Borrowing and business in Australia

Bibliographic data

Monograph

Identifikator:: 183051623X

URN:: urn:nbn:de:zbw-retromon-222122

Document type:: Monograph

Author:: Wood, Gordon L. http://d-nb.info/gnd/1239193688

Title:: Borrowing and business in Australia

Place of publication:: London

Publisher:: Oxford university press, H. Milford

Year of publication:: 1930

Scope:: xv, 267 Seiten; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part V. Australia during and after the great war

Collection:: Economics Books

210 THE BALANCE OF INDEBTEDNESS, 1918-28 that the unassisted incomers bring in a relatively high amount of capital, despite the high proportion in some years of southern Europeans. It is considered probable, therefore, that the actual volume of incoming capital from both sources is at least three times as great as that recorded in the statistics of assisted migration. The cost of immigration in post-war years has been shared in varying proportions by the Imperial, Federal, and State Govern- ments, and the actual cost per annum is somewhat difficult to trace in budget statements. The total cost of assisted immigra- Tape L Capital Movements Connected with M igration! {In Millions Sterling) Year. 1920 1921 | 922 923 | 1924 1925 1926 1927 19928 Net migration. 000 15-1 16-7 38:0 37-6 43-8 37-4 42-2 48-9 27:2 Assisted passages. 000 91 14-7 24-3 26-6 250 24-8 31-3 30-1 96.7 Declared capital. £m. *0-095 *0-191 0-254 0-320 0-384 0-483 0-334 0-287 0-209 Total estimated capital. £m. *0-190 *0.382 0-762 0-960 1-162 1-449 1-002 0-861 0-627 Cost of nssistance. £m. *¥0-084 *0-140 0-224 0-252 0-224 0-224 0-280 0-280 0-300 Balance nel capital imported. £m. *0-106 *0-242 0-538 0-708 0-928 1-225 0-722 0-681 0-327 * Wetimated. tion schemes since 1921 has, however, been computed by the Development and Migration Commission ; and these published statistics have been accepted as accurate for the purposes of this investigation. This total cost has been apportioned for sach year on the basis of the number of assisted passages involved. The difference between the amount of capital introduced by immigrants, and the total payments made to shipping companies and immigration agents abroad in respect to those passages, enables an estimate to be made of the net movement of capital connected with immigration. No other non-commercial item ! The amounts transferred through official channels by migrants, in thousands, are: 1022, £253-7; 1923, £320-1; 1024, £383.7; 1925, £4828; 1926, £3340; 1927 £986-8: 1928, £200-1.

Access restriction

Copyright

fullscreen: Borrowing and business in Australia

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation