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FEDERAL FINANCE

INCREASED CUSTOMS REVENUE

(Received 18, 9.45 a.m.)

Canberra, Nov. 18.

The Federal Treasurer’s financial statement for the first quarter of the financial year discloses a surplus of £155,136, compared with £2,075,000 at the same stage last year. The reason for the decrease is that large sums have been used for sinking fund purposes this year -which last year were applied to the sinking fund in a later period.

The statement, shows that Customs revenue for the quarter amounted to £11,265,862, which is £300,000 in excess of the estimate.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HBTRIB19271118.2.40

Bibliographic details
Ngā taipitopito pukapuka

Hawke's Bay Tribune, Volume XVII, 18 November 1927, Page 5

Word count
Tapeke kupu
90

FEDERAL FINANCE Hawke's Bay Tribune, Volume XVII, 18 November 1927, Page 5

FEDERAL FINANCE Hawke's Bay Tribune, Volume XVII, 18 November 1927, Page 5

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