Sports goods savings
PA Wellington Tariff cuts will leave more than $2.8 million a year in sports players’ pockets, according to the Minister of Recreation and Sport, Mr Moore.
Last week’s Governmentordered cut in duties should leave sports people $2,879,303 more a year to play with, he said. That was the revenue raised between July 1, 1984 and June 30 this year in duties on sports equipment,
on which tariffs had now been cut.
If the spending patterns of that period were followed this year, tennis, badminton and squash players would save more than $1.38 million on their rackets alone, Mr Moore said.
Tennis ball buyers would save $358,258. Over-all savings on tennis, croquet, hockey, polo, .softball, baseball and squash balls would be $443,220. Skiers would also be big
beneficiaries, with duty cuts 0f.5630,767 on snow skis and poles. . ' Duty cuts on billiards equipment would add up to $78,846.
Hockey players would save $107,788 on sticks alone, and grass skiers would pay $47,457 less in duty on their equipment, including skis, face masks and body protectors. Tenpin bowlers would also be big savers — $22,095 a year on bowls and pins.
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Bibliographic details
Press, 24 December 1985, Page 4
Word Count
190Sports goods savings Press, 24 December 1985, Page 4
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