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Wednesday, 30 August 1972
Page: 581

Senator MULVIHILL asked the Minister representing the Minister for Customs and Excise, upon notice:

In the light of the recent reduction in excise duty on Australian wines, what action is being taken to ensure that restaurants reduce wine prices, which were substantially increased when the duly was originally imposed.

Senator COTTON The Minister for Customs and Excise has provided the following answer to the honourable senator's question:

In his statement of 25th May 1972 my colleague the Minister for Primary Industry, commenting on the reduction in wine excise said that he had been given an assurance by leaders of the industry that the full value of the reduction would be immediately passed on by wineries to the benefit of consumers. I would sincerely hope that the industry has honoured this undertaking. However I doubt that that industry has any control over prices charged by restaurants. Certainly the Commonwealth has no power to control prices charged for wine.

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