“A SLIGHT SURPLUS”
NEW ZEALAND BUDGET STATEMENT BY MR NASH (Special to Times.) AUCKLAND, Friday A slight surplus in the Budget is expected by the Minister of Finance, the Hon. W. Nash. The Minister said yesterday that income tax was expected to produce a little le6s than the Budget estimate of £9,500,000, but the revenue from customs duty, sales tax and beer duty was likely to exceed the estimates. Mr Nash said he did not consider that the effects of the Import control system would be apparent to any considerable extent in the current quarter. However, they would operate throughout the coming financial year. The Minister forecast an earlier Budget than usual this year, probably about the middle of July. Parliament was expected to assemble In June.
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Waikato Times, Volume 124, Issue 20733, 17 February 1939, Page 6
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127“A SLIGHT SURPLUS” Waikato Times, Volume 124, Issue 20733, 17 February 1939, Page 6
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