INVALID AND OLD-AGE PENSIONS
353
amount was subject to certain deductions). Tasmania is receiving, in addition, a total sum of 900,000/. in ten annual instalments, starting from 1912-13.
-
1916-17
1917-18
1918-19
1919-20
Revenue :
£
£
Customs
12,373,664
9,480,5^
11,600,539
13,7*.:
Excise
5,821,483
7,869,339
Land Tax .
2.121,952
2,123,779
2,108,689
2,110,306
Probate and Succession
Duties
1,062,168
947,232
916,968
1,441,817
Income Tax
5,621,960
7,385,514
10,376,832
12,848,123
Entertainments .
110,683
245,899
307,907
557,911
War Times Profits Tax
—
680,008
1,206,647
2,569,012
Post, Telegraph, and
Telephones
5,498,517
.190
6,(K'
All other . Total Revenue
t,8M
5,958,413
5,442,063
4,936,048
33,902,434
36,327,347
43,921,926
52,782,748
Commonwealth Expen- diture:
From Revenue .
3,470
28,102,350
37,871,231
50,558,383
From Loans Total Commonwealth Ex-
53,114,237
56,898,556
03,633,000
40,724,S67
penditure
81,357,707
85,000,906
101,504,231
97,283,250
Including :
Expenditure for War
purposes
61,541,566
66,958,360
83,457,567
70,191,322
lovalid and Old Age
Pensions.
8,453,344
3,858,990
3,879,240
4,546,879
Maternity Allowances
062,030
634,428
620,080
625,865
Post, Telegraph, and
Telephones
4,S53,8S6
4,920,251
5,016,137
.5,707,399
Payments to States : Uut of Revenue
6,270,419
6,340,374
,333
6,720,492
Out of Loans
5,186
2,SSl,8S5
3.042.707
—
The estimates for 1920-21 are : revenue, 63,364,700/. : expenditure, 69.112.123Z.
The aggregate public debt of the several Australian States on June 30,
1919, was 382 million pounds (excluding temporary Treasury bills, kc). The Commonwealth public debt on June 30th, 1920, was 381,415,317/.,
including 207,249,440/. owing in respect of internal war loans.
The total Australian war expenditure for the six years ending June 30,
1920, was 381,149,019/., of which 70,716,184/. is charged against revenue, and 310,432,835/. against loans. War expenditure for 1920-21 is estimated at 36,841,931/. out of revenue, and 25,400,000/. out of War Loan.
Invalid and Old Age Pensions.
The Invalid and Old Age Pension Acts provide for the payment of
invalid and old age pensions at such rates as the Commissioner deciding the
question deems sufficient, but so that the amount shall not exceed 32/. 10s. a
year, nor the pensioner's whole income (including the pension) exceed 58/. 10s.
a year (prior to 1916, the amounts were 26/. and 52/. respectively). Old age
- pensions are granted upon application to persons who are at least 65 years of
. age and have lived in Australia or Australian territorv at least 20 years.
' Invalid pensions are granted to persons who have lived" at least 5 years in
1 Australia, have there become incapacitated, and have no other sufficient
i means of support. On October 9, 1912, a Maternity Bill was passed providing