Publishers’ Higher Costs
p. 135 · Read in the full issue
Readers and advertisers should note that, as a result of various higher charges announced or indicated by the Australian Government, it may be necessary to increase the subscriptions and advertising rates of this journal before the end of this year.
Higher postage charges as from July 1 were announced in May, but have been held up by the Senate. However, it seems certain that these rates, and other increased charges, affecting all publishers, will come into operation after the Budget is presented in October.
Already, we are paying some recent increases in printing industry wages awards. We shall carry as much of these additional burdens as possible, but it is inevitable that some of them will be passed on in higher charges to our readers and advertisers.
All subscription and advertising contracts, which usually are on a year-in-advance basis, made before the increased rates take effect, will of course be carried on at the present rates—the new rates will affect only new business and renewals.
We regret the imposition of higher rates. They, however, are part of the pattern of modern business life. —The Publishers.
