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N.S.W, BASIS WAGE

FiXED BY BOARD OF TRADE. 3s PRR WEEK REDUCTION. DISSENSION ON THE BOARD. (United Press Association.) SYDNEY, OMolmr S. Al n special meeting of 11 ■■ ■ Ko.'ir<l of '[’mdc. the president announced I hat llio basic wove for ridnU ill fill' workers in New Sontti Wall's has been fixed a: rj 9<j_ a reduction of 3s weekly, lor dip ensuing year. Two members! of *he Board dissented, one favouring Hie retention of £-i as. and the other Ih'i fs. The chief factors which induced the Board to declare the reduction were the consistent fall in the prices of commodities during the past ten months, in conjunction with the present business dislocation and growing unemployment, and also the anticipated further fall in the prices of wheat, meat, butter and some other commodities. In view of these anticipated Calls, and nlher reasons, I lie Board recommends a quarterly, instead of Ihe present yearly review, so as to meet the contingencies of existing unsettled oonditions," which it. considers Ihe existing yearly fixation of wages fails properly to meet.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19211011.2.14

Bibliographic details

Waikato Times, Volume 94, Issue 14772, 11 October 1921, Page 2

Word Count
177

N.S.W, BASIS WAGE Waikato Times, Volume 94, Issue 14772, 11 October 1921, Page 2

N.S.W, BASIS WAGE Waikato Times, Volume 94, Issue 14772, 11 October 1921, Page 2

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