FEDERAL ECONOMY
FAR-REACHING CHANGES
EFFECT OF THE WAR
(N.Z. Press Association.—Copyright.) (11.50 a.m.) CANBERRA, Jan. 15. Far-reaching changes in Australia's economy are shown in a summary issued by i-he Department of Information. The changes have all occurred in the two years since Japan entered the war. In the period under review enlistments in the Services rose from 435,000, including 3600 women, to 913,000, with 47,900 women. Men and women in direct war work increased from 247,000 to 640,000. War expenditure rose from £203,000,000 to £586,000,000 a year, and public loans from £113,030,000 to £396,000,000 a year. To the end of November the war cost Australia £1,339,000,000—an average of £lB6 per person. This was more than five times the total cost of the last war. In September last Australian manpower totalled 2,830,000, of which 1,181,000 were in the Services or in direct war work. The summary shows that the total Australian casualties from the outbreak of war in 1939 to November 30, 1943. were 65,144, comprising Army 54,994 Air Force 7764, Navy 2386. It states that direct taxation is virtually at its peak and the tax burden is now at least as heavy as that in nnv other Allied country-
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Bibliographic details
Manawatu Standard, Volume LXIV, Issue 40, 15 January 1944, Page 5
Word Count
199FEDERAL ECONOMY Manawatu Standard, Volume LXIV, Issue 40, 15 January 1944, Page 5
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