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HUGE LOSS

AUSTRALIAN WHEAT' FEARS OF GROWERS PREFERENCE REMOVAL AMERICAN COMPETITION By Telegraph—Press Association —Copyright (Received November 18, 9.50 p.m.) SYDNEY. Nov. 18 Wheat exporters say the removal of the preference on Australian wheat will cost the local growers £1,250,000 this year, and thus the Australian grower will be compelled to lean still more heavily on the Governments. America, the other hand, will become a hot competitor because of her surplus of subsidised wheat. The Minister of Commerce, Sir Earle Page, told the House of Representatives at Canberra to-day that the Australian commodities chiefly affected by the Anglo-American trade agreement were fresh apples, pears, canned pineapples and -wheat. He emphasised that the changes were concurred in after the fullest consideration by the Governments of Britain and the Dominions. Sir Earlo Page explained that the duty of 2s a quarter on wheat imported by Britain from foreign countries had been removed.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19381119.2.81

Bibliographic details

New Zealand Herald, Volume LXXV, Issue 23199, 19 November 1938, Page 15

Word Count
150

HUGE LOSS New Zealand Herald, Volume LXXV, Issue 23199, 19 November 1938, Page 15

HUGE LOSS New Zealand Herald, Volume LXXV, Issue 23199, 19 November 1938, Page 15