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Australia Helping N.Z. With Steel

WELLINGTON, March 14. Australia, at the expense of its own consumers, has been forwarding steel to New Zealand not only as .a mattec of goodwill but also to aid New Zealand in the expansion of its secondary industries — an important, 'development particularly in y'iew of troubled world eireumstances today, said ,Mr. R. Hazzard, the newly-appointed ' Australian Trade Gommissioner, who arrived in Wellington by the "Wanganella this niorning. Mr. Hazzard said abput 45,000 to 50,000 tons were sent yearlv to New Zealand at the expense of Austrahan consumers, soiiie of whom had to import' supplies at approxixnately ^ double the price of Australian steel. The problem of the expansion of steel production iu Austraila was largely governed by the labour question. As in New Zealand, Australia was trying .to expand it" population for self-preservation aua that expansion automatically created aninternal demand for goods that increased aoaie of the difficulties of exports.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19490315.2.48

Bibliographic details

Chronicle (Levin), 15 March 1949, Page 7

Word Count
154

Australia Helping N.Z. With Steel Chronicle (Levin), 15 March 1949, Page 7

Australia Helping N.Z. With Steel Chronicle (Levin), 15 March 1949, Page 7

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