MILLION A DAY.
AUSTRALIAN BUDGET.
Huge Cost Of War In Next Year's Estimates. United Press Association.—Copyright. (Reed. 5 p.m.) SYDXEY, this day. The Australian Federal Government will have to provide for an expenditure of probably about £375.000,000 in the next financial year, equal to about £53 per head of the population, including children, says the "Daily Telegraph's' , Canberra correspondent? The total estimated expenditure for this financial year, ending <jn June 30, is £270,000,000.
To nico-t next year's expenditure increased taxation of probably about £21,000,000, and o huge borrowing programme will be necessary. War costs at home and abroad are expected to amount to £22">.000.000, compared with this vcar's £143,000.000.
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Bibliographic details
Auckland Star, Volume LXXII, Issue 92, 19 April 1941, Page 5 (Supplement)
Word Count
109MILLION A DAY. Auckland Star, Volume LXXII, Issue 92, 19 April 1941, Page 5 (Supplement)
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