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Thursday, 25 October 1956

Mr DALY (GRAYNDLER, NEW SOUTH WALES) - I ask the Treasurer whether his attention has been drawn to the following statement by Mr. Warwick Fairfax, of " Sydney Morning Herald " fame, at the first annual meeting of John Fairfax Limited -

Unfortunately the financial policy of both the Federal and New South Wales Governments has been anything but helpful. In my view, the Federal Government's diagnosis has been faulty and the treatment, in many cases, worse than the disease.

In view of Mr. Fairfax's strong criticism of the Government and the apparent desertion of this stalwart from the cause, will the Treasurer heed his appeal and proceed, without further delay, to change the policy of the Government taking, even at this late stage, the necessary steps to restore financial and economic stability to Australia?

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