AUSTRALIAN FINANCES
PREMIERS’ CONFERENCE A SATISFACTORY POSITION (Elec. Tel. Copyright—United Press Assn.) (Received Oct.-25, noon.) MELBOURNE, Oct. 25. The Premiers’ Conference began with a definite assurance from each Premier that his Government was living up to tho assurances given at tho last conference. With regard to the budgetary deficits, it was made apparent that tlie stipulated total deficit of £9,000,00(3 would not be exceeded, and might possibly be £1,000,000 less. The impression created at the conference was that the budgetary position was exceedingly satisfactory, and in this favorable atmosphere the conference proceeded to discuss means of obtaining the financial accommodation needed to carry the Governments through the remainder of the present financial year.
It is learned that the question of raising an .internal loan of £20,000,000 was discussed.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19321025.2.89
Bibliographic details
Poverty Bay Herald, Volume LIX, Issue 17919, 25 October 1932, Page 7
Word Count
128AUSTRALIAN FINANCES Poverty Bay Herald, Volume LIX, Issue 17919, 25 October 1932, Page 7
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in