Farm Finance
Sir,—in a farmer’s session this year an expert divulged that only 15 per cent of New Zealand invested capital is applied to farming. Had a farm economist taken a survey to ascertain where capital goes, he would have found that there is an irresistible incentive for farmers to pay into life insurance to relieve the tax burden. As it affects farmers, it is a misplaced incentive that draws off capital from our export industry. In the national interest, such a diversion of needed capital should be stopped.—Yours, etc.. E. J. FREEMAN. May 28, 1965.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19650531.2.122.5
Bibliographic details
Press, Volume CIV, Issue 30764, 31 May 1965, Page 12
Word Count
96Farm Finance Press, Volume CIV, Issue 30764, 31 May 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