LIMIT ON PROFITS
MORE ABOUT AUSTRALIAN POLICY. (By Telegraph—Press Association— Copyright) CANBERRA, February 13. The Government intends to limit profits on capital, however invested, to 4 per cent. Profits earned by companies, or people owning blocks of flats, will be limited to 4 per cent. Another objective under the new economic plan is to bring all dividends earned on company shares down to 4 per cent. The Government intends that all interest and mortgage rates shall be reduced under the new scheme. The reduction of interest rates, however, will not apply to Commonwealth public loans.
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https://paperspast.natlib.govt.nz/newspapers/WAITA19420214.2.19
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Wairarapa Times-Age, 14 February 1942, Page 2
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95LIMIT ON PROFITS Wairarapa Times-Age, 14 February 1942, Page 2
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