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AIDING FAMILY MAN

Endowment Scheme In Australia (Received March 28, 5.30 p.m.) CANBERRA, March 28. Under the Child Endowment Bill, the second reading of which was moved in the House of Representatives yesterday by the Minister of Labour, Mr. Holt, about a million children will be eligible for an endowment of 5/a week. Mr. Holt explained that the essential provision was the payment of 5/- a week for all children under 10 years of age in excess of one child in each family. The cost of the scheme would be approximately £13,000,000, the major portion of which would be raised by a tax of 2} per cent, on wages paid by employers. The whole aim was to supplement the wages and income of the family man rather than tinker periodically with the basic wage, which at present was regulated by fluctuations in the cost of living. The Assistant Treasurer, Mr. Anthony. said that there was 100.000 fewer children under 15 in Australia than there were seven years ago. The Leader of the Opposition, Mr. Curtin, secured an adjournment of Hie debate.

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https://paperspast.natlib.govt.nz/newspapers/DOM19410329.2.87.15

Bibliographic details

Dominion, Volume 34, Issue 157, 29 March 1941, Page 11

Word Count
181

AIDING FAMILY MAN Dominion, Volume 34, Issue 157, 29 March 1941, Page 11

AIDING FAMILY MAN Dominion, Volume 34, Issue 157, 29 March 1941, Page 11

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