Loans to Ex-Servicemen
An announcement of a reduction in the interest rates to ex-servicemen was made by the Minister of Finance, Mr Nash, in the House of Representatives yesterday. “Following the undertaking given by Mr Skinner as Minister of Rehabilitation to make a statement before the House rose about interest rates, I desire to announce that from January 1 next loans to ex-servicemen under the Rehabilitation Act will be at 3 per cent, per annum,” said Mr Nash. “All loans already granted under the Act will be adjusted to this rate. Full details concerning the adjustment of mortgages already granted will be announced at an early date.” (P.A.). ]
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Bibliographic details
Southland Times, Issue 25548, 16 December 1944, Page 4
Word Count
108Loans to Ex-Servicemen Southland Times, Issue 25548, 16 December 1944, Page 4
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