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Wednesday, 17 February 1971

Senator FITZGERALD (NEW SOUTH WALES) - Has the Leader of the Government in the Senate seen statements to the. effect that the price of petrol is again to rise? In view of the Prime Minister's appeal to industry and to all sections of the community to maintain stability and to keep prices down, will the Minister ask the . Government to intercede with the oil companies with a view to preventing a further increase? As the Minister knows, the prices of oil and petrol were increased four or five months ago before the Parliament went into recess.

Senator Sir KENNETH ANDERSON - Petrol is one of those very Fare commodities the price of which is determined by a prices commissioner in South Australia. It is rather unusual for the price of a commodity which is used throughout Australia to be fixed by a commissioner appointed by the South Australian Government, but by this procedure a guide line is provided for the price of petrol in this country. The matter that the honourable senator has raised comes within the administration of the Minister for National Development and I will have the question directed to him this afternoon. I do not think there is any need for intercession by Senator Cotton; who represents the Minister for National Development.

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