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INDEX PAGE PAGE Air Force expenditure .. .. 7, 18 National Airways .. .. 20 Army expenditure .. .. 7,18 National development programme.. 7,18 National savings .. .. 19 Bank of New Zealand .. .. 20 Navy expenditure .. .. 7, 18 Budget surplus, 1944-45 .. .. 5, 6 Overseas trade .. .. .. 13 Consolidated Fund .. .. 6, 15 Conversion operations 10 Primary production 3 Programme, 1945-46 .. .. 12 Disposal of Surplus assets .. .. 8 Prospectus of 1944 Victory Loan .. vi Prospectus of 1945 Victory Loan .. ix Estimates, 1945-46 .. .. 15 Prospectus of London Conversion Loan .. vii Expenditure— Public debt .. .. ..5,9 Air Force .. .. .. 7, 18 Army .. .. .. 7, 18 Reciprocal aid .. .. .. 8, 18 Consolidated Fund .. .. 6, 15 Rehabilitation .. .. .. 9, 12, 18 Navy .. .. .. 7, 18 Revenue : Estimate, 1945-46 .. .. 15 Social Security Fund .... 6, 17 TTT „ , , , , Secondary industries .. .. .. o War Expenses Account .. 4, 1, 18 J ~ T irj Social Security Fund .. .. 6,17 Family Income: Minimum .... 1 / / Superannuation .. .. .. .. 20 Friendly Societies .. .. .. 19 Surplus, 1944-45 (Consolidated Fund) .. 5, 6 Gratuities 19 Tables "" Taxation adjustments .. .. 14 Housing .. .. .. 7,12,18 Taxation receipts .. .. ..11 Treasury bills .. .. .. .. 10 Incomes: Aggregate .. .. 3, 4 Industrial expansion .. .. 13 Victory Loan, 1944 .. .. 8 Victory Loan, 1945 .. .. 19 Loan programme .. .. 7,18 Lump-sum payments .. .. .. 10 War Expenses Account .. .. 4, 7, 18 War Expenses : Receipts and Expenditure, Memorandum of Security Agreement 8, 19 1939-45 .. .. .. 4 Merchant Navy .. .. .. ..20 War borrowing .. .. .. ..8