Cenberra, Jan, 10.
A surplus of over £3,200,000 for the half-year is disclosed in Commonwealth accounts. 'This com-ares with a deficit of £1,250,000 for the. same. period last year' and a deficit of £9,500,000 for the period ju the previous year. re particularly louoyant are Customs and the excise land sales tax. It is understood that ithe Federal Government. contemplates further concessions and. tax Yeduetions, but the state governments will bitterly oppose such proposals on the ground" that the Federal Government should abandon ments to, enter and impose mew taxation to remedy the continuing deficits in all. state "inanees, state governments are generally ate aly turbed because the Comméai-wealth can show an increasing surplus, while the state governments are all showing deficits—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.