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PRICE TRIBUNAL AND POSSIBLE WAGES INCREASE

(P.A.) WELLINGTON, This Day. ' The Price Tribunal is conducting a comprehensive survey, of industries,, invoking its powers under the wartime regulations to require companies to furnish information about their financial position for purposes of what are called “surveys of industry.” Firms are required to supply the information within 14 days, companies being asked to submit without delay copies of their trading acocunts, profit and loss accounts and balance sheets for the financial years ended 1939, 1940, and the past ■two years The Minister of Industries and Commerce, Mr Nordmeyer, said this afternoon that the Price Tribunal was following the normal practice of obtaining complete, reliable and up-to-date information in regard to the financial position of various persons and industries. This was done in the normal course of the Price Tribunal’s work from time to time. In the present instance the opportunity was being taken of obtaining a survey of a cross-section of industry for the purpose of assisting the tribunal in arriving at a conclusion if the Arbitration Court advances the wages of workers in industry.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GEST19470723.2.40

Bibliographic details

Greymouth Evening Star, 23 July 1947, Page 6

Word Count
182

PRICE TRIBUNAL AND POSSIBLE WAGES INCREASE Greymouth Evening Star, 23 July 1947, Page 6

PRICE TRIBUNAL AND POSSIBLE WAGES INCREASE Greymouth Evening Star, 23 July 1947, Page 6

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