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Friday, 3 December 1976

Mr KELLY (WAKEFIELD, SOUTH AUSTRALIA) - My question is directed to the Minister for Business and Consumer Affairs.

Mr Jacobi - Better make it short.

Mr KELLY -It will be short. Can the Minister assure me that it is still the Government's intention to tackle inflation with courage and determination? Is he aware that the devaluation decision is equivalent to an 80 per cent rise in tariff protection for imported protected goods? Does not the Minister see that not to tackle the tariff problem with confidence and resolution will allow the inflation horse to bolt, and it is likely to kick the trap to bits before we catch it again once it gets away?

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