N.S.W. FINANCES.
Received Nov. 9, 10.15 p.m. SYDNEY, Nov. 9. In the Assembly, Mr. Long delivered the Budget speech. He stated that the year opened with a deficit of £1,804,000. The estimated revenue for the present year would amount to £34,011,000 and the expenditure to £33,982,000. New taxation, which was estimated to yield £2,388,000, would be imposed, which would reduce the total deficit to £1,775,000. New taxation foreshadowed in the Budget speech includes increases in stamp and probaie duties; increasing the amount of broken money collected from the totalisator; increased harbour and tonnage rates for coastal ports; and increased Sydney Harbour rates.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WC19201110.2.27
Bibliographic details
Wanganui Chronicle, Volume LXXVI, Issue 18022, 10 November 1920, Page 5
Word Count
102N.S.W. FINANCES. Wanganui Chronicle, Volume LXXVI, Issue 18022, 10 November 1920, Page 5
Using This Item
NZME is the copyright owner for the Wanganui Chronicle. 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 NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in