WORKERS' COMPENSATION ACT
EFFECT ON SAWMILLTNG INDUSTRY tl3v Electric Teleg'-apn.—Copy rig l ' t i (Australian & N.Z. Cable Association.) SYDNEY, This Day. The new Workers' Compensation Act is viewed with alarm by saw-millers nml timber operators generally. There is a probability that the majority will cease operations on Wednesday next, when the Act comes into force thus musing serious unemployment. The most serious aspect is the liability of millers for teamsters and other bush workers, who are contractors and therefore beyond the millers' supervision or control. One sawmiller in the Bellingen district who employs 22 men and makes industry decided to' close down :is he finds after paying the new insurance premiums amount in;;- to over £SOO that he will have practically no profits at all. Other millers will be similarly all'cctcd. The Retailers' Traders' Association has n"';stere„d ils own insurance company with a capital of £IOO.OOO. The manager of the company formed by the Chamber of Manufacturers, states that his company has resolved to reduce the disease rate from -ID/- per cent decided upon by the Underwriters' Association to .'lO/-. and will review the position at the end of six mouths, with n view to seeing if n further reduction in rates is possible.
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Bibliographic details
Nelson Evening Mail, Volume LXI, 26 June 1926, Page 7
Word Count
204WORKERS' COMPENSATION ACT Nelson Evening Mail, Volume LXI, 26 June 1926, Page 7
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