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Thursday, 11 November 1976


Dr J F Cairns (LALOR, VICTORIA) - I address my question to the Prime Minister. Was the Government prepared last week to consider economic growth measure as well as the continued restrictions which it eventually adopted? Does he agree that it now appears probable that inflation will not fall at best by more than two or three points in a year, unemployment will increase and, above all, real production will fall and potential production by very much more? Does he agree now that inflation cannot be reduced unless production increases and that it is now time to adopt a growth policy to increase effective demand rather than the restrictionist one imposed on the Government by the Reserve Bank and the Treasury?







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