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Tuesday, 16 August 1960

The estimate of departmental expenditure in 1960-61 is £79,305,000, an increase of £3,760,000 over expenditure in 1959-60. The increase due to the full year cost of wage and salary margins increases is £2,000,000. On the other hand, there will be one less pay day this year than last, which involves a saving of £1,800,000. i Business Undertakings.

Margins increases will also have a considerable effect on expenditures by the various business undertakings, although here again there will be one less pay-day. Post Office expenditure on ordinary services is estimated to be £112,296,000, an increase of £2,099,000 on 1959-60. Expenditure of the Commonwealth Railways is expected to be £554,000 greater than last year and expenditure on broadcasting and television £1.363,000 greater.

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