AUSTRALIAN NEWS

Grey River Argus, 1 September 1917, Page 5

AUSTRALIAN NEWS

WAR PROFITS TAXATION,

AUSTRALIAN MEASURE,

Australian and N.Z. Cable Association; MELBOURNE, August 31. In the House of Representatives, the War Profits Bill was considered.

Sir John Forrest announced that a business was not taxed unless the profits exceeded ,£lOOO. Professions were excluded. AUSTRALIAN TAXATION NEW ZEALAND PLAN CON- ' V SIDER-ED. ; (Rec. August 31, 10.15 p.m.) MELBOURNE, ■ August 1 31. The House of Representatives. I- debated at length double taxation. The' Government promised to-^ consider ' a proposal to adopt the New Zealand plan, by which the highest of two taxes is levied; in regard to income earned, by British investors the tax, .to be equally divided between the tyro countries. PRICES OF COAL FIXED.' " > SYD2JEY, August 31 The Coal Board has recommended the fixing of the price of large coal f .0..b. at Newcastle 20s, small 15s. ; VERY VIOLENT' EARTHQUAKE: RECORDED AT RIVERVIEW. -, (Rec. August 31, 10. t. 5 pirir. ■■'■ SYDNEY, August 31. Tlhe Riverview seismograph - records an extremely violent earthquake in the viciriity of the Aru Island. N ■'■ ■■„.-.. (Our reference books' contain rid" mention of Aru- Island, but there is an Art Island in New Caledonia, and is probably the place referred to.)