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LAST-MINUTE RUSH

THE BUILDING SUBSIDY LARGE SUM FOR. WAGES (Per Press Association.) WELLINGTON, this day. Up to Friday last, Dominion applications for the building subsidy totalled 5701. representing an expenditure of £2.637.060, 1 If, as is frequently stated, 87 per cent, of the value of any building in New Zealand goes indirectly or directly in wages spent in the country, then £2.489,000 ultimately will be paid in wagesthe wages tax on which will be £124.000. The Wellington railway station and tho Dunedin Post Office do not participate in the subsidy. They are not being built under the No. 10 scheme, but some other assistance probably will be given. Until Saturday the record of applications received at the board’s head office was 130. but Saturday and Monday totals were 260 and 500 respectively. To-day they are pouring in still faster.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19330912.2.107

Bibliographic details

Poverty Bay Herald, Volume LX, Issue 18191, 12 September 1933, Page 8

Word Count
139

LAST-MINUTE RUSH Poverty Bay Herald, Volume LX, Issue 18191, 12 September 1933, Page 8

LAST-MINUTE RUSH Poverty Bay Herald, Volume LX, Issue 18191, 12 September 1933, Page 8