FURTHER TAXATION.
STOCK EXCHANGE OPINION. "FOLLOWED UNIVERSITY ADVICE." "I am not in favour of the Government's decision and consider that the result of the increase in the exchange rate will be to raise the cost of living and necessitate increased taxation," stated Mr. E. C. Creagh, chairman of the Auckland and president of the New Zealand Stock Exchanges. The Government, he added, had followed the advice of * University professors in preference to that of sound business men and the banks. With the Australian and New Zealand exchange now nearer equality there would probably be a reflection in stock exchange business, as jt would facilitate buying and selling between the two countries.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19330120.2.118
Bibliographic details
Auckland Star, Volume LXIV, Issue 16, 20 January 1933, Page 8
Word Count
111FURTHER TAXATION. Auckland Star, Volume LXIV, Issue 16, 20 January 1933, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.