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NORTH AUSTRALIA

DEVELOPMENT PLAN

POWERFUL BRITISH GROUP

DEFINITE OFFER

(United. Press Assn.—Telegraph Copyright.) (Rec. 10.0 p.m.)

Melbourne, December 29.

The Commonwealth. Government has received an offer from a powerful British financial group which is prepared to spend a huge sum developing the vast area in North-Western Australia undei' a charted company. It is understood that the company is prepared to undertake pastoral development on a large scale, also to establish communities at Wyndham and in the hinterland who would be employed in the export meat trade and in pigraising.

This is the first definite offer received since the Federal Government announced its policy of liberal tariff concessions and taxation remissions to chartered companies.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19331230.2.70

Bibliographic details

Southland Times, Issue 22210, 30 December 1933, Page 5

Word Count
113

NORTH AUSTRALIA Southland Times, Issue 22210, 30 December 1933, Page 5

NORTH AUSTRALIA Southland Times, Issue 22210, 30 December 1933, Page 5