THE FEDERAL BUDGET.
A SMALL SURPLUS. By Cable—Press Association. —Copyrlgfl Received 23, 1 a.m. Melbourne, September 22. The State Treasurer delivered the Budget tonight. The revenue for the year ended June '.3 th was £8,105,400, and expenditure* £8,048,043, the surplus being £140,7(10. The railways' produced a surplus of £300,000, while in the general revenue was a deficit of £153,297. The estimated revenue for the current year is £8,427,050 and the expenditure " £8,421,298. There will be no increase in taxation, i but it is proposed under .the new Income I Tax Bill to provide for additional ieI venue during the next financial year.
THE FEDERAL CAPITAL. Sydney, September 22. The .Minister or Home Affairs predicts that the Parliament elected In 1013 will meet at the Federal capital.
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Taranaki Daily News, Volume LII, Issue 190, 23 September 1909, Page 2
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126THE FEDERAL BUDGET. Taranaki Daily News, Volume LII, Issue 190, 23 September 1909, Page 2
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