AUSTRALIAN.

Hokitika Guardian, 30 November 1921, Page 1

AUSTRALIAN.

IUSTTIAI.IAN ASH N.Z. CADRE ASSOCIATION SHOWS RTG DEFICIT. SYDNEY. November 29.

]n the New South Wales Assembly Mr Taing delivered the Budget. He said that, from a carefully revised estimate, it was anticipated that til" war's revenue would he £31.82-1.1100; i,„d the expenditure (.‘fio.Bofi.ooo. Tn order to meet an estimated deficit of -Cl 979 000. it was proposed to increase the' income tax. so as to bring the total revenue to £.36.820.000. This should leave an estimated surplus of £17.000. . . , . Tbe oliicr cruises of u deficit kiul the need of the extra taxation have been the increased salaries to public, servants under the Board of Trade award these totalling £409.000. The fall in the revenue derived from the existing sources was 1482.000. There was a deficiency on the work of the railways of ■Ol 100.000. The income tax receipts have shown an estimate decrease contoured with the previous year of C 541.000. . fn regard to the railways. the Treasurer declared the position had been so serious that he delayed placing the financial position Indore the House until he bad exhausted all tlm means of ascertaining whether any possible improvements umld In’ effected. Tn the five years pa-G. since I<HC> the) a!£‘_£rc‘jyiti l deficits in tbe railways have been £1.411.000. "hid. with the present year's estimated fieit would make a total of fi-.-'H-He hail been forced into a most unenviable position of using general revenue t„ meet the railways deficit.

\ GLOOMY BUDGET. SYDNEY. Nov. 29. Mr Lang’s financial statement caie-ed ~ (doomv feeling in the Assembly. Sir ,| "Vnllcr. in a short speech expressed ll,is feeling, declaring the Budget was ~ serious one. TL' moved the adoption of the Treasurer’s sitgges(jnn that the del,ate lie adjourned or •i week to enable members to consider ‘the position disclosed. The House adjourned. Mr Bang did disclose proposals regarding the incidence of increased income tax. Imt good reasons for believing there would tu* a graduated tax on incomes' of L"1009 and over. IM AGUE SUSPECT. SYDNEY. Nov 29.

The result of a diagnosis ef n plague suspect will not lie known tx’fore tomorrow.

N.S.W. CUT \VOTDED. SYDNEY. November 29

Any doubt whether the Government will proceed with the Basic Wage Bill introduced in the Assembly with a view to restoring the fis reduction recently promulgated hy the Board of Trade was solved at a caucus meeting which decide.,! to push on tbe Bill as si>on as possible. Tt was decided to go even further, and to raise the rural workers’ basic wage to the same level as that of the city workers, £4 ss. The Government’s delay in proceeding with the Bill was attributed probably to the treatment if would receive in the T.egisltaive Council. Tn nnti-T.nhonr circles, the raising of the rural wages is regarded as a direct challenge to the Legislative Council to slaughter the Bill. This would he providing the Labourites with a handle in the event of desiring to appeal to the country.