Balance Slips
(N.Z. Press Association) WELLINGTON, Sept. 9
New Zealand has not always suffered from an imbalance in trade with Australia.
This is shown in a report to Parliament today on New Zealand’s trade with Australia.
Last year Australia's exports to New Zealand were £64.9 million compared with £17.5 million
it imported from this country.
But in 1891 New Zealand exported goods worth £2.7 million to Australia and only imported £1 million worth. “Thus even in the late nineteenth century there was an Imbalance of trade between Australia and New Zealand, but the imbalance was in New Zealand’s favour,” says the report.
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Bibliographic details
Press, Volume CIV, Issue 30852, 10 September 1965, Page 3
Word Count
102Balance Slips Press, Volume CIV, Issue 30852, 10 September 1965, Page 3
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