BUILDING AS IT STANDS TODAY
Reports of proceedings at an executive meeting of the New Zealand Federated Builders' and Contractors' Association indicate that the builders are still expecting substantial help from the Unemployment Board's subsidy. Statements from other sources indicate that increases in the cost of builders' imported supplies, caused by the rise in the exchange rate, have cancelled part of the benefit arising from the subsidy fixed last year; and that the exchange on imported goods, plus the. sales tax, have tended to again slow up building, and to check the revival indicated late in 1932. On this aspect no publicity seems to have been thrown by the builders' meeting. A review of'the present position of building, and the effect of exchange, sales tax, etc., would be helpful not only as' promoting a public understanding of what has been called "a key industry," but as throwing light on the economic merits of the Government's recent policy.
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https://paperspast.natlib.govt.nz/newspapers/EP19330324.2.44
Bibliographic details
Evening Post, Volume CXV, Issue 70, 24 March 1933, Page 6
Word Count
157BUILDING AS IT STANDS TODAY Evening Post, Volume CXV, Issue 70, 24 March 1933, Page 6
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