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Thursday, 2 December 1976

Mr SPEAKER -Order! The honourable gentleman will resume his seat. One must accept occasional interjections, but I will not accept a barrage of interjections. I ask honourable members on my left to remain silent.

Mr MacPHEE -Probably it is sufficient to say this: It has been commonly said in industry, especially in manufacturing industry in the last few weeks, that it was pointless to talk about long term productivity improvement unless some short term measures were taken to give industry a breathing space in which to make investments and create the employment opportunities to which I have referred. It is commonly said that if you are sitting in a crocodile infested swamp and being bitten by the crocodiles it is a bit difficult to recognise that your principal task ought to be to drain the swamp. This measure has helped to drain the swamp and the task is now in front of industry. The restraints and constraints necessary on all of us must be carried out. This measure will be of great benefit to long term productivity improvement and medium term employment.

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