DANGEROUSLY INFLATED
AUSTRALXA'S CURRENCY Received Friday, 10.30 p.m. CANBERRA, March 15.* ' ' More than £57,000,000 . of additiona' bank credit has been pumped into the community since last June to bol.sfce, Australian economy. Ministers who arc supporting the viewpoint of Mr. Chifle; fchat the artificially high wage level is infiating the price sfcructure point oui that more than £400,J00,000 in Treasur; bills is now outstanding. The section of Cabin-et that is asking for what it considers a more realistic view of the financial problem contend? that on these figures a general all round taxation reduction of any size cannot be made. i . 9 %
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Bibliographic details
Chronicle (Levin), 16 March 1946, Page 5
Word Count
101DANGEROUSLY INFLATED Chronicle (Levin), 16 March 1946, Page 5
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