AUSTRALIAN DEFICITS
New South Wales in Worst Position. (Received July 2, 12.30 pm.) SYDNEY, July 2. Mr B. S. B. Stevens, the Premier, announced that the State deficit for the financial year was £13,253,343 This is £7.343,347 greater than that allowed for in the Premiers’ Plan and is £2.503,347 in excess of the Treasury ifficers’ estimate announced three days tgo. A Melbourne message says that Sir Stanley Argyle, Premier, announced that the Victorian deficit was £1,610,000 This was the sum allowed in the Premiers’ Plan. In Queensland the revenue totalled £12,994.112 and the expenditure £15,069.292, leaving a deficit of £2.075,180 The Western Australian deficit for the year was £1,557,895, being £2105 less than the amount allowed for in the Premiers’ Plan.
It is expected that the Tasmania: deficit will be about £260,000.
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Bibliographic details
Star (Christchurch), Volume XLIV, Issue 495, 2 July 1932, Page 1
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132AUSTRALIAN DEFICITS Star (Christchurch), Volume XLIV, Issue 495, 2 July 1932, Page 1
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