Monetary Council’s Report
Sir,—The Monetary and Economic Council has access to information not readilv available to the general puK !!%. tt . IS fh eref ore very difficult to follow some of its suggestions for stabilising the country’s economy. Overseas funds are down, so we use up our small reserves by liftmg import controls; softpedal the direct-tax method but hit the average wageearner harder by the indirecttax method, one of the mainstays of the previous Government. The Government is doing all in its power to obtain the best possible prices for our meat, butter, cheese and wool, as well as create new markets wherever possible. Industry needs assistance, but not at the expense of our primary producer. We must sell before we can buy. —Yours, etc., F.W.P.F. February 27, 1965.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19650302.2.147.8
Bibliographic details
Press, Volume CIV, Issue 30688, 2 March 1965, Page 12
Word Count
128Monetary Council’s Report Press, Volume CIV, Issue 30688, 2 March 1965, Page 12
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