AUSTRALIAN FINANCES
WESTRALIAN BUDGET A SURPLUS PROVIDED FOR PERTH, Sept- 24. A feature of the West Australian Budget submitted by the Prc “ le ’J ? , s James Mitchell) is a surp ns of £5O-8 The estimated revenue is £lo>™ > and expenditure £10,098,92Sir James Mitchell (Premier) said the balancing of the Budget was «p--gantie task owing to the Loan Council not providing funds which had been ordinarily promised for Stale commitments. Drastic economies were therefore contemplated. All civil - vants and politicians’ salaries will bo reduced and there will be an increased totalisator tax and entertainment tax and a special tax of threepence per pound for hospitals, collectable by stamps on wages aud salaries. The Premier estimated it will ba nccessarv to borrow four millions to pay accounts overdrawn last June- it will also be necessary io increase the revenue this year by £BlB,OOO, of which £lOO,OOO represents increase in exchange- The Comomnwealth is being ask ed to increase the disabilities grant to £450,000.
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Bibliographic details
Wanganui Chronicle, Volume 73, Issue 380, 25 September 1930, Page 7
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161AUSTRALIAN FINANCES Wanganui Chronicle, Volume 73, Issue 380, 25 September 1930, Page 7
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