FEDERAL FINANCES
RELIEF OP TAXATION. GENERAL REVIEW PROMISED. (Received 10.00 a.m.) CANBERRA, This Day. A definite promise of taxation relief in this year’s Budget was given by Sir George Pearce in the Senate. He said that the whole field of taxation would be reviewed in the forthcoming Budget to see in what matter the greatest relief can be. given. A definite promise that there would be a reduction in unemployment relief tax at an early date was made by the Premier of New South Wales, Mr B. S. Stevens, at the Loan Council meeting in Melbourne. He could not, however, indicate the probable expense of the reduction, or the probable date of its commencement. The proposal for the suspension of the sinking funds payments for the year was rejected by the Loan Council. It was determined that the aggregate deficits for 1933-34 would amount to £9,nno,ono.
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Northern Advocate, 9 June 1933, Page 5
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146FEDERAL FINANCES Northern Advocate, 9 June 1933, Page 5
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