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LEVY MADE ON WOOL

Australian Research Fund Canberra, May 15. A levy of 6d. per bale on all wool grown in Australia has been fixed by the Federal Government in its plan for wool research and publicity. The levy is expected to yield £60,000 a year. It was announced laet week that the Federal Government had decided to impose a sales tax of not more than 1/- per bale on wool 'to provide a research and publicity fund. The chief purpose of the fund will be to combat the menace in overseas markets of artificial wool and wool substitutes. In making • the announcement, the Prime Minister, Mr. J. A. Lyons, said that the Government proposed to collect the levy from growers and to pay it over to accredited representatives of the industry. A wool researcli and publicity committee which was to be set up would work in association with similar New Zealand. South African and United Kingdom organisations.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19360516.2.137

Bibliographic details

Dominion, Volume 29, Issue 196, 16 May 1936, Page 16

Word Count
158

LEVY MADE ON WOOL Dominion, Volume 29, Issue 196, 16 May 1936, Page 16

LEVY MADE ON WOOL Dominion, Volume 29, Issue 196, 16 May 1936, Page 16