PRICE OF PETROL
NO INCREASE PROPOSED IN AUSTRALIA INVESTIGATION OF RECENT REPORT. STATEMENT BY FEDERAL PREMIER. By Telegraph—Press Association—Copyright. (Received This Day, 12.45 p.m.) MELBOURNE, This Day. Representatives of the oil companies said there was no immediate intention to increase the price of petrol. Later, if the war went on, some slight increase might be necessary, but there was no reason why the price should soar. A Canberra message states that the Federal Premier (Mr R. G. Menzies> said the report that the announcement of a probable increase of sixpence a gallon in the price of petrol emanated from lhe Ministry for Information will be investigated. It has been suggested that the report was put out by the Ministry to lest the public reaction. A message from Melbourne on Tuesday last read:—“The retail price of petrol will probably be raised by sixpence a gallon shortly. The increase will be made up of duty'. 3d; the oil companies’ portion, 2d; and the retailers’ share, Id a gallon. Such a rise would affect consumption to such an extent that the. rationing of petrol will be unnecessary. The increase will assist the Commonwealth Government to finance its huge defence expenditure.”
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Wairarapa Times-Age, 23 November 1939, Page 6
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197PRICE OF PETROL Wairarapa Times-Age, 23 November 1939, Page 6
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