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Order of the Day read for the adjourned debate on the motion of the Minister for Industry and Commerce (Senator Button)-That this Bill be now read a second time.

Debate resumed.

Senator Durack moved an amendment, viz: At end of motion, add '', but the Senate - (a) is of the opinion that the Government should acknowledge that permanent jobs will only be created when economic recovery occurs and should do its utmost to implement policies consistent with the following extracts from the National Economic Summit Communique: (i) there is a recognition that to achieve recovery will require restraint in expectations and claims from all sections of the community except the impoverished (paragraph 2),

(ii) it is a legitimate expectation that income of the employed shall be increased in real terms through time in line with productivity (paragraph 8), and

(iii) the preservation of the private sector as a profitable operating sector is essential to Australia's well-being and to encourage job creating investment both from within Australia and abroad (paragraph 9); and

(b) resolves that the Government should seek to extend the wages pause and subsequent wage restraint until economic recovery, increased investment and consequent job creation have commenced strongly''.

Debate continued.

Question-That the words proposed to be added be added-put and negatived.

Question-That this Bill be now read a second time-put and passed.

Bill read a second time.

The Senate, according to Order, resolved itself into Committee for the consideration of the Bill.

In the Committee

Bill, by leave, taken as a whole and agreed to.

Bill to be reported without amendment.

The President resumed the Chair; and the Temporary Chairman of Committees ( Senator Coleman) reported accordingly.

On the motion of Senator Button the Report from the Committee was adopted, and the Bill read a third time.