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Tuesday, 11 April 1961

Mr HAROLD HOLT - In the first place, Sir, the Government's measures to maintain a balanced economic situation did not originate in November. The honorable member will recall the measures of February last year, the measures contained in the Budget, the steps taken at the earlier meeting of the Australian Loan Council and, finally, the November measures themselves. I do not think it would be proper in this place to canvass the issues which the honorable gentleman has raised, issues which are now being discussed before the Commonwealth Arbitration Commission. Certainly, Sir, the action taken by the Government was not directed against wageearners and trade unionists. To the contrary, it is proudly claimed by this Government that the standard of living and conditions of employment of wage-earners and trade unionists in this country were never better sustained than they have been during our period of office.

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