AUSTRALIAN TARIFF.
The New Revision.
IMPORTANT INCREASES MADE
(By Electrio Telegraph.—Copyright. (AußtraUan-N.Z. Cable Association. Received Last Night, 9.30 o'clock. SYDNEY, March 25.
The new, tariff applies to fresh importations, ' also to' goods in bond. Merchants during the past lew months have been clearing their stocks in anticipation of the higher duties. The new principles include the provision of an intermediate scale, distinct from the duties levied on British and other goods, which is to come into force in the event of Australia making reciprocal arrangement with other countries for granting concessions in duties in return for other concessions.
There will be also a deferred scale, operating on a date coincident with the establishment of certain new industries in Australia, also provision for increased imposts on goods dumped, or carried by specially subsidised vessels at ballast rates.
Regarding preferential increases affecting Britain and the Dominions willing to reciprocate, the tariff provides for preference up to 25 per cent, with a number of items at 15 to 20 per cent. Increases are proposed,on soap, potted meats, piokles, confectionery, sauces and simrlar goods where local competition exists to Keep the prices down. The excite duty on industrial and de-natured spirits is remitted Considerably. Increased protection is given on coal tar ; products and chemicals. There is an all-round increase of two and a half per cent on machinery, and five to ten per cent on boots. The excise duty on tobacco, cigars, and cigarettes is not altered. y Kerosene is admitted free. The beer duty "is raised threepence per gallon, and spirits by two to 'three shillings per gallon from the United Kingdom, and four shillings from other countries. Sugar is unaltered.
The Press comments on .the tariff suggest • it will undoubtedly increase the already high cost of living, as unfortunately it contains no provision for the protection of the consumer.
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Wairarapa Age, 26 March 1920, Page 5
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307AUSTRALIAN TARIFF. Wairarapa Age, 26 March 1920, Page 5
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