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Premier Lang Presents Budget Figures for 1931 32
The Premier Mr Lang outlines a deficit of £8 805 596 for 1931 32 with receipts £37 707 025 and expenditure £46 012 621. He plans further economies to cut the deficit to £5 410 000 as agreed at the Premiers Conference. Controllable expenditure is 18.9 per cent lower than last year, with only a single new tax, an increase in Family Endowment to 2 per cent. The Consolidated Revenue Fund deficit is £4 557 75, railway deficit £3 481 631, and unemployment tax receipts are projected at £6 500 000. Food relief dominates spending. loan estimates await Loan Council decisions as Lang notes his budget aligns with Premiers Conference outcomes.
MENTIONED IN THIS ARTICLE
Legislative Assembly
Lang
Consolidated Revenue Fund