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Wednesday, 25 May 1977
Page: 1880

Mr Stewart (LANG, NEW SOUTH WALES) asked the Minister representing the Minister for Industry and Commerce, upon notice, on 9 March 1977:

What is the anticipated effect on Australia's travel deficit arising from the recently introduced APEX (advance purchase) fare between Sydney/London and London/Sydney by Qantas and British Airways.

Mr Howard - The Minister for Industry and Commerce has provided the following answer to the honourable member's question:

The Australian Tourist Commission estimates that the recently introduced APEX fare could lead to an increase of approximately $600,000 in Australia's travel deficit for 1977. However, it should be noted that the estimate is a very broad one and other variables may affect the final outcome.

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