AUSTRALIAN NEWS.

Hokitika Guardian, 18 October 1924, Page 3

AUSTRALIAN NEWS.

[nr TELEcr.Arn —per tress association.]

A WARNING. PERTH, Oct. 17. Larkin of the Commonwealth Line, has issued a grave warning. He says if the Line continues to be hampered by Labour troubles, it will pass out ol existence and the.* vessels will bo acquired bv British shipowners, who would put them under British articles, and employ black crews. VICTORIAN BUDGET. MELBOURNE, Oet. 17.

The State Budget shows a net protit of £|.|.208 made on the State* trading concerns during the year. It is proposed to increase the general income tax exemption to C2OO and allow married tax-payers £IOO for a wife and £SO for each child. Ihe cost of these concessions is estimated to bo £1)5.000 and sixty thousand persons will cease to be taxi,avers. 'I be loss will be met bv an increase in the rate of tax for individuals, and by raising the company tax from Is to Is 3d in the pound. AHRGATIOX FINANCE. • SYDNEY. Oct. IS.

After a conference with the Minister for Lands (Mr Wen me), Mr Bruce announced lie lead made available* ball a million sterling to New South Wales for migration. INSURED AGAINST RAIN. MELBOURNE, Oct. 18.

\ novel insurance was effected by ,|„* Committee of Tatura Jubilee Show last week, when it was insured against the weather, the amount was £2OO sterling and the premium was £25. It was agreed that the company was to pay ift ho rain fell between six in the morning and noon amounted to ten poits rir more. Actually fourteen points fell, so tlio committee gained from the company what it lost in attendance.