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Tuesday, 8 November 1977
Page: 3122

Mr Neil asked the Treasurer, upon notice, on 2 November 1977:

(1)   Does any expenditure class of the consumer price index take into account air fares.

(2)   If so, was the 23 per cent reduction in air fares to the United Kingdom by the Minister for Transport on 27 January 1 977 taken into account when compiling subsequent indices; if so, by how much did it affect each index.

Mr Lynch - The following reply has been provided to the honourable member's question:

(1)   Domestic, that is within Australia, air fares have been included in the public transport fares sub-group of the consumer price index since September quarter 19/6, but overseas air fares are not included in the consumer price index.

(2)   Changes in overseas air fares have no effect on the index.

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