This program was originally prepared at the request of a powerful political personage whose name is well known in Australia. Needless to say, that Cabinet was incapable of sufficient resolve to face the challenge and controversy involved, and opted for a sedate atrophication.
Inflation, unemployment and interest rates are all much higher than is acceptable. At the same time it is also clear that this nation has a vast unused productive capacity. It is also evident from the continuing crises, that Government initiatives at the Federal level have been either incorrect, or inadequate, to divert this economic crisis. There is nothing original in the policies advocated there, except their application to our present situation.