BUDGET BALANCED
AUSTRALIA’S HEAVY WAR EXPENDITURE. LOANS OF OVER 100 MILLIONS. (By Telegraph—Press Association —Copyright! CANBERRA, July 10. The Federal Treasurer, Mr Fadden, revealed that Australia spent £180.000,000 on the war in the financial year ended June 30. Of this £101,000,000 was derived from loans, approximately £44,000,000 from income tax, and the war time company tax, and £10,750.000 from sales tax. Mr Fadden said that the year finished with an exactly balanced budget and a substantial cash surplus of £2.000.000. which is charged to war purposes.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WAITA19410711.2.45
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Times-Age, 11 July 1941, Page 5
Word count
Tapeke kupu
86BUDGET BALANCED Wairarapa Times-Age, 11 July 1941, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Wairarapa Times-Age. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in