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EFFECT ALREADY FELT

DECLINE IN REVENUE

DEFICIT ANTICIPATED

Uoifeii Press Association—By Electric Tele.

Graill —Copyright,

(Kcecivcd^Oth May, 10 a.m.)

CANBERRA, This, Day

The offect of the Ministry's tariff surcharges and prohibition .is already being felt. To balance the estimated revenue of £44,450,000 from Customs and excise duties nearly £7,500,000 must be collected before the end of June,, but it is unlikely that more thun £0,000,000 will bo received from those sources. Tho Treasurer, Mr. Theodore, budgeted for a surplus, but it is now expected that there will be a deiicit of from £1,000,000 to £1,500,000.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19300520.2.60.1

Bibliographic details

Evening Post, Volume CIX, Issue 117, 20 May 1930, Page 9

Word Count
95

EFFECT ALREADY FELT Evening Post, Volume CIX, Issue 117, 20 May 1930, Page 9

EFFECT ALREADY FELT Evening Post, Volume CIX, Issue 117, 20 May 1930, Page 9

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