LATE CABLE NEWS
AUSTRALIA'S EXTRAVAGANCE
OUTSPOKEN AUDITOR-GENERAL, (Received 11 a.m.) CANBERRA, This Day. The Federal Auditor-General in hisannual report is particularly outspoken on Australia's' extravagance. He says the people are living beyond their means, and mortgaging their future, while, strikes, lock-outs and failure to perform a fair day's work had r necessarily added to the cost of production. He advised the people to curtail pleasures and luxuries, referring particularly to imported cars, and expen- • sive apparel; to reduce the consumption of liquor, and eliminate the mid' week horse and pony racing. He also directed attention to the unduly large sums spent at theatres and cinemas, a large percentage of which money went out of .the country. He finally deprecated the largo amount of capital sunk in new companies of the mushroom and wildcat variety, which gave a living to parasites the whole year round.
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Bibliographic details
Waikato Independent, Volume XXX, Issue 2310, 13 March 1930, Page 5
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144LATE CABLE NEWS Waikato Independent, Volume XXX, Issue 2310, 13 March 1930, Page 5
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