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Thursday, 30 August 1973
Page: 672

Debate resumed from 29 August (vide page 389), on motion by Mr Crean:

That the Bill be now read a second time.

Upon which Mr Snedden had moved by way of amendment:

That all words after 'That' be omitted with a view to inserting the following words in place thereof: this House expresses disapproval of the Budget because it is economically irresponsible in that:

(1)   with inflationary pressures intense it fails to adopt any policy to bring inflation under control;

(2)   with resources already under strain it applies wrong economic principles by overloading resources further by expansionarypublic sector spending;

(3)   it permits the tax burden to accelerate to an unprecedented level;

(4)   it is a further step in the attack on the Federal system of government by Labor which aims to centralise all decisions in Canberra;

(5)   it jeopardises the future growth of living standards and economic development of the nation;

(6)   it unfairly discriminates against the rural community and discourages decentralisation;

(7)   it does not provide a framework of social equity, and

(8)   it fails to honour election promises'.

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