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Friday, 21 November 1941


Senator FRASER - The Minister for Commerce has supplied the following answers : - 1 and 2. The Government finds that the understanding between the United Kingdom and Australian Governments is that the price may be reviewed in May of each year. The Government has also ascertained that the previous Government failed to initiate any such review. On. account of this failure it mar not be possible to arrange any change in "the price until the 1942-43 clip. The Government at present has this matter under consideration.

3.   The previous Government seems to have regarded it as impracticable to recoup producers who sold stock in the period just prior to an improvement in the export position. So far, the present Government has not seen apracticable means of doing so, but is taking steps to place in the special mutton and lamb fund the sum representing the retrospective benefit of the recent increase in prices.







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