TELEVISION LICENCES
‘lmpossible’ To Reduce Cost
(N.Z. Press Association >
WELLINGTON, Sept. 9.
It would be impossible to consider any reduction in television licence fees at present, the Minister of Broadcasting (Mr Scott) said in Parliament today. Mrs R. M. Stevenson (Govt., Taupo) had asked if there was any possibility of a reduction in view of the N.Z.B.C.’s surplus or profit of more than £lm.
Mr Scott said the figure of £1,360,160 shown in the 1966 report represented a surplus of revenue over expenditure. The corporation financed capital expenditure from revenue and the whole of the surplus referred to by Mrs Stevenson was spent on items of a capital nature. “If the corporation is to pursue its plan to extend and improve the television and radio coverage of New Zealand it must continue to earn a large revenue surplus from its annual operations,” the Minister said.
Gymnastic Tour. —A team of New Zealand gymnasts to compete at the world championships in Dortmund. West Germany. will leave Auckland today. The team consists of eight women and six men.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19660910.2.158
Bibliographic details
Press, Volume CVI, Issue 31161, 10 September 1966, Page 16
Word Count
176TELEVISION LICENCES Press, Volume CVI, Issue 31161, 10 September 1966, Page 16
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.