AUSTRALIAN TRADE
NEW ZEALAND RESTRICTIONS EXPANSION OF INDUSTRIES United Press Assn—Elec. Tel. CopyTtrbt) CANBERRA, Aug. 21 Trade returns issued to-day disclose that Australia's trade with New Zealand fell £490,219 in 1938-39, due to a large extent to import restriction*. However, Australian exports to New Zealand still exceed imports by £3.196,609. The decline of confidence in Australian industry resulting from European difficulties, and its attendant business recession, was gradually being overcome with Great Britain's increasing strength and determination to check aggression, said Mr A. B. Adams, chairman of William Adams and Company, Limited, at the company’s annual meeting in Sydney. The rapid expansion of secondary industries supported by defence stimates would compensate in some measure for low export prices. Brighter prospects generally could be expected, he said.
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Waikato Times, Volume 120, Issue 20889, 22 August 1939, Page 5
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126AUSTRALIAN TRADE Waikato Times, Volume 120, Issue 20889, 22 August 1939, Page 5
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