Story: Investment

Ōhura, around 1911

Refrigerated shipping brought an increasing prosperity to producers of sheep meat and dairy products from the beginning of the 20th century. This encouraged significant private investment in the clearance of the bush and the grassing of the land by exotic pastures. Ōhura near Taumarunui was one area that was opened up, made possible by the public investment in the main trunk railway line.

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Alexander Turnbull Library
Reference: 1/2-061286; F

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How to cite this page:

Brent Layton, 'Investment - Private and public investment, 1890 to 1940', Te Ara - the Encyclopedia of New Zealand, (accessed 6 December 2023)

Story by Brent Layton, published 11 Mar 2010