£11,000,000 A WEEK
AUSTRALIA’S WAR BILL
OVER BUDGET ESTIMATE (9 a.m.) CANBERRA, May 12. At the present rate of war expenditure Australia’s Budget estimate for the year will probably be exceeded by more than £100,000.000. The Treasury announced that Australia’s war expenditure for the 10 months ended April 30 was £451,445,000. This represents more than £11,000,000 a week. The total is already £11.445,000 more than the Budget estimate of £440,000,000 for the financial year. Of the money alreadv spent, £359,484,000 came from loan "funds and £91,961,000 from revenue.
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Bibliographic details
Gisborne Herald, Volume LXX, Issue 21092, 12 May 1943, Page 4
Word Count
88£11,000,000 A WEEK Gisborne Herald, Volume LXX, Issue 21092, 12 May 1943, Page 4
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