AUSTRALIAN POLITICS.
[Per Press Association.]
MELBOURNE, July 31
The Budget Speech shows that the revenue for the year, including the amount expected from the Income Tax (of which £140,000 has been collected) was £6,809,000, or £250,000 more than the estimate, leaving a deficit of £115,000, making the accumulated deficit £3,179.000, The saving on estimated expenditure for the year has Leon £227,000. The railway receipts were £138,000 less than the previous year. The Treasurer estimates the revenue fur the coming year at £6,803,000, and the expenditure at £6,78-1,000. During the year selectors had gone to the bad to the extent of £17,000, and the total owing by them was £658,000. The total railway expenditure in excess of income to date was £7,978,000. The total public debt was £47,932,000, the interest on which was £1,860,000.
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Bibliographic details
Evening Star, Issue 9773, 1 August 1895, Page 2
Word Count
133AUSTRALIAN POLITICS. Evening Star, Issue 9773, 1 August 1895, Page 2
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