AUSTRALIA'S FINANCE
HEAVY INTEREST PAYMENTS! Melbourne, January 24.
Mr. Watt stated that during the current year payments for interest and sinking fund on war loans will amount to £13,030,000, and war pensions will absorb five millions.' The total of loan to bo redeemed within the next ten years amounted to • 200 millions, added to which will be 190 jnilliflhs of war . loans floated in.Aus: tralia, to be redeemed in the same period. It is proposed that the States should ; give tho Commonwealth full control of all. State and local government borrowings for the three years ending 1921.—Press Assn.
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Dominion, Volume 12, Issue 103, 25 January 1919, Page 8
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98AUSTRALIA'S FINANCE Dominion, Volume 12, Issue 103, 25 January 1919, Page 8
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