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INCREASED PROGRAMME

NATIONAL DEVELOPMENT Parliamentary Reporter. i WELLINGTON, this day. "With the substantial reduction that is taking place in our war programme within the Dominion, particularly as regards building and construction works/' said Mr. Nash in his Budget statement, "it has been possible to provide for a material increase *in national development. This is in line with the Government's policy of providing a sound basis on which to build for our postwar development, in addition to having in readiness the utmost facilities for repatriating servicemen. Land is required for settlement of the men, homes must be built ■on the land so purchased, and roading is essential.

"Housing, which of necessity was largely in abeyance while men and materials were diverted to buildings for war purposes, is now being accelerated to the fullest extent that available resources will permit. A further item to which considerable attention is now being paid is improvements to our railway system, particularly rolling stock, as this vital part of our internal economy must be ready to play its part in post-war development, and considerable leeway has to be made up in this connection. "The works to which I have referred will absorb most of the additional loan money* being provided this year. After allowing for funds available at the beginning of the year and miscellaneous receipts, the total loan moneys required are £16,650,000, as compared with £11,148,000 raised last year." The following figures show clearly the increased programme for the more important works: — 1944-45 1945-46 £ £ Housing 4,431.000 5,590,000 Electric supply 2,720.000 4,000.000 Lnrtd for settlement Nil 2,500,000 Railways improvements 343,000 1,600,000

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http://paperspast.natlib.govt.nz/newspapers/AS19450810.2.90

Bibliographic details

INCREASED PROGRAMME, Auckland Star, Volume LXXVI, Issue 188, 10 August 1945

Word Count
265

INCREASED PROGRAMME Auckland Star, Volume LXXVI, Issue 188, 10 August 1945

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