CANBERRA LAND VALUES
RAPID INCREASE PREDICTED. According to the Chief Australian Federal Capital Commissioner, Mr. J. H. Butters, the rise in land values in and around Canberra is such that it is inevitable that Canberra will, within 25 years, be returning sufficient revenue to pay the interest on the whole of the Commonwealth’s investment in the capital city. Mr. Butters made this statement when addressing- the Royal Victorian Institute of Architects lately. The position from the taxpayers’ point of view, he said, was satisfactory. The commission was making no attempt to force tiie capital to pay for itself in this matter, as circumstances were themselves bringing it about.
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Bibliographic details
Manawatu Times, Volume XLIX, Issue 3490, 28 October 1926, Page 5
Word Count
108CANBERRA LAND VALUES Manawatu Times, Volume XLIX, Issue 3490, 28 October 1926, Page 5
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