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Thursday, 4 June 1970

Mr ANTHONY (RICHMOND, NEW SOUTH WALES) (Minister for Primary Industry) - I am aware of statements emanating in the last few days from the International Wool Textile Organisation to the effect that it opposes very strongly any alteration to the present auction system. I do not think it is quite right, however, to interpret a proposal for a single marketing authority as abandoning the auction system. The details of what is meant by the industry in referring to a Single marketing authority have not been spelt out. I would not think that the industry interprets this as altering the present auction system. The single marketing authority may supplement or strengthen the present system but at this stage 1 certainly would nol think that that means abandoning the auction system. I am very conscious of the importance of harmonising with the wishes of wool users. They are the customers and their wishes must be given very important consideration. However, when examining their expressions of opinion and those of others one must bear in mind that they are arguing from the viewpoint of their own interest and one must try to make a decision which is to the overall good of the industry, taking all sections of it into consideration.

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