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Reference to IAC on rolling stock producing industry



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nwyfJj. AUSTRALIA ,Lt

PRESS STATEMENT NO

23 September 1974

REFERENCE TO I.A.C. ON ROLLING STOCK PRODUCING INDUSTRY

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The Prime Minister announced today that he had forwarded a reference to the Industries Assistance Commission on the rolling stock producing industry.

Mr. Whitlam saik that the reference formed part of the Commission's Tariff Review program which was commenced by the Tariff Board in 1971.

The Commission had been asked to report within the next 18 months on the assistance, if an y , needed by the industry.

The Government would then have the benefit of the Commission's advice when considering extension of the two year purchase program for modern high performance bogie wagons announced by the Treasurer in his Budget speech.

CANBERRA, A.C.T.

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