AUSTRALIA'S REVENUE.
• ———? ' . . ' ACCUMULATED SURPLUS OVER TWO MILLIONS. By Telegraph—Prea Assodation-Oopyritilit (Bee. July 2, 8.55 p.m.) i , Melbourne, July 2. The Federal revenue -for the year ex;eeded the expenditure )jy .£12,651, _makng an accumulated surplus of £2,471,323. The expenditure included a 6um of £6,119,9.30, V e j D ? % e three-fourths of the justoms and excise revenue which the Commonwealth has to return to the btates jnder the financial clauses of the Constitution. • , . The Postal: Department . yielded £1,208,103.ADDITIONAL STATE RETURNS. ' ■ ; Brisbane, July 2. The revenue for Queensland totalled £6,378,212, an increase of ,£388,865. . > Hobart, July 2. The Tasmanian revenue .was £1,206,055, Sydney, July 2. The NowSouthrrWales rcpenjiitun>'< fpi ie year tos ' &17,002,358,' : leaving ad* icit of X 1,167,017. • ' ' A BIG DEFICIT, VICTORIA. STATE REVENUE. (Rec. July 2, 6.10-p.m.) Sydney, July 2. The States' expenditure for the pasl fear was a record, find the deficit is tin biggest sinoe 1886. The State Treasurer, Mr. Cann, attri bates the increases to two causes: Failur* if \the stamp duties to realise the esti aiata, and fho' dropping of last year'! new taxation. Mr. Conn declared' that ii was necessary to take steps to ensure { full' Stability finance for the i currenl year. ' .
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Dominion, Volume 6, Issue 1792, 3 July 1913, Page 7
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197AUSTRALIA'S REVENUE. Dominion, Volume 6, Issue 1792, 3 July 1913, Page 7
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