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Thursday, 21 March 1968

Dr PATTERSON (DAWSON, QUEENSLAND) - I direct my question to the Prime Minister. Will he, as Prime Minister, immediately put an end to this farce which is developing in relation to the relative purchasing power of money and real wages in Australia and which has now culminated in the issue of a statement by the

Treasurer, bypassing this Parliament? I ask him this because, as anybody with training in economics would know-

Mr Dobie - What is the question?

Dr PATTERSON - 1 am asking the question. As anybody with training in economics would know, either the Treasurer or the other gentleman concerned in this farce could justify his conclusions if they were calculated to fit particular assumptions. Will the Prime Minister arrange for a statement and a debate on this subject next week, because there can be only one answer to the question, not two or three? All wage earners, pensioners and housewives, and even members of this Parliament, know the truth about the relative real purchasing power of money today.

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