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Tuesday, 27 November 1973

Senator MURPHY - The Government does not oppose price increases where they are warranted. In fact, it has set up the Prices Justification Tribunal in order that the increases in prices by very large corporations may be brought before it for examination. That is the kind of thing which has been happening for years in regard to wages in hearings before the Commonwealth Conciliation and Arbitration Commission. An application will be made to that Commission just as applications have been made throughout the years. There the whole matter will be examined. This Government is endeavouring to extend the principle of justification not only to wage increases but also to other increases.

Senator GREENWOOD - I ask for leave to ask a supplementary question on the basis that the question was not answered.

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