Myer Confident Of Future
(N.Z. Press Assn.—Copyright) MELBOURNE, October 21. Myer Emporium, Ltd., Australia’s biggest department store group, believed that Australia's present economic situation of full employment with reasonable price stability gave ample grounds for confidence in the future, the chairman (Mr H. Tolley) said in a review on behalf of the board. The company intended to adopt a moderate course of consolidation linked with expansion. In the setting of such a course directors believed they could help to restrain any tendency to drift towards inflationary conditions, yet still keep the progressive approach which should lead to the presentation of another satisfactory result next year.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19641022.2.244
Bibliographic details
Press, Volume CIII, Issue 30578, 22 October 1964, Page 27
Word Count
105Myer Confident Of Future Press, Volume CIII, Issue 30578, 22 October 1964, Page 27
Using This Item
Stuff Ltd is the copyright owner for the Press. 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 Christchurch City Libraries.
Log in