FEDERAL FINANCE.
Press Association. —Copyright. Melbourne, July 1. Sir John Forrest said in the statement of Federal finances that the revenue for the year was ,£12,832,000, which was £905,000 in excess of the estimate and £952,000 above the previous year,. The expenditure was £4,980,000, which was £34,000 bolow tho estimate. Customs and excise contributed to the Federal revenue £9,649,000, an increase of £649,000 s Post Office £3,117,600. an increase of £303,000. Tho amounts returned to the States totalled £7,040,000, New South Wales receiving £3,022,000; Victoria £2,192,192, Queensland £942,000, South Australia £645.000, Western Australia £780,000, Tasmania £262,000, all being considerably above the estimates.
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Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XXXII, Issue 8853, 2 July 1907, Page 2
Word Count
102FEDERAL FINANCE. Rangitikei Advocate and Manawatu Argus, Volume XXXII, Issue 8853, 2 July 1907, Page 2
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