AUSTRALIA’S FINANCE
N.S.W.’S BIG LOSS COMMONWEALTH’S DEBT £461,000,000 (United P.A.—By Telegraph — Copyright) Reed.ll.ls a.m. SYDNEY, To-day. New South Waies State finances reveal a deficit of £2,655,000 for 10 months of the financial year. Revenue shows an increase of £1,724,000. The Commonwealth and the States raised between them last year £ 150.555,111, equivalent to £29 10s 10d a head. The public debt of the Commonwealth at June, 1927, was £461.000.000.
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Bibliographic details
Sun (Auckland), Volume II, Issue 343, 2 May 1928, Page 13
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68AUSTRALIA’S FINANCE Sun (Auckland), Volume II, Issue 343, 2 May 1928, Page 13
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