NATIONALISATION OF STEEL INDUSTRY IN AUSTRALIA PREDICTED
(Rec. 8 a.m.) CANBERRA, May 16. The Government will probably nationalise toe Australian steel industry when the time is opportune, said the Minister of Supply and Shipping, Senator W. P. Ashley, in the Senate today. He promised Senator O’Flaherty that in view of the shortage of steel and steel products he would discuss with Mr Cnifley a proposal that the State and Commonwealth Governments should take over immediately to ensure sufficient supplies of steel for Australian needs. “ But I don’t view hopefully the prospect that toe Government will adopt it,” ho added. Senator O’Flaherty stated that the shortage of steel, especially at Newcastle, was due not to lack of coal, but to price control.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19470517.2.20
Bibliographic details
Evening Star, Issue 26103, 17 May 1947, Page 6
Word Count
121NATIONALISATION OF STEEL INDUSTRY IN AUSTRALIA PREDICTED Evening Star, Issue 26103, 17 May 1947, Page 6
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.