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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Sep 30, 1927

Page

9

Dr Page Presents His Fifth Budget In New Federal Capital

Dr Page outlines Commonwealth and State finances with a £20,000,000 housing plan. He cites cooperation between governments, a permanent Australian Loan Council, and a shift to per capita and sinking fund mechanisms to manage debt. The Budget shows a larger surplus than expected, rising revenue, and planned naval, defense, and social expenditures amid ongoing federation reforms.

Dr. Page Tage Waller Commonwealth Australian Loan Council Sibatantl Blales Page Sak Consolidated Revenue Fund United States of America Page United States Cuecums Wawa War Service Postmaster-Generals Department Crafton Naval Nw Laviani Lam Crom - Honwealth Earherty Dhuyati Merle Pawak Gav

National Debt of Commonwealth and State Loans Review

The report outlines the June 30 1927 gross Commonwealth debt at £409 007 75 with net debt £84079952 after deductions for developmental loans and state guarantees. It details reductions in the five-year period and notes increases in 1926-27 chiefly from Commonwealth loans for the Capital Commission. State debts across New South Wales Victoria Queensland South Australia Western Australia Tasmania and the Northern Territory are listed with totals and London holdings. The document also covers repatriation expenditures and defence related charges including the Canberra development program and migration schemes.

Commonwealth Works Tompital Bay Commonwealth State Federal Capital Commission Pedere Commonwealthy Groaa Commonwealth Lounst Hesse Australia London York United Stuan State Delis Rif Ovis Nebo Mae Ulere Works Mind Services Amd Canberra Cocortine Oly Ol Department of Wealth Paseo Tee Department of Trade and

Expenditure From Revenue Budgets Mixed Across Departments

The document outlines estimated expenditures for 1a47-28 across departments and services beyond lowiness undertakings. Increases include War, Mhe- Mulation and Defence costs, a 20209 rise, and a 260,760 loan fund for works, plus 142,641 ordinary voted funds and 100,517 for new works. Reductions appear in miscellaneous services 201,054 and net decreases under Special Appropriations 76,964, with further adjustments for interest and sinking funds. The overall picture notes a 4,145,530 decrease in certain items, a 2,904 decrease in loan-related items, and a large intercost and sinking fund impact totalling 984,918, alongside a 263,780 interest and sinking fund on loans for works. The government maintains tight control while population grows, with expenditure essentially stationary since 1921-22 and increased provision for new services and salary adjustments.

Olmnest Crouston-Bouth Bristane Marhanent

Also Mentioned on This Page

Commonwealth and State Finances Wiisgry Ganle New South Wales Wits Foun Rydney Balance and Industry Investigationa Ptl National Insurance Fund Papua Physical Survey of Great Barrier Reef Defence Reserve Trust Waliry Ww Council Relentiae Ana Industrial Ree Wearch Aurphia Chil Mecenaed Che Nubeleis de Pita I Vonal Insurances Ieee Gow Binglenad Aeter Tao Owen Leok 9 Duke of York Cos South Brisbane Murray Waters Commonwealth Railway Pimlg 4S Ota Commonwealth Commonwealth Enue River Murray Waters Act Vlora Piri Weill Commonwealth Bank Dre Page Londen Mmiakime Funedie Awatralia Aumtrath Bey Ste Arnest Harvey Bingland Neste Paris Cn A Ethan Haber Cage Egie Patel Earle Page Anc Tata Hoewowith Mtrithena Dawes Seerhes Doweyer Acai O Eemrithes Goyer Victoria Queensland South Australia Western Australia Torog WD Tasmieniz Ahh Datta Pegkeane Pieter Adi Thor Pasion Owenel Darling Breavan Childeen WAR Kervice Homes Porwioe Baer Cowal Lomeia Swbmirines Oxley Otway DEA Aarauty White HMA Australie Bebruary Abu Ul Wditheial Ollank Diew Bn Crilsers Mubmarines Point Conk Lauwerton Firhmond Stepa Pure Hee Cortada Royal Australian Air Force Air Australian Air Forest CIVIL Commonwealth Iit Heaton Tole Medarn Goa Valles Koemery Cemindadiert Nathan Insurance TV Ceriisalios Deadine Cverninenia Daelistiey West Toomer Lediridiey Golayn Helieries Ibrar Doe Piduetry Commission Jalnt Conneil Tiberal Priypert Briileh Athurlian Tobagco Company Scientific and Industrial Research Coumneil Povececk Bar Lana Hudsons Hudson George Hudson Timber Merchants Clebe Sydney Nsw Castlereagh Street Hunter Street
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