ECONOMY OF N.Z.
“Great Deal To Do” (jV.Z. Press Association) DUNEDIN, April 18. New Zealand had a great deal to do to make her internal economy jjgqductive and efficient by world standards, said Mr S. C. Scott, president of the Dunedin Chamber of Commerce tonight. “A great deal of factual information on this was produced at the Associated Chambers of Commerce annual meeting at New Plymouth," he said. Mr Scott said that from discussions the following information emerged:— From 1950 to 1960 New Zealand had the lowest rate of increased productivity in the Western world. New Zealand was paying approximately twice world freight rates because of the slow turn-round at its ports. Because of reciprocal trading, freight lines serving New Zealand sent ships empty, or nearly empty, for one section of their voyage. A comparison of cargo loading and unloading costs of one ton of cargo at various places, was listed as follows: Japan, 3.5 guilders; Hong Kong, 4.5 guilders; Singapore, 5 to 6 guilders; Rotterdam, 5 to 6 guilders; New Zealand, 25 guilders.
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Press, Volume CI, Issue 29802, 19 April 1962, Page 15
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174ECONOMY OF N.Z. Press, Volume CI, Issue 29802, 19 April 1962, Page 15
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