New loan promised
(N.Z. Preet Attociatlon) AUCKLAND, Nov. 17.
A new 4j per cent State Advances Corporation loan would be introduced by a Labour Government to aasist people buying a home, the party’s candidate for Remuera, Mr L. R. Stanton, said tonight.
The loan would cater for people who did not qualify for the present 3 per cent loan because they earned more than $5O a week.
Anybody earning less than $75 a week would be eligible for the loan with an extra $4 a week allowed for each I child in the family.
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Bibliographic details
Press, Volume CXII, Issue 33077, 18 November 1972, Page 22
Word Count
94New loan promised Press, Volume CXII, Issue 33077, 18 November 1972, Page 22
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