LABOUR LEGISLATION
IN NEW SOUTH WALES “PASSING ON” THE COSTS. Considerable interest is manifested by Sydney trading circles in the Industrial Arbitration (Further Amendment) Bill, now before the . State Parliament. As its title implies, it deals with industrial matters, but there is a clause which institutes price fixing. It is proposed to give to the Industrial Commission power to prevent unreasonable increases in the prices of commodities and . services. Apparently the measure is aimed chiefly to prevent firms from countering an award of the. Arbitration Court when an order has been made for higher wages to employees, by passing on the increased .charges to the consumer. Any- '-such'' increased charge must be considered by the commission to be reasonable. The provision as to penalty is. very definite. It reads:— “If any person contravenes the provisions of this sub-section, he shall be liable to a penalty amounting, to thrice the amount obtained by selling such commodity, or providing such service at a higher price than the price so limited, and, in addition, shall be liable to a penalty not exceeding £1000.”
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https://paperspast.natlib.govt.nz/newspapers/NZTIM19261118.2.63
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New Zealand Times, Volume LIII, Issue 12607, 18 November 1926, Page 6
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180LABOUR LEGISLATION New Zealand Times, Volume LIII, Issue 12607, 18 November 1926, Page 6
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