INDUSTRIAL FINANCE
Commission Of Inquiry
(N.Z. Press Association) WELLINGTON. October 34. The Tariff and Development board today sat as a Commission of Inquiry to examine and report on the need for additional medium and long-term establishment and development finance. If the board finds a need for such finance it will consider all matters relating to the establishment and operation of an industrial finance corporation. The inquiry chairman is Mr J. P. D. Johnsen, deputy chairman of the board. With him as members are Messrs K. B. O’Brien, J. S. Robbie, B. Rudman, and C G. Trotter. At the opening, Mr Johnsen explained that the board chairman <Mr C. S. Hogg) would take no part in the inquiry as he had associations with one of the parties submitting evidence. The parties to give evidence will be the Reserve Bank, the Department of Industries and Commerce, the State Advances Corporation, the New Zealand Manufacturers’ Federation, the Associated Chambers of Commerce, the Federation of Labour, the New Zealand Bankers’ Association, the United Dominions Corporation, and General Finance. Ltd. The hearing is expected to last two days.
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https://paperspast.natlib.govt.nz/newspapers/CHP19621025.2.137
Bibliographic details
Press, Volume CI, Issue 29962, 25 October 1962, Page 14
Word Count
183INDUSTRIAL FINANCE Press, Volume CI, Issue 29962, 25 October 1962, Page 14
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