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Sir R. CLOUGH
asked the Minister of Health if, taking a comparison between the cost of building a State-subsidised house in 1919 and in June, 1922, respectively, he can state the percentages of decreased outlay in respect of each item of cost making up the aggregate?
— | Percentage reduction compared with June, 1919. | Percentage reduction compared with September, 1920. |
Fall in labour rates would represent | 2·3 | 12·6 |
Fall in prices of materials would represent | 9·2 | 17·8 |
11·5 | 30·4 | |
Balance to give the actual fall in tender prices, which includes reduction in cost of plant and other overhead charges, profit, remuneration, and the value of increased output | 36·6 | 26·5 |
Total reduction | 48· | 57· |