BRIGHTER OUTLOOK

Southland Times, Issue 22040, 13 June 1933, Page 5

BRIGHTER OUTLOOK

BUSINESS IN NEW SOUTH WALES. (Per United Press Association.) Wellington, June 12. A passenger by the Makura from Sydney was Earl Beauchamp, Governor of New South Wales from 1899 to 1901 who is proceeding to Tahiti. Commenting on the economic position in New South Wales, Earl Beauchamp said he had spoken to some business men in Sydney and they were quite definitely of the opinion that although it was very small, there was a movement in the right direction. Business people were hopeful at present that although the indications were slight, they were definite beginnings in a change for the better.

NEW ZEALANDER’S VIEWS TAXATION CRIPPLING BUSINESS. (Per United Press Association.) Wellington, June 12. On his return from Sydney by the Makura, Mr C. M. Ollivier, of Christchurch, said he noticed two very interesting things during his brief stay in Australia, The first was the decision of the New South Wales Government that the Government Insurance Office was to abandon all business outside Government risks, whether fire, accident or workers’ compensation. Tire second noteworthy matter was the formation and registration as a company of a Bribery and Secret Commissions League which was said to have been brought into being “To wage relentless war on grafters,” basing its hope of effectiveness on propaganda in the first place and later perhaps on direct action by investigations and prosecution.

Mr Ollivier said he observed great improvement in the general business conditions since his last visit eight months ago. The turnover was increasing, but taxation was getting beyond the capacity of many business people.