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NEW INDUSTRIES.

DEVELOPMENTS AT PORT KEMBLA. EXPENDITURE OF MILLION POUNDS. SALE OF LAND APPROVED. (Received This Day, 0.1 a m.) SYDNEY, July 3. Considerable opposition was displayed by a section of the Labour Party in the State Assembly to the Government’s proposal to sell a large tract of land at Port Kembla to Australian Iron and Steel Ltd., which is about to embark on new industries and is spending a million pounds. The Minister of Local Government, Mr. Spooner, explained that the Government would receive £53,000 for the land. This money would be devoted to developing the electricity supply for adjoining towns. He foreshadowed an industrial ifentre at Port Kembla second only to Newcastle, where the Broken Hill Proprietary Company’s works employed 12,637 hands and the weekly wage bill was £63,895. He said the industries to be established at Port Kembla would include pigiron, steel, galvanised iron sheets, tinplate and tin containers, wirenetting, wire, nails, motor bodies, aeroplanes and aeroplane parts. At least a thousand additional men would be employed within two months. He repudiated a suggestion by Labour members that the Government was aiding a monopoly, adding that there was still ample land at the port for any other industries. The Bill for the sale of the land passed all stages.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAG19360704.2.49

Bibliographic details

Wairarapa Age, 4 July 1936, Page 5

Word Count
212

NEW INDUSTRIES. Wairarapa Age, 4 July 1936, Page 5

NEW INDUSTRIES. Wairarapa Age, 4 July 1936, Page 5

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