‘ANOTHER LEAN YEAR?
OUTLOOK FOR AUSTRALIA SYDNEY PAPER’S PREDICTION Sydney, December 31. According to the “Sydney Morninjj Hej-ald,” the year just closing has been lean in Australia. This condition was brought about by a combination of adverse circumstances, notably lower prices for primary products, droughts, intense industrial disturbances, and a reduction iu oversea capital trusting to Australia for investment. The profits of companies have also been generally lower, arid in some cases heavy losses have been reported. The newspaper ‘predicts another lean year owing to the fact that deflation has simply been postponed by the high price of wool and by the great amount of money, borrowed in the markets of the world.
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https://paperspast.natlib.govt.nz/newspapers/DOM19300102.2.121
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Dominion, Volume 23, Issue 83, 2 January 1930, Page 16
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113‘ANOTHER LEAN YEAR? Dominion, Volume 23, Issue 83, 2 January 1930, Page 16
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