Since 1932 about £14,000,000 additional capital has been invested in Australian industry. The amount of capital investment, the Prime Minister points out, provided employment for 28,350 persons, while the annual output from the machinery brought into being by the new capital was valued at nearly £17,500,000. The story of the progress of Australian secondary industries, he said, was an inspiring one, In 1928-29 there were in Australia 22916 factories, employing 450,482 hands. In 1935-36 there were 24,895 factories, employing 492,771 hands, In June this year the number of hands employed had increased to the record total of 525,000, an increase on the 1931 figures of no fewer than 188,000.
Text read from the printed page and cleaned; old type leaves the occasional error.