Australia, an economic and investment reference

Melbourne: The Specialty Press Ltd. Very Good/No DJ. 1960. Hard Cover. 4to 116 p. Clean and tight.. Original gilt stamped cloth. FOREWORD Australia has expanded remarkably, yet steadily and firmly, in recent years. It is a country of youth and vitality, eager for the enormous development of which it is capable, and full of opportunity for the enterprising. It is to the enterprising people of the world - the international pioneers, so to speak - that I commend this book. Australia is a nation built upon, and believing in, free enterprise. Free enterprise has played a major role in the country's expansion, and the Government is firmly behind policies which will build our population and develop our resources - so creating both the opportunities and the need for great participation by business interests in our national growth. Overseas capital, with the technical and management skills which have accompanied it, has contributed significantly to the recent large-scale development of our country and we see evidence every day that the industrialists who have set up business here have found Australia a rewarding field for their activities. Australia is already doing a great deal to provide from its own earnings the capital needed to increase its productive capacity and its basic services. Current investment in the nation's development is equal to some 25 per cent. of the gross national product, and more than 90 per cent. of this investment effort is being financed from domestic sources. Nevertheless, we cannot find the resources for all we want to do or for all that needs to be done; we recognise the special value of the contribution made by the overseas investor who is prepared to join our country in its forward march. This handbook contains reports by those well able to speak with authority on various aspects of our national growth. It provides a conservative assessment of a confident and progressive country and if it does no more than encourage the overseas industrialist and investor to come to Australia to form his own first-hand judgments, it will have served its purpose. PRIME MINISTER .