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Friday, 12 June 1970

Mr McEWEN (MURRAY, VICTORIA) (Deputy Prime Minister) - It is a fact that both in ordinary agricultural farming and in livestock husbandry the use of chemical formulations is increasingly important. I am sure that those of us who engage in farming would not know how we could carry on these days without the aid of these chemical formulations. As the farmers express a continuing concern at the price of the formulations I have made it my business to keep a close watch on price movements. Between 1965 and 1969 I had a list compiled and continuously updated of the price move ments of the 74 listed chemical formulations used in rural activities. Over that period 60 of the 74 items have been reduced in price. There has been no price alteration in respect of 6 of the items, and only 8 items have been increased in price. As thi:, is a matter of great concern to agriculturalists, with the approval of honourable members I incorporate in Hansard a document setting out the chemicals, their prices, and the alterations.

The following table shows the price movement in recent ye;irs of chemical formulations in common use by rural producers. Earlier tables showed the situation before and after adoption by the Government of the Tariff Board's 1966 report on Industrial Chemicals.

A total of 74 formulations is listed in the following table. The following price changes have occurred since 1963:

For 60. prices have been reduced.

For 6, no price alteration has occurred.

For 8, prices have risen.


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