Australian War Costs Show Steady Fall
(12.30 p.m.) CANBERRA, This Day. A steady fall in Australia’s recent war expenditure is revealed by a Treasury statement. Total war expenditure in February was £39,688.000, the statement shows. This -is at a rate of less than £480,000,000 a year. The Budget estimate for the current year was £570,000,000. If expenditure for the remaining four months of the present financial yeai* remains on a. level of the past two months, Australian expenditure on war in 1943-44 will fall short of the Treasury estimate by about £50,000,000.
The decrease is probably cluo to a decerase in the Government’s payroll because of releases from the army and munitions works and a slackening in the programme of the Allied Works Council.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19440314.2.35
Bibliographic details
Northern Advocate, 14 March 1944, Page 3
Word Count
124Australian War Costs Show Steady Fall Northern Advocate, 14 March 1944, Page 3
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in