AUSTRALIAN NEWS.

Taranaki Daily News, 6 January 1922, Page 2

AUSTRALIAN NEWS.

TASMANIAN REVENUE. By Telefe/aph.—Press Assn..—Copyright. Hobart, Jan. 4. The revenue for the half-year was £ll,OOO behind the corresponding period of 'last year. •LORD MAYOR OF SYDNEY. Sydney, Jan. 1. Th9/new Lord Mayor has assumed office. A noteworthy incident was that the Union Jack and Commonwealth Ensign were flying outside the Town Hall. A. NEW HOSPITAL. Sydney, Jan. 5. The women doctors of Sydney have established, at their own expense, a hospital for women and children. WAGES IN METAL TRADES. Sydney, Jan. 5. Mr. Hoskins, managing director of the ironworks, states that a reduction of wages is imperative if the local iron and steel trade is to survive. Investors at present find it more profitable to put their money into loans than into buildings in consequence of the prohibitive costs. He suggests a reduction of 20 to 25 per cent, in wages, perhaps more, as it is imperative that wages in Australia should not exceed those in America. Union officials estimate the unemployed at 40,000, not including Broken Hill, where the Government has spent £145,000 in relief since July, 1920.