STEADY FALL
WAR EXPENDITURE
Prospect Of Australia's Bill Not Reaching Estimate N.Z. Press Association—Copyright Rec. noon. CANBERRA, this day. A steady fall In Australia's recent war expenditure is revealed by a Treasury statement. The total war expenditure in February was £39.688,000, the statement shows. This is at a rate of less than £480,000,000 a year.
The Budget • estimate for the current year was £570,000,000. If the expenditure for the remaining four months of the present financial year remains on the level of the past two months, the Australian expenditure on war in 1943-44 will fall short of the Treasury estimate by about £50,000,000.
The decrease is probably due to the decrease in the Government's payroll, because of releases from Army and munitions works, and a slackening in the programme of the Allied Works Council.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19440314.2.76
Bibliographic details
Auckland Star, Volume LXXV, Issue 62, 14 March 1944, Page 5
Word Count
134STEADY FALL Auckland Star, Volume LXXV, Issue 62, 14 March 1944, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.