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Tuesday, 24 September 1974
Page: 1287

Senator SHEIL (QUEENSLAND) - I present the following petition from 25 citizens of Australia:

To the Honourable the President and Members or the Senate in Parliament assembled. The humble petition of the undersigned citizens of Australia respectfully sheweth:

That inflation and its side effects pose a threat to the future of all Australians.

That experience both in Australia and Britain indicates that the effect of inflation on food prices can be successfully offset by food Subsidies.

That food subsidies could be financed in Australia by means of new credits or the surplus taxation funds presently available.

That funds are far better spent in this way rather than financing wage rises as under the present system because these only produce increased costs.

Your petitioners therefore humbly pray that the Federal Budget will make provision for subsidies on basic foods so that the cost of living can be kept down.

And your petitioners as in duty bound will ever pray.

Petition received and read.

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