In 1936, at the request of the Australian Wool Growers Council, a wool tax was imposed to help the production of wool and to extend the use of wool throughout the world. It was levied at 6d (about 5c) per bale on all sales of shorn wool produced in Australia.
WA Senior Curriculum
Tax, Super + You is aligned with the curriculum.
WA senior curriculum links can be explored using the resources below.
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Fact 10
Limited liability
The limit placed on the responsibility of shareholders to pay for the debts of a company. Sole trader and partnership arrangements do not offer the business owner limited liability.
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