NEW SOUTH WALES
DEFICIT TO DATE
MORE THAN ESTIMATED
(Received 9th January, 11 a.m.)'
SYDNEY, This Day. The State expenditure for the si^ months of the present financial year ended 31st -December, exceeded the revenue by £8,279,763. The revenue lolo^H' 5"'158 and the expenditure £27,878,921. The deficit to date is more than Mr. Lang's estimate for the whole year. The expenditure increased by over £2,000,000 compared with the same period of,-the last financial year and the receipts have fallen by £1,250,000 in the same period. The situation, however, is expected to improve during the next half-year, as income tax is due.
... Queensland's credit balance on 31st December was £1,100,111;
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19320109.2.74
Bibliographic details
Evening Post, Volume CXIII, Issue 7, 9 January 1932, Page 11
Word Count
109NEW SOUTH WALES Evening Post, Volume CXIII, Issue 7, 9 January 1932, Page 11
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