USTRALIA'S DEBTS
ss. Assn.—
ige repayment due next november a real hurdle JSKS OHIEFLY POLITICAL
-By TeJejr'iph — Ccpyrlgnt).
LONDON, Monday. he Investors' Chronicle, in an aron Australia, deals with the Comwealth's financial position, and ribes the repayment of £13,000,in November as a real hurdle to tralia. Tf she ean take it in an imsive style her way should he refely easy in 1933. he paper concludes : "The investor histralian seeurities backs Ausja's good fortune to overcome her bles. This has emerged suffici7 since last summer to canse mprovement in Australian stocks, serious problems rernain. The pre- . yields do not appear to exag|te the speculative ingredient. Inpi's preceive, however, that the Oargeiy, though not entirely, are ;ical, while the hopes, largely gb nof-. entirely, are economic. jtalian land and pastoral compannd agencies theref ore deserve the rtion of any who wish to make stment in Australia. There has [ a distinct revival of shares in pal eompanies since the autumn, jthei'o need he no rush to invest lice."
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 167, 8 March 1932, Page 5
Word Count
166USTRALIA'S DEBTS Rotorua Morning Post, Volume 1, Issue 167, 8 March 1932, Page 5
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