INCREASE IN OUTPUT
Markets 4 Not Identified' i (N.Z. Press Association) HAMILTON, May 13. ) The call by the National Development Conference for a 50 per cent increase in agricultural output did not make sense when the markets for the produce were not identified, the Leader of the Opposition (Mr Kirk) said in Hamilton last night Mr Kirk told a meeting of the Waikato branch of the Australia and- New Zealand Economics Society that there was an urgent need to reform marketing institutions to provide the machinery to sell products competitively and effectively on the international market. “We have to enter a period, not only of self-reliance but of initiating markets for New Zealand products,” he said. He did not favour farm subsidies because there was a risk of subsidising products for which there was no econo, mic market There was also a risk of slowing down necessary processes of diversification. The answer to subsidies probably lay in maintaining the guaranteed price, seeking diversification to produce marketable products, and taking other steps to make farming more profitable.
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Press, Volume CIX, Issue 31988, 15 May 1969, Page 11
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176INCREASE IN OUTPUT Press, Volume CIX, Issue 31988, 15 May 1969, Page 11
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