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OUTLAY ON BUILDINGS

LATE EDITION

FILLIP BY SUBSIDY PLAN TOTAL £2,637,000 INVOLVED. MANY FURTHER, APPLICATIONS. BUSY DAYS FOR BOARD. (By Telegraph—Press Association.' [WELLINGTON, Sept. 12. Up to Friday last Dominion applications for the building subsidy totalled 5702, representing an expenditure of £2,637,000. if, as is frequently stated, 87 pei* cent of the value of any building in New Zealand goes indirectly or directly in wages spent in the country, then £2,489,000 will ultimately be paid in wages, the wages tax on which will be £124,000. The Wellington railway station and the Dunedin Post Office do not participate in the subsidy. They are not being built under the No. 10 scheme, but some other assistance will probably be given. Till Saturday the record of applications received at the board’s head office in a day was 130, but on Satury" day and Monday the totals were 260 \ ancl 500 respectively. To-day they are .pouring in still faster.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19330912.2.83

Bibliographic details

Hawera Star, Volume LIII, 12 September 1933, Page 7

Word Count
155

OUTLAY ON BUILDINGS Hawera Star, Volume LIII, 12 September 1933, Page 7

OUTLAY ON BUILDINGS Hawera Star, Volume LIII, 12 September 1933, Page 7