EXPANSION OF INDUSTRY

Wairarapa Times-Age, 7 December 1939, Page 6

EXPANSION OF INDUSTRY

OPENINGS IN NEW ZEALAND. ADVICE TO AUSTRALIANS. By Telegraph—Press Association —Copyright. MELBOURNE, December 6. Under a new business scheme launched in Next' Zealand, Mr J. R. Fairbairn, a representative of the Development Council of Dunedin, is visiting Melbourne to induce Australian firms to establish plants in the Dominion. Mr Fairbairn, interviewed today, said that the Australian firms which were trading with New Zealand but were not established there yet would sooner or later find it in their interests to set up plants in New Zealand. He said he was not afraid of the future. There would always be stability in New Zealand, though 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 high spending power. The Government had said it would not interfere in business so long as it was run efficiently, and the Government was likely to abide by that undertaking. Mr Faribairn assured Australian firms that economic plants without too much capital expenditure would be amply protected by the present and future Governments.