COMMONWEALTH AREAS.
KS 0.1 ' ' -aBURDEN OF DEVELOPMENT. LARGE- INTEREST PAYMENTS. (Received August 21, 9.35 p.m.) SYDNEY. August 21. Tho development of Central Australia and the Northern Territory to date has cost Australian taxpayers £15,000,000. The capital cost of the railways alone has involved an expenditure of £5,500,000, the interest on which amounts to £300,000 a year. The interest bill on the Northern Territory amounts in addition to £750.000 a year, while to-day the white population in Central and Northern Australia is less than half what it was in 1838. The closing of Vesty's liugo meat works at Darwin was a severe blow to tho progress of that port, where expensive harbour improvements are languishing. Darwin to-day is visited by ono steamer a month each way compared with 13 steamers each way some time ago.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19300822.2.74
Bibliographic details
New Zealand Herald, Volume LXVII, Issue 20649, 22 August 1930, Page 11
Word Count
134COMMONWEALTH AREAS. New Zealand Herald, Volume LXVII, Issue 20649, 22 August 1930, Page 11
Using This Item
NZME is the copyright owner for the New Zealand Herald. 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.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in