AUSTRALIAN.
(PER PRESS ASSOCIATION. —COPYRIGHT.!
FEDERAL BUDGET
! MELBOURNE, Sept. 20. , In delivering his Budget speech m the Federal House of Representatives, Die Acting-Prime Minister, Mr. Watt, stated that the Budget, gave the estimated war expenditure for this (IGIB-19) at £100,044411. The total of ' Australia’s war expenditure, out ot loan and revenue, up to the end of the vear 1018-19, would be £2tv1, 040,-608. 'lhe war loans totalled £‘235.128,486. Mr, Watt intimated that new taxes will include a 30 per increase in the income tax; and a half-penny postage tax. There would also be additional entertainment, customs, excise, and bachelor taxes. j
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Hokitika Guardian, 27 September 1918, Page 2
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101AUSTRALIAN. Hokitika Guardian, 27 September 1918, Page 2
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