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Tuesday, 6 December 1960

Mr McMAHON (LOWE, NEW SOUTH WALES) (Minister for Labour and National Service) - I think it is wise, in the interests of both employees and shareholders in companies, that no exaggerated or provocative statements should be made about lay-offs, or probable lay-offs. I do know that some part of the lay-offs by Pope Industries Limited was planned well before October, and lay-offs did, in fact, commence shortly afterwards.

I have already stated in this House that I think it is much too early yet for any one to claim that action being taken by such companies is the result of action taken by the Government. I emphasize that I wish it to be clearly understood that I do not think exaggerated or provocative statements should be made, as such statements must be contrary to the interests of both the workers and the shareholders in the companies.

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