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New Zealand “An Affluent Country”

New Zealand is an affluent country with an economy that looks wonderful, in the opinion of Mr R. W. Crown, chairman of the finance committee of the Californian Assembly.

California’s budget was exceeded only by those of the i United States, the Soviet i Union, West Germany, i France, and the United Kingdom, he said in an interview i in Christchurch yesterday. < Mr Crown said that New i Zealand had virtually no un- i employed by American stand- i ards. ’

“You’ve got less than 1 per cent unemployed here,” he said. “We would like to have a figure as low as that” In the five days he had spent in New Zealand, Mr Crown said, he had seen no real sign of financial hardship. He saw a very high standard of living and people who seemed well off.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19670831.2.15

Bibliographic details

Press, Volume CVII, Issue 31462, 31 August 1967, Page 1

Word Count
143

New Zealand “An Affluent Country” Press, Volume CVII, Issue 31462, 31 August 1967, Page 1

New Zealand “An Affluent Country” Press, Volume CVII, Issue 31462, 31 August 1967, Page 1