FARMERS’ REMITS ON LAND MATTERS

Wanganui Chronicle, 2 August 1947, Page 6

FARMERS’ REMITS ON LAND MATTERS

INCOME FROM SALES TO EX-SERVICEMEN (P.A.) Wellington, Aug. 1 ’lncome received from the investment of money gained from the sale of land to ex-servicemen should be treated as earned income,” stated a remit passed by the Dominion Conference of Federated Farmers. Explaining the remit, Mr. E. J. Harding, the mover, said elderly farmers were finding it unprofitable to sell their land, because to achieve in their retirement income comparable to the social security allowance, would require an investment of £14,500. biot many of them held that much, and so they stayed on their farms. If the profits from the investment of money from the sale of their farms to exservicemen were treated as earned income, many more farms would become available for returned men, as more farmers would sell. The conference further agreed that farmers wishing to sell their land should be given priority for State houses on the necessary permit to secure other suitable living accommoda- ■ Another remit stated that immediate settlement of blocks of land m an improved, unimproved, or partly unproved state should be allowed. With subsequent developments to be made by efforts of the settler, himself assisted, if necessary by the State The conference also agreed that the Rehabilitation Department should be allowed to finance purchases independent of the State Advances Corporation. and that the advice of local rehabilitation committees on the suitat i”v of farms submitted for sale should be accepted Other remits on the purchase by the Crown of farms for ex-servicemen were to the effect that greater consideration should be given toP°graphical conditions rather than the money value of the land, and that the nrice and any land purchased should ?e submitted to a Land Sales Committee for approval.