FALLING TRADE BALANCE
CHANGING CONDITIONS IN AUSTRALIA DIFFICULTIES IN MEETING OBLIGATIONS United Press Association—By Electric Telegraph—Copyright (Received February 6, 10.30 p.m.) CANBERRA, February 6. The correspondent of “The Sydney Sun” states that economic experts are of the opinion that, unless there is a sharp improvement in Australia’s overseas trade balance, her ability to meet commitments in the event of a bad season next year will be seriously threatened. The present indications are that the trade balance this year will fail by some £20,000,000 to meet current liabilities.
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Bibliographic details
Timaru Herald, Volume CXXXIX, Issue 20027, 7 February 1935, Page 9
Word Count
87FALLING TRADE BALANCE Timaru Herald, Volume CXXXIX, Issue 20027, 7 February 1935, Page 9
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