VAST IMPROVEMENT
AUSTRALIAN FINANCE
DEFICIT DOWN TO NORMAL
CANBERRA, 11th January. The first half of the Commonwealth financial year has closed with a deficit of & 1,231,000, compared with a £9,000,000 deficit on 31st December 1930.. This enormous improvement is the result of the war debt moratorium and the economies effected under the Premiers' rehabilitation plan; also tho rising revenue in consequence of brighter trade conditions. • A special meeting of the Australian Loau Council has been convened for 27th January to consider tho financial position of tho various State Governments.
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Bibliographic details
Evening Post, Volume CXIII, Issue 9, 12 January 1932, Page 9
Word Count
89VAST IMPROVEMENT Evening Post, Volume CXIII, Issue 9, 12 January 1932, Page 9
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