Ammunition sales drop
e " PA Wellington iy The viability of the long-established sporting " n ( ammunition industry is pt: being critically affected by j l .', sales taxes, according to a i rhe chief executive of ■d 1.C.1. New Zealand. Ltd, ■ Mr E. W. N. Jackson, in the annual report. 7 Mr Jackson said demand ! ! for factpry-loaded 12 -L* gauge and centre fire TV sporting ammunition pro- » duced by the subsidiary m C.A.C. Industries, Ltd. was '“ i coniinuine to decline be-
cause of the 3(» per cent sales tax imposed by the Government in 1975 The Governmen: was being asked to review urgently the situation A 'substantial order for 12-gauge ammunition xs as dispatched late in the year io North America, and future export prospects xxere encouraging. Mr Jackson said "But exporting can onls succeed with a stable and profitable local market basis,” be said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19790102.2.165
Bibliographic details
Press, 2 January 1979, Page 15
Word Count
143Ammunition sales drop Press, 2 January 1979, Page 15
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.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in