N.S.W. BUDGET
DEFICIT OF £1,600,000. ; LIQUOR LICENSE - FEES T,O BE ) INCREASED. . / ; / RAILWAYS LOSE £1,000,000; ' TRAM PirOFITS; £50,000. United Press Assn, by El. Tel. Copyright (Australian Press Association.) (Received April 19, 11.15 p.m.) ' . ; ' SYDNEY', April 19. ' The State Budget , delivered tonight, disclosed a deficit for 1927-28 of -approximately £1,600,000 The only fresh taxation is the increase in liquor licerise fees from ,2 to- • oi. per cent., estimated to .produce £275.000. Parliament asked sanction ta placing State». industrial, /enterprises on the -.same footing as private enterprises so far .-as--taxation w-as eoncerned, arid that Family Endowment Act be suspend'd!; for a further period. hub the benefits under _ the_ Act He •in certain directions. The' railway ' deficit amounts "to £l,- ' 000.000, but the tramways.- show' a ru-ofit of £50,000. -
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Bibliographic details
Gisborne Times, Volume LXVII, Issue 10566, 20 April 1928, Page 5
Word Count
125N.S.W. BUDGET Gisborne Times, Volume LXVII, Issue 10566, 20 April 1928, Page 5
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