-BRITISH CAPITALISTS
EYES ON AUSTRALIA. : i. INVESTMENTS IN INDUSTRY. : ■■ (United Press Association.) : (By Electric Telegraph—Copyright.) SYDNEY, May 8. The State Treasurer (Mir Stevens) commenting on the announcement that Swedish match factories will* be started in Australia this year, arid on'the fact that British- capital is prepared to build a railway to the outer suburban seaside resdrt of Newport, said: “ The mere fact that British capitalists are-anxious to invest in Australia in private 5 industry is some evidence of their desire 'to trade with Australia. The extent of their trade will depend upon the fiscal policy of the Commonwealth. I ' believe that the inability of the Government to borrow the same amount of loan capital as hitherto will inevitably mean the transference of- external capital to .Australia for private, investment.” ■
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Otago Daily Times, Issue 21021, 9 May 1930, Page 9
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129-BRITISH CAPITALISTS Otago Daily Times, Issue 21021, 9 May 1930, Page 9
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