AUSTRALIAN INDUSTRY EXPANDING.
Binco 1932 about £14,000,000 additional capital has been invested ifi Australian industry. The amount of new capital investment, the Prime Minister, the Rt. Hon. J. A. Lyons, recently pointed out, provided employment for 28,350 persons, wkile the annual output from the machinery brought into being by the new capital was valued at nearly £17,000,000. The story of the progress of Australian secondary industries, said Mr Lyons, was an inspiring one. In 1928-29 there were in Austmlia 22,916 factories, employing 450,482 hands. In 1935-36 there were 24,895 factories, employig 492,771 hands. In «Tune this year tho nuiubcr of hattds employod had incrcased to tho record total of 525,000, an increasc on the 1931 figurcs of ao fiiw.ee tluut I.8.9|059# ■
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBHETR19370918.2.9.4
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 208, 18 September 1937, Page 4
Word Count
121AUSTRALIAN INDUSTRY EXPANDING. Hawke's Bay Herald-Tribune, Issue 208, 18 September 1937, Page 4
Using This Item
NZME is the copyright owner for the Hawke's Bay Herald-Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in