. > ' The Government! s grant for trade publicity abroad would be increased to ‘ £25,000. .... Mr Casey announced a comprehensive plan for the development of aviation, better marketing facilities, and Government aid for necessitous farmer's and orchardists. : / :

CHALLENGED BY LABOUR.

MOTION OF CENSURE MOVED. CANBERRA, September 23. Mr H. Forde (deputy-leader of tho Labour Party, who is likely to succeed Mr Seullin),; speaking in the House of Representatives this afternoon, gave notice of a motion of censure on the Government owing to its failure to call Parliament together for more than 39 days in 12 months, its failure to embark on a bold policy in dealing with tho unemployment problem on a national basis; its failure to deal with the drift in the'overseas trade balance, and its plan for the relief of primary producers. The Federal Labour Party to T day unanimously decided to urge Mr J. H. Seullin to reconsider Iris decision to resign the leadership. It is understood, however, that Mr Seullin is unlikely to retract, owing to the unsatisfactory condition of his health.