--- title: "Loan Act (No. 2) 1925" slug: "loan-act-no-2-1925" jurisdiction: "Commonwealth of Australia" jurisdiction_code: "commonwealth" collection: "act" status: "repealed" act_number: "15 of 1925" version_date: "2026-03-30" register_id: "commonwealth-C1925A00015-current" canonical_url: "https://zoelaw.ai/legislation/loan-act-no-2-1925" date_modified: "2026-03-30" source: Zoe (https://zoelaw.ai) --- # Loan Act (No. 2) 1925 ## 1 Loan Act (No. 2) 1925 THE COMMONWEALTH OF AUSTRALIA. --- LOAN (No. 2). --- No, 15 of 1925. An Act to authorize the Raising and Expending of certain Sums of Money. \[Assented to 14th September, 1925.\] BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:— Short title. 1. This Act may be cited as the Loan Act (No. 2) 1925. Authority to borrow £8,300,000. 2. The Treasurer may from time to time under the provisions of the Commonwealth Inscribed Stock Act 1911-1918, or under the provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole the amount of Eight million three hundred thousand pounds. Purpose for which money may be borrowed. 3. The amount borrowed shall be issued and applied only for the expenses of borrowing and for the purposes of appropriations made or to be made by law. Issue and application of £8,031,482 4. There may be issued and applied out of the proceeds of any Loan raised under the authority of any Loan Act, including the present Act, the sum of Eight million and thirty-one thousand four hundred and eighty-two pounds for the purposes set forth in the First Schedule to this Act. Unexpended appropriation lapse. 5. Where on the thirtieth day of June One thousand nine hundred and twenty-five there remain unexpended any moneys appropriated by any of the Acts specified in the Second Schedule to this Act, the appropriation of the moneys so remaining unexpended shall lapse on that date. F.13952.—Price 3d. FIRST SCHEDULE. --- Abstract. | | £ | | ---------------------------------------------------------- | --------- | | WAR AND REPATRIATION SERVICES............................ | 826,270 | | PRIME MINISTER’S DEPARTMENT............................... | 500 | | HOME AND TERRITORIES DEPARTMENT......................... | 83,250 | | DEPARTMENT OF DEFENCE................................... | 433,675 | | DEPARTMENT OF TRADE AND CUSTOMS......................... | 593,537 | | DEPARTMENT OF WORKS AND RAILWAYS........................ | 1,306,112 | | POSTMASTER-GENERAL’S DEPARTMENT......................... | 4,358,076 | | DEPARTMENT OF HEALTH.................................... | 23,460 | | DEPARTMENT OF MARKETS AND MIGRATION..................... | 330,000 | | REDEMPTIONS— | | | NORTHERN TERRITORY LOANS.............................. | 74,800 | | PORT AUGUSTA-OODNADATTA RAILWAY LOANS................ | 1,802 | | TOTAL.......................................... | 8,031,482 | First Schedule—continued. | WAR AND REPATRIATION SERVICES. | £ | | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------- | | Under Control of Department of the Treasury. | | | Soldiers’ Mental Hospital, West Subiaco, Western Australia Buildings and Equipment | 40,000 | | Under Control of Department of Defence. | | | Transport services in connexion with Expeditionary Forces, including passage money, hire, fitting and reconditioning of ships, wages, coal, victualling and all other expenditure incidental to such services | 10,000 | | Refund to Imperial Government of hire money in respect of ex-enemy vessels.... | 100,000 | | Expeditionary Forces— | | | Pay and allowances, including amounts due to deceased soldiers’ estates........ | 5,096 | | Expenditure in connexion with the distribution of medals and plaques, and other Base Records work incidental to the service and records of members of the Australian Imperial Force | 8,900 | | Employment of temporary staff, advertising, and other expenditure connected with sales of surplus war equipment and stores | 2,000 | | Miscellaneous expenditure in connexion with the Australian Imperial Force, including special expenditure by the High Commissioner’s Office | 274 | | Under Control of Department of Works and Railways. | | | Expenditure under War Service Homes Act 1918-23 (to be paid to credit of Trust Fund, War Service Homes Account) | 620,000 | | Total War and Repatriation Services........................... | 826,270 | | THE PRIME MINISTER’S DEPARTMENT. | | | Under Control of Prime Minister’s Department. | | | London Offices.............................................. | 500 | | Total Prime Minister’s Department............................ | 500 | | THE HOME AND TERRITORIES DEPARTMENT. | | | Under Control of the Home and Territories Department. | | | Purchase of Properties for Home and Territories Department................ | 1,175 | | Acquisition of land at Fairy Meadow, New South Wales................... | 12,000 | | Under Control of Department of Treasury. | | | Loan to the Territory of New Guinea for Works........................ | 41,075 | | Under Control of Department of Works and Railways. | | | Solar Observatory, Canberra—erection of............................ | 29,000 | | Total Home and Territories Department......................... | 83,250 | First Schedule—continued. | THE DEPARTMENT OF DEFENCE. | £ | | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------- | | Under Control of Department of Defence. | | | Oil Storage facilities.......................................... | 24,000 | | Under Control of Home and Territories Department. | | | Purchase of properties and sites:— | | | Properties and sites for military purposes.......................... | 13,000 | | Properties and sites for Air Services— | | | Royal Australian Air Force................................. | 1,000 | | Civil Aviation.......................................... | 5,000 | | Land for Munition Supply purposes............................. | 300 | | Under Control of Department of Works and Railways. | | | Naval Bases, Works and Establishments............................. | 137,410 | | Construction of Drill Halls, Mobilization Stores, Ordnance Stores, Rifle Ranges, Fortifications, Barracks, and other accommodation and engineering works | 20,350 | | Towards cost of construction of Buildings, Hangars, Workshops, Barracks and Earthworks, and preparation of aerial routes and landing grounds:—Royal Australian Air Force.................................. | 126,000 | | Civil Aviation.......................................... | 15,450 | | Maribyrnong—High explosives factory— towards cost................... | 40,000 | | Maribyrnong—Buildings for Engineering Factories—towards cost............ | 44,000 | | Footscray—Buildings for Fuse and Cartridge Case manufacture—towards cost.... | 25,000 | | Lithgow Machine Gun Factory— towards cost......................... | 10,000 | | Wakefield, South Australia, Proof and Recovery Range................... | 20,000 | | | 482,110 | | Less amount estimated to remain unexpended at close of year.......... | 48,435 | | Total Department of Defence.............................. | 433,675 | | THE DEPARTMENT OF TRADE AND CUSTOMS. | | | Under Control of Home and Territories Department. | | | Acquisition of land for Trade and. Customs purposes..................... | 80 | | Under Control of Department of Trade and Customs. | | | Advances to the States and to Settlers in the Northern Territory for purchase of wire netting | 500,000 | | New Lighthouses (including upkeep of vessels for construction work) and optical and other apparatus for Lightships | 29,110 | | Alterations of Lighthouse services................................. | 800 | | Installation of Wireless at Lighthouses.............................. | 2,000 | | Under Control of Department of Works and Railways. | | | Construction of two vessels for Lighthouse purposes—towards cost........... | 61,547 | | Total Department of Trade and Customs...................... | 593,537 | First Schedule—continued. | THE DEPARTMENT OF WORKS AND RAILWAYS. | £ | | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------- | | Under Control of the Department of Works and Railways. | | | Expenditure under River Murray Waters Act 1915-23.................... | 243,750 | | Commonwealth Offices, Brisbane—towards cost....................... | 808 | | Commonwealth Offices, Adelaide—towards cost....................... | 16,554 | | Kalgoorlie to Port Augusta Railway................................ | 117,000 | | Northern Territory Railway...................................... | 345,000 | | Port Augusta—Oodnadatta Railway................................ | 83,000 | | Railway Connexion to Alice Springs................................ | 250,000 | | Port Augusta-Adelaide Railway................................... | 250,000 | | Total Department of Works and Railways........................ | 1,306,112 | | THE POSTMASTER-GENERAL’S DEPARTMENT. | | | Under Control of the Postmaster-General’s Department, the Home and Territories Department, and the Department of Works and Railway’s. | | | Construction and extension of telegraphs and telephones; construction of conduits and laying wires underground; Land for Post and Telegraph Purposes; also Buildings for the Postmaster-General’s Department as set out hereunder:— | 6,000,000 | | Less Balance of Appropriation available at 30th June, 1925, for construction and extension of telegraphs and telephones; also construction of conduits and laying wires underground | 1,850,404 | | | 4,149,596 | | Buildings for Postmaster-General’s Department. | | | New South Wales. | | | Additions and Alterations.—Adamstown, Albion Park, Alstonville, Ashfield, Barmedman, Barraba, Bathurst, Bellata, Bundarra, Bungendorc, Canterbury, Casino, Cessnock, Chatswood, Cobargo, Coonamble, Cootamundra, Cudal, Cumnock, Dubbo, Eden, Edgecliffe, Eugowra, Finlay, Glebe, Glen Innes, Goulburn, Grafton, Greta, Gunning, Harden, Henty, Hunter’s Hill, Kempsey, Kogarah, Lismore, Manilla, Manly, Mendooran, Mosman, Moulamein, Muswellbrook, North Sydney, Orange, Parkes, Parramatta, Petersham, Portland, Randwick, Scone, Springwood, Strawberry Hills, Sydney General Post Office, Sydney-City North, Tamworth, Taree, Urana, Wagga Wagga, Wahroonga, Waratah, Waverley, West Wyalong, Woodstock, Wyong, Yass | | | New Buildings.—Balmain, Bankstown, Barellan, Belmore, Brankston, Broken Hill Railway Town, Bulli, Burwood, Coff’s Harbour Jetty, Coogee, Cremorne, Coolamon, Drummoyne, Enfield, Erskineville, Gladstone, Gordon, Griffith, Hamilton, Haymarket, Kandos, Kogarah, Lakemba, Lawson, Liverpool, Maroubra, Mayfield, Merewether, Millthorpe, Mudgee, Narrabri, Neutral Bay, Newcastle, Newtown, North Sydney, Oaklands, Port Kembla, Smithtown, South Kensington, Sydenham, Sydney-City East, Sydney-City South, Sydney—William Street, Turramurra, Wardell, Wentworthville, Wickham, Yanko | | | Sundry Offices.—For works costing not more than £300 in each case.......... | | | Carried forward............................... | 4,149,596 | First Schedule—continued. | THE POSTMASTER-GENERAL’S DEPARTMENT—continued. | £ | | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------- | | Brought forward............................. | 4,149,596 | | Buildings for Postmaster-General’s Department—continued. | | | Victoria. | | | Additions and Alterations.— Ararat, Bullarat, Beaufort, Bendigo, Beulah, Cobram, Coburg, Coleraiue, Dimboola, Elmore, Fitzroy, Frankston, Geelong, Hamilton, Horsham, Korumburra. Melbourne General Post Office, Merino, Murtoa, Nagambic, Nhill, Penshurst, Rainbow, Rupanyup, Sorrento, Sunbury, Tatura, Terang, Wangaratta, Warragul, Werribee | | | New Buildings.—Ascot Vale, Boort, Box Hill, Bunyip, Canterbury, Cohuna, Oressy, Derrinallum, Drysdale, Elsternwiek, Elwood. Fairfield, Goroke, Heyfield, Ivanhoe, Lismore, Melbourne City Telephone Exchange, Melbourne Telegraph and Telephone Workshops, Melbourne Electric Telegraph Office and Common wealth Offices, Mildura, Murrayville, Northcote, North Melbourne, Nyah West, Pakenham East, Redcliffs, South Melbourne, Tongala, Trentham, Yallourn, Yarragon | | | Sundry Offices.—For works costing not more than £300 in each case.......... | | | Queensland. | | | Additions and Alterations.— Barcaldine, Cairns, Clifton, Esk, Gayndah, Inglewood, Ipswich, Kingaroy, Longreach, Lutwyehe, Nambour, Redcliffs, Rockhampton | | | New Buildings.—Albion, Beenleigh, Blackall, Brisbane General Post Office, Brisbane Workshops and Garage, Bulimba, Eumundi, Goondiwindi, Greenmount, Helidon, Indooroopilly, Julia Creek, Kirra, Kynuna, Laidley, Marburg, Maxwelton, Mt. Surprise, Muttaburra, Newmarket, Paddington, Pialba, Pittsworth, Prairie, Richmond, St. George, Sherwood, South Brisbane, South Johnstone, Springsure, Toowong, Woolloongabba, Wowan, Yarraman, Yeronga | | | Sundry Offices.—For works costing not more than £300 in each case.......... | | | South Australia. | | | Additions and Alterations.—Adelaide General Post Office, Adelaide Workshops and Store, Angaston, Ardrossan, Auburn, Bordertown, Clare, Curramulka, Gawler, Georgetown, Gladstone, Jamestown, Kadina, Kilkenny, Mallala, Milang, Minlaton, Morgan, Naracoorte, Norwood, Nuriootpa, Port Broughton, Port Pirie, Riverton, Saddleworth, Stirling West, Terowie, Unlcy | | | New Buildings.—Adelaide Central Telephone Exchange, Adelaide—West Terrace, Balaklava, Barmera, Brighton, Brinkworth, Bute, Clare, Cleve, Cummins, Eudunda, Glenelg, Hamley Bridge, Henley Beach, Ironknob, Kimba, Kooringa, McLaren Vale, Meningie, Owen, Paskeville, Peterborough, Port Adelaide, Port Augusta, Port Victoria, Prospect, Semaphore, Spalding, Woodville, Yorketown | | | Sundry Offices.—For works costing not more than £300 in each case.......... | | | Carried forward..................................... | 4,149,596 | First Schedule—continued. | THE POSTMASTER-GENERAL’S DEPARTMENT—continued. | £ | | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------- | | Brought forward............................. | 4,149,596 | | Buildings for Postmaster-General’s Department—continued. | | | Western Australia. | | | Additions and Alterations.—Bridgetown, Busselton, Collie, Dumbleyung, Merredin, Northam, Perth—Acquired Area. Perth Workshops and Stores | | | New Buildings.—Balingup, Boyup Brook, Cook, Corrigin, Cottesloe, Dalwallinu, Denmark, Goomalling, Kondinin, Kulin, Kununoppin, Lake Grace, Manjimup, Mt. Lawley, Mullewa, Mundaring, Narembeen, Nungarin, Onslow (Beadon), Perth General Post Office, Quairading, Subiaco, Tambellup, Trayning, Wagin, Wyalkatchem, Wyndham | | | Sundry Offices.—For works costing not more than £300 in each case.......... | | | Tasmania. | | | Additions and Alterations.—Bellerive, Latrobe, Launceston, New Norfolk, Penguin. | | | New Buildings.—Cygnet, Hobart, Smithton, Triabunna.................... | | | Sundry Offices.—For works costing not more than £300 in each case.......... | | | Northern Territory. | | | Additions and Alterations.—Darwin................................ | | | Subscription to capital of Amalgamated Wireless Limited.................. | 200,000 | | Erection of wireless stations and testing and experimental equipment.......... | 8,480 | | Total Postmaster-General’s Department......................... | 4,358,076 | | THE DEPARTMENT OF HEALTH. | | | Under Control of Home and Territories Department. | | | Acquisition of properties and sites................................. | 3,000 | | Under Control of Department of Works and Railways. | | | Serum and Health Laboratories................................... | 20,400 | | Total Department of Health................................ | 23,460 | First Schedule—continued. | THE DEPARTMENT OF MARKETS AND MIGRATION. | £ | | ----------------------------------------------------------------------------------------------------------------- | --------- | | Under Control of Department of Markets and Migration. | | | Immigration—Advances of Passage money, Landing money and Medical fees of Assisted Immigrants | 330,000 | | REDEMPTIONS. | | | Redemption of loans raised by the Government of South Australia on account of the Northern Territory | 74,800 | | Redemption of loans raised by the Government of South Australia on account of the Port Augusta-Oodnadatta Railway | 1,802 | | | 76,602 | | Total...................................... | 8,031,482 | --- SECOND SCHEDULE. --- | Loan Act 1911. | Loan Act 1919. | | -------------- | ---------------------- | | Loan Act 1912. | Loan Act 1920. | | Loan Act 1913. | Loan Act 1922. | | Loan Act 1914. | Loan Act 1923. | | Loan Act 1915. | Loan Act (No. 1) 1924. | | Loan Act 1917. | Loan Act (No. 2) 1924. | | Loan Art 1918. | Loan Act (No. 3) 1924. | --- Printed and Published for the Government of the Commonwealth of Australia by H. J. Green, Government Printer for the State of Victoria.