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IPC plays vital role in government's housing success



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MINISTER FOR

HOUSING AND

MEDIA RELEASE

M RS 157/84

IPC PLAYS VITAL ROLE IN GOVERNM ENT'S HOUSING SUCCESS

"Information provided by the Indicative Planning Council (IPC) has been vital in the formulation of Labor's successful housing program", Chris Hurford, Minister for Housing and Construction, said in Canberra tonight.

He was speaking at a special dinner marking the handover of the Council's Chairmanship from Dr. Harold Bell, former Chief Economist of the A M P Society to Professor Fred Gruen, Head of the Department- of Economics, Research School of Social Sciences, at the Australian National University.

"The turnaround in the fortunes of the housing construction industry dates from the Housing Mini Summit held in Sydney on 28 April, 1983. The information provided then by the Indicative Planning Council was vital in making policy decisions. The subsequent work of the IPC has

been similarly most useful. Members of the IPC are. drawn from a wide range of interests involved in the housing industry. I am most grateful for the time given by private sector representatives to this valuable activity.

"I am particularly grateful to Dr. Harold Bell for his Chairmanship over the past several years. The Council has developed enormously over this period.

"I also appreciate very much the willingness of Professor Fred Gruen to undertake the task of Chairmanship for the next few years. He and I and all who give their time to this work know how important it is to institute policies quickly based on sound information, in order to even out fluctuations experienced in the industry."

Canberra 8 November, 1984

Media Contact: Kevin Dupe (062) 72 6635

Parliament House, Canberra