HOMES OVERSEAS.
FEDERAL MIGRANT SCHEME
(Received 12.5 p.m.) SYDNEY, This Day. "With the return to Australia of Senator Wilson, who has been negotiating with the British Government regarding migration, it is expected that Mr Bruce will shortly be in a position to announce the terms of a new agreement. If an agreement is signed nearly forty millions sterling will be available for developmental work jn the Commonwealth during the next ten years. In its present form the agreement provides for payment of half of the interest by the British Government for a period of five years and one-third of the interest for the following five. The Commonwealth pays one quarter of the interest and the States themselves the remainder. The money will probably be raised at 5 per cent. —A. and N.Z.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19240628.2.46
Bibliographic details
Northern Advocate, 28 June 1924, Page 5
Word Count
132HOMES OVERSEAS. Northern Advocate, 28 June 1924, Page 5
Using This Item
NZME is the copyright owner for the Northern Advocate. 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 NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in