STARTING A BUSINESS
THE' VICISSITUDES ENCOUNTERED.
The following is an extract ?||pm a striking article in the August, her of the “Employers’ RevieW|^|fe w ; South Wales. It is. v; more countries than Austral ta': i :: i;<T j You must', make it worth while for •- K people - to deal with you. Start a new industry and vpu will; find out how for away from that rule Australia goes. Then you will wonder why ahjfohq; >staifts ■ Anything. It is admitted that investors are shy enough at afty' time’; but Australia does not stand too well in the investing world.j If you are fortunate to have or obtain capital ahd;“jstart, an enterprise aihost' ofl'sharp- carving knives are waiting to carve a bit off. First you have anK exorbitant Stamp Duty for Registrntion, then a Script Tax, -afterwards a tax on : 'We also pay a liea'vyj .tax on the purchase of a factory site. Then you face an army .• pf’-igups- 1 - iffs''tfiei hind's-' : of “Mfinicipa 1
Inspectors, Factory and Sanitary \ Tp--s£>n ■••hegjn-.to won-itiei-e. are- any' of:.th'e> population Vg. not;.■•inspectors. Then yo'ii ' face .another: army of-Union Secrej‘: tarieK ( or paid agitators. You -are
t asl<ed to. decide questions that would : vpnzzle . a • Philadelphia lawyer awl! ’to
determine where an engineer’s wort
censes.: anti.. ; a plumber’s .begins, or y. 'what is a shipwright’s work and what
is a. carpenter’s' or where a carpenter
finishes and cabinetmaker begins. '/ '•^ rp are; rabidly • adopting the caste of : J lhdia.' You are expected to he in full : knowledge of “all. Arbitration Awards
of' every trad© you employ. If you
'pass-through these ordeals and retain your' reasd'ti you lie. a wake at night wondering'what. “Bug” bit you arid -forded . you into starting an industry' . •to endeavour to employ, a few of your • fellow-men. You get to work and find , . ft that you have calculated incorrectly the amount' of -work vour workmen wijl produce—your workmen are for eypr listening to the sweet voice of —•.' the Union Secretary' preaching “Go
Slow.”' Yon find you are debarred ffpifi ' practising “Reward for well-
doingand punishment for .wrong-tlor . i,-v Jf: you . .lose, your money, you are /tbusijband pointed .to as a fool. \ TT !. . / arc a profiteer. You hpu„s.t..,baY6-' .robbed •your.-, workmen'. You sit up all night'thinking out bo# 'i'/'-'tio'kleyeldp a market..-and the ' TTnion - ■f i 'SeOTetftty . : sits up all flight' planning ' !■' hoiv lie ban block you. The next liV ' . fippotor to face is the Income Tax Ool;'lector; who wants, to carve a bit 'off your capital. If you make a loss you .cannot deduct,, it from Income Tax, ’ #yon have lpst your capital,, and when ''’ 'von die the Probate Inspector comes to carve anotber slice off your estate.'
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Hokitika Guardian, 22 November 1930, Page 3
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442STARTING A BUSINESS Hokitika Guardian, 22 November 1930, Page 3
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