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AUSTRALIAN MANUFACTURING.

SUBSTANTIAL INCREASES. Ptmb Association—By Talagmph—Ospyrlgat MELBOURNE, March 28. The Commonwealth Statistician reports that during the year 1922-23 the manufacturing industry of Australia has substantially increased, and the value added to materials in factories has advanced by £16,466,224, or nearly eight per cent. The report further states that during the past three years factories have been expanding at the rate of 759 per annum, and on an average 11,872 additional employees have been absorbed each year. The capital invested in the factories during 1922,23 amounted to £160,513,629, compared with £113,017,165 in 1919-20. During the past year there were 19,i09 factories employing 415,349 workers, and the value of the output was £326,448,189.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19240331.2.43

Bibliographic details

Otago Daily Times, Issue 19134, 31 March 1924, Page 5

Word Count
112

AUSTRALIAN MANUFACTURING. Otago Daily Times, Issue 19134, 31 March 1924, Page 5

AUSTRALIAN MANUFACTURING. Otago Daily Times, Issue 19134, 31 March 1924, Page 5

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