TRADE ACROSS THE TASMAN

Hokitika Guardian, 16 November 1929, Page 3

TRADE ACROSS THE TASMAN

MR SCULLIN’9 POLICY. SYDNEY, November 1. It is confidently predicted that, under Mr S ullin-’s policy, the many attempts which have been made in recent years to establish better trade reciprocity between Australia and New Zealand will be renewed, with greater possibility of some better understanding. At present, they treat each other as foreign countries, according to Sydney newspapers. It was bored that as a result of the visit of Mr 11. E. Pratten, in 1928, some improvement would be noted, but before the schemes he had put forward could be crystallised, death removed an earnest protagonist of improved relations between the two. How the present position affects Australia adversely is instanced by the fact that the value of Australian exports to New Zealand has fallen from approximately five and a quarter millions in 1926, to almost three and a half millions in 1928. Yet New Zealand has increased her exports to Australia from £2,650,000 in 1925 to £3,300,000 in 1927. Exports to New Zealand of citrusfrnits has fallen from £109,000 in 1925-26 to £40,000 in 1928, and dried fruits have decreased from £117,000 in 1925-26 to £76,000 in 1927-28.