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VICTORIAN BUDGET.

DEFICIT OVER £1,000,000

(Per Press Association —Copyright). (Received October 15, 8.50 a.m.) i MELBOURNE, October 15. ! Sir Alexander Peacock (State Prej mier) delivered his budgot yesterday. No new taxation is proposed. The revenue was £10,248,761, exceeding the estimate by £17,402; expenditure, £11,444;231, exceeding the estimate by €212,872; 'deficit, £1,195,470. It is estimated that the expenditure, for -the current year .will be £11,4.77,602, including an increase of £298,631 in the extra interest on the public.-.debt, and £110,000 i loss on imported wheat. ' It is stated that the Stafo .Coal Mine showed a profit for the year,,6f £10,640, and the shipbuilding yard 3. .profit of £2333. The State cool store and beet sugar factory both showed small losses.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19151015.2.24.1

Bibliographic details

Ashburton Guardian, Volume XXXV, Issue 8270, 15 October 1915, Page 4

Word Count
118

VICTORIAN BUDGET. Ashburton Guardian, Volume XXXV, Issue 8270, 15 October 1915, Page 4

VICTORIAN BUDGET. Ashburton Guardian, Volume XXXV, Issue 8270, 15 October 1915, Page 4