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Tuesday, 8 March 1966


Dr MACKAY - My question is addressed to the Treasurer. Will he as soon as possible have made an examination of the actual effect of the currency change on the cost of living, especially that of persons on fixed incomes? If an increase is disclosed, will he consider accepting the proposition that no later than the next Budget the Government adjust pensions by at least the amount so involved? Will he also consider the possibility of adopting, in consultation with all appropriate State and other bodies, a more general measure to ensure that any rise in living costs due specifically to the currency change does not bring special burdens to the several classes of people living on fixed incomes?







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