FACTORIES IN N.Z.

Gisborne Herald, Volume LXVI, Issue 20114, 7 December 1939, Page 10

FACTORIES IN N.Z.

AUSTRALIANS INVITED

DUNEDIN MAN’S MISSION

ililee. Tf-I. Copyright—United Press Assu.j (Reed. Dec. 7, 9 a.m.) MELBOURNE, Dec. G.

Under a new business scheme launched in New Zealand, Mr. J. R. Fairbairn, a representative of the Development Council, Dunedin, is visiting Melbourne with a view to inducing Australian firms to establish plants in the Dominion.

Mr. Fairbairn, in an interview today, said that Australian firms trading with New Zealand but which had not established factories there yet, would sooner or later find it in their best interests to set up plants in New Zealand. He said he was not afraid of the future. There always would be stability in New Zealand, although he admitted that business had already received shocks from the Labour Government. Though some people were apprehensive, there was not much reason for it. New Zealand had a high spending power. The Government said it would not interfere with business so long as it was run efficiently. The Government was likely to abide by that undertaking.

Mr. Fairbairn assured Australian firms that economic plants, without too much capital expenditure, would be amply protected by the present and future Governments.