NEW SOUTH WALES' BUDGET
A HEALTHY POSITION. ■ j Received 31st, 1.26 a.m. :'j . Sydney, October ,30. < the Budget was delivered to-night. About £40,000 per annum will be pwvided for pensions for those who through sickness or accident, are rendered incapable of earning a livelihood. The revenue for the year was £13,406,543, and the expenditure £11,013,272. To be added to this was the payment of £OIB,OOO to the Publip. Worlwj and Closer Settlement funds, leaving a surplus of £1,471,000. fluß balance was liable to certain charges, which would leave a net surplus to carry forward of £1,012,000. Enough money is being found locally to carry on works. The (lovernment proposed to relievo the burden on the people by making the exemption £IOOO under the Income Tax earned by individual effort.
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Taranaki Daily News, Volume L, Issue 61, 31 October 1907, Page 2
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129NEW SOUTH WALES' BUDGET Taranaki Daily News, Volume L, Issue 61, 31 October 1907, Page 2
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