COMING BACK
AUSTRALIA TURNED CORNER
SURPLUS OF £3.20.9.000 IN SIX
MONTHS
MAY BE ABSORBED LATER
(U.P A. bv Elec. Tel- Copyright) CANBERRA. Jan. 11.
A highly satisfactory position in regard to the finances of the Common wealth is revealed by the Treasury to a statement-covering the first half of the financial year. The excess of revenue i5£3.208 .OHO. The revenue totalled £20.024.090 and the expenditure £32,810,000.
It is officially explained that in view of additional commitments and Lax remissions under ibo supplementj’.ry financial relief measures, aggrega liege £3.500.000 it is anticipated the surplus iu band will bo absorbed he-fo-c fch*-* close of the financial year. N.S.'W. REVENUE. IXCP V ASF OF £'2.450,."07 TX HALF YE All. STTTA BFTJP" EXPENDITURE. iCLP.A by Elec. Tel. t'opvrisltf SYDNEY, Jan. lb State revenue for s'x months of the financial year • was £2\ .675.019, a net increase of £.''.486.597 compared with the similar period last vc:s r Expenditure totalled £2",291,081. The assistant lre °surer. Me Spooner. said that it was pleasing: test the burgcdtnry estimators were being w r ell maintained.
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Bibliographic details
Gisborne Times, Volume LXXIII, Issue 11831, 12 January 1933, Page 3
Word Count
176COMING BACK Gisborne Times, Volume LXXIII, Issue 11831, 12 January 1933, Page 3
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