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Thursday, 18 May 1972
Page: 1879


Senator MURPHY asked the Minister representing the Treasurer, upon notice:

What are the latest estimates by the Reserve Bank of the growth of the gross national product of the Australian economy at current prices and at constant prices for the current financial year?

Senator Sir KENNETHANDERSONThe Treasurer has provided the following answer to the honourable senator's question:

In order to keep trends in the economy under review and to formulate policies, the Government receives assessments of the state of the economy and its possible future course from a number of sources, among them the Reserve Bank. However, it is not the practice of the Government to disclose details of the confidential advice given to it in this regard.







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