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GENEROSITY OVER STEEL

AUSTRAIJA SENDS N.Z. SUPPLIES EXPANSION OF SECONDARY INDUSTRIES

(P.A.) Wellington, March 15 Australia at the expense of its own consumers had been forwarding steel to New Zealand not only as a matter of goodwill but a'so to aid New Zealand in the expansion of its secondary industries —an important development particularly in view of the troubled world circumstances today, said Mr R. Hazzard, the newly appointed Australian Trade Commissioner, who arrived in Wellington by the Wanganella yesterday. Mr' Hazzard said about 45.000 to 50,000 tons of steel were sent each year to New Zealand at the expense of Australian consumers, some of whom had to import supplies at approximately double the price of Australian steel.

The problem cf the expansion of steel production in Australia was largely governed by the labour question. As in New Zealand, Australia was trying to expand its population for self-preservation and that expansion automatically created an internal demand for goods that increased some of the difficulties of expert.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/BOPT19490316.2.22

Bibliographic details

Bay of Plenty Times, Volume LXXVII, Issue 14928, 16 March 1949, Page 3

Word Count
166

GENEROSITY OVER STEEL Bay of Plenty Times, Volume LXXVII, Issue 14928, 16 March 1949, Page 3

GENEROSITY OVER STEEL Bay of Plenty Times, Volume LXXVII, Issue 14928, 16 March 1949, Page 3

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