LATEST AUSTRALIAN NEWS.

Wairarapa Daily Times, Volume XVI, Issue 5052, 15 June 1895, Page 2

LATEST AUSTRALIAN NEWS.

Secc'md June 15,10A0 a.m.

Memiodrne, Juno 15. Tlio Totalisator Bill introduced into tlie Assembly provides Hint only registered clubs may use the machine, They will be allowed to deduct five to eight per cent, of tho money put through, to be spent on racing. A third of the net profits must bo handed lo the Colouial Treasurer and placed to the credit of the Charities Fund,

At a meeting of tho Temperance Party in IhoAssembly, it was decided that owing to the present state of the public business, temperance legislation must'stand over. Adelaide, June 15.

The liquidator^or the Federal Bank of Australia lias obtained tho permission of tho Court to remit a further £7OOO to London to pay another dividend of a shilling to tho British creditors. This makes six shillings in the pound paid since the stoppage.

HoiuitT, June 15. The Income Tax is not nearly realising the estimates, and the Government intend to propose a separate dividend of the lax, in order to reach business men who escapo the Income Tax. Received, June 10, 10.50 a.m. Melbourne, June IS. In consequence of the rejection of the Civil Servants' Retirement Bill, 180 civil servants who had volunteered to retire on pensions, and were granted leavo of absence, pending the passing of the mcasure,havo been reinstated in their positions. Probably the Government will offer a number of them compensation in lieu of pensions. From the same cause the retrenchment in the Education Department has been curtailed by £20,000. Tho Premior states that the Government are determined to square the accounts next year, and if the Legislative Assembly is not prepared to assent to the retrenchment proposals, it is feared they will bo compelled to ask for further taxation.