More Positive Steps Wanted On Inflation
In a remit considered by the National Party's annual conference in Dunedin the Taupo electorate urges the Government "to take more positive steps to arrest the * growing frustration, dissatisfaction and alarm caused by the inability of exporters to absorb increasing inflation- • ary costs." The remit suggests that "the two main ways of arresting the trend" would be to: & Amend the Act governing the Arbitration Court to provide for wage alterations to be based on changes in the country's productivity, as suggested by the Agricultural Development Conference, and not on the consumers' price index, and © Control over-employ-ment "by refusing to foster and protect uneconomic industries." The remit claims New Zealand has a "two-tier economy," with manufacturers and wage-eamers on a cost - plus basis, whereas the primary industries and exporters of finished goods - "have to market their products at world prices irrespective of internal costs."
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https://paperspast.natlib.govt.nz/newspapers/TAUTIM19650727.2.27
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Taupo Times, Volume XIV, Issue 58, 27 July 1965, Page 4
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149More Positive Steps Wanted On Inflation Taupo Times, Volume XIV, Issue 58, 27 July 1965, Page 4
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