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Tuesday, 7 December 1976

Mr HOLTEN (INDI, VICTORIA) - I ask the Prime Minister: Does the Government have as one of its major objectives the encouragement and expansion of the manufacturing industries of Australia? Is it a fact that manufacturing industries provide many jobs and also provide jobs for many people other than those actually employed in those industries? Is it a fact that manufacturing industries are struggling desperately with high costs mainly because of the absurd wage levels in Australia compared with the rest of the world? Will one of the side effects of devaluation unfortunately mean increased costs of imported raw materials and plant for some manufacturing industries, thus offsetting many of the incidental extra tariff protections through devaluation?

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