PM Transcripts

Transcripts from the Prime Ministers of Australia

Hawke, Robert

Period of Service: 11/03/1983 - 20/12/1991
Release Date:
09/02/1987
Release Type:
Speech
Transcript ID:
7108
Document:
00007108.pdf 4 Page(s)
Released by:
  • Hawke, Robert James Lee
PRIME MINISTERS LUNCHON ADDRESS TO JAPANESE INVESTMENT MISSION TO AUSTRALIA MELBOURNE - 9 FEBRUARY 1987

C1IE. CK AGA INS-. T D1-: 1.1Vi-: py M31 I~ A
J~ AUSTHALIA
PRIME MINISTER
KNNftft'-S LUCMN _ ADDRESSTO
JAAMS II6" iVKSulT MISSIONA TO IA
) M AXAYA, AND OTURISI) SUE XO OF THE JAPANESE
DIJOATICR1, LADI IS AND GNT1.1F11.
I AN PLEASED TO 3X -AELE-T0--JOIK-TGO -FVl L1721R 1' OMY AS IT
ALLOW ISN TO CCVRY TO YOU P= SO~ lLLY THE IXPORTAMM I AND-MY
GOvXMNIIN 1' LACZ ON WU VISIT.
YWR KISSIviI, COKRISIXO SOME PMX DISTIMMOISU1D DU. RQa& TS.
IS TIM LARGEST INY38MCWT MISSION To LEAVE JAPAN -WHIC33 I
BWIEY CLEARLY INDICATES TUAX TER IXFORTAiK2 WE PLACE ONE
THESE TALES I S RECIPROCATSD BY YOUl.
LET NR SAY AT TE OUTSET THAT THl AUSTRALIAN GOYKNAM WILL
DO ALL IT CAN TO WAU YOUM VISIT A SUCCESS.
AS YOU AR AWARE, THE IXITIATIVE OF PM ~ fIN
JAPANKSX-NJSRALXAM IWIRSTURNT AROSE OUT OF XY DISCUSSIUW IN
JAPAN WITS MR H~ ASO LANT MAY.
SIMATOG DUTT( 31 ALSO WMT WITH M 9AXASONR W1 WE VrlSI TID
JAPAN LAST MOWSRI AS MEAD OW TEl COUMTRPART AUSTRALIAN
INYKBrNRUT KISSIUE. AND I AN PLEASED TO SAY THAT rTf'RXPORTS
I HAVE RECR I ED ' ROK SD( ATOR BUTTON A20MJ THAT MISSIONU ARE
MOST RUOmAINC.
AS YOU KO THrIS EXCHANGE Or I NVESTMT ( I SS IW 113i OCCURRI NO
X A PA. RTICULA,.-CtUALLIM UC TI1A XC NCUCC UISTC) 9Y Of
RACH OT OUMl CC v k"

THE DRAMATIC NEAL I INT OF TE WOLD' S MAJOR CUIRXWI ES
WICH RAS OCCURRSD OYID THl PAST TWO YEARS RAS ) MANT THAT
BOTH OF 00li COUN2211 NERD TO LOOK HARD AT OURINDiUTRYi
uTUCTURKS AND TRADINGi
IN AUSTRALIA'S CASKt THE DKPRICIATIO3I OF OUR CURRDKCYDILATIVEC
TO THE TEN AND TO MHE CURRKfIZIE Of OURI aOTHR MAJOR
TRADING PARTISKS HMS QPD UP A WHOLE NEW VISTA OF
-PROFITABLEIV3STa. immflK-OPPWNWITIRS
OPPORTUNITIRS IN MA3IUACTURIU AND IN TEE SEMVCE
INDUSTRIES IN PARTICULAR.
AS YOUJ INW IT WILL TAU I 3 CIDNABLIK FFORT CES MH PART
Of THE AUSTRALIAN CCEINITY IF WI All TO TARXI FULL ADVANTA0E
CE TIS11 NEW COPMWT~ ITI IS.
BUT I CAN ASffURE YOUJ THAT THR AuSrAL I Am amVEW WfESTa AND -THE
AUSTRALIAN PEOPLE ARN PREPARXD FOR THE ZINO 01 SUSTAINED
arrow WHICH1 is REQUIUID.
SONS3 01 YW IkY WELL THINK OW AUSTRALIA AS A KIGH WAGE, LOW
PRODUCTIVITY, STRI XE-PRM CEX RY.
EVEN IF THURE MAY HAVI UXEI TIMES WK E1-DINTS OF THAT
DXBCRIPTICBS WERE APP( 51T1 IN THE PAST, THE STATISTCS SNHI
CLEARLY THAT AUSTRAL IA' S RECORD IN EACH AREA OVR TUBE~ PAST
FCVR YEARS HAS DMO QUITI TO THE CONTRARY.
THE RIAL COST 01P NMPLoAIB OUR PER UITE! OF PROIXICTIWM HAS
FALLEN SICDIIFICANTLY BY SEVEN P= R CXNT IN THE FIRST ( W
TUaE THE TRAM, WITH IFURTHE FALL S WU3CTED THIS
FISCAL lIAR AND E
CoURKSp= ED1ULY TM= R HA W= A SIC( I] FICANT IWCRABI IN

AVERAGE ) IONTHLY WORKING DAYS L( WT SINM APRIL 1933 IS RALF
THAT OF TEE SKVE YZARS RZFOCE THAT.
AND 17 TOU E9XCLUDE COAL MINING, A SicToR Im wIacH SOM
-INTRACTABLE INDUSTRIAL ISSUES HAVE _ HAD-TO -E lZ-ACED, THEUNDERLYING
TREND IN4 INIEJSTRAL DISPUTATION GENERALLYBUT
TRW STIZT CS Buur FOR-LABOUXCSTS-AND DISPUT? 5
AIRX UT SYMPTCUATIC OF A BROAME POINT.,-AND:-TEAT IS THAT THE---
AUSTRALIAN ECONMY IS BECCKINO X= INTEMATICMLALIST IN
OUTLOOK. OR DYNAIC NMIN DIRZPUZURIAL, NM WILLING TO
TAK1 RISKS A= D WORK HARDER TO WIN EXPORT ORDERS.
AND OF COUR8I WI AnE WELL PLAC39D GIOGRAPHI CALL! AT TEU ZDGE
OCF TE FAST-GROWING WZSTKU PACIFIC RIM TO EXPLOIT OUR
NATURAL ADVANTAGES OF ABUNDANT RDES OUCS PC IITI CAL
STABILITYs AND SKI LLXD LAB.'
THE GOVEMNUNT HAS TAM0 A XMBER Of STEPS To ENCOURAGE THIS
DEVILOPUM3I, IMMUDI:
LIFTING TIM BURDEN OIW OOV@ T REOLATIO;
* REFOEIG THE TAX SIUTI TO PUOVE INCENTIVES FOR EtRA
MFORT;
PROVIDING INCENTIVES TO 1_ 21C " R INDUSTRI AL RESEARCH
AND noailw
PROVDING INCDffVES AND FACILITATING INDOMY
ACRZD33IJTS TO PRaIKYYE GREATER 1711 CIXNC! AND
PRCC= I VI TY
IPICIALLY IN ARIAS IN VHICH OUR INUSG5RIZZ HAVE
-RE FRI V( MLY IGHOLY FRMOTTD AND lin=
LCXXI Va; AND

SUBSTANTIALLY RIMJCING THR RXSTRI CTI OBS PIE VI OUSL Y
PLACXD ( No FORRXG IINAV K-TLhK-T.
THE GOVIIMNT VI LL C IIU To PURSUE S UCH PICIES.
I CAN ASMUR YOU THAT JAPANEE AND GY FORUD INYRSTORS
WILLINIG TO PARTICIPATE IN TB~ INDUSTRIAL IRB12TH OF TUE___
AUSTRMI-AN KSCOWETIL VINwD W HlCCW AND ONILY TIM
UmINDED OF RISYRI CT! S.
AND In AU ALWAYS HAPPY TO DISCUSS PROPOSALS WITH
PoYDITIA! hIWIsT~ s To HELP WMMZVn POSSIBLE TO
OYRRCM ANY DIll! CULTI ES OR KI B WIIRSTAEDIMNS.
I CAN ASBl= YOU ALSO THAT THR TRADE UI11 ARX CCUITTID TO
EXPANDIIUA L XJ -BABE AND WILL DR HAPPY TO RAVE
COWMTATIW WITH POTRlTIAL INVESTORS TO PRONTI TIM
NICSSARY CO-OPRATICIW BETWR LMOY An wororcaK. r
BEllEV I~ 3 OW DISCUSSIOM WITH = ION LEADERS WILL AMPLY
ctusj THIs.
I AN C~ f1ri~ tr Y KCI SSZON WILL FIND InvaniSnDIT
OPPORTUNITIES HERIN NANI ARAS Or OUR ECMIY. I AN ALSO
CERTAIN TWAT, IN TE COUSZ OF YOUR1 TRAVELS AID DISCUSS! O~
YERJ WILL FIND A Ml DPIEAD AND DU1ABLI CaDITIlT ANWW
0O08T BUSINKE AND TRM MN! OM TO IN1PRQYIN OUR
INT~ fiNATI WEAL CCWPTITIYDEISI AND INVESTMST CUMlATS.
I WISH YOUR KIS8ICU EVERY SUCCESS. MWD I HOPE TOO THAT YOU
VILL RAVE TIM TO TARRIN SO= OF THE VZL I GE OF TE
AUSTRALIAN LANDSCAPE AND C13TUR WHICH ARE BRING SAMPLED BY
THE fIVCRABXW uDUMU OF JAPANsE VlSI TMS VI MM~ WV. COWN TO
acNcoRy. * eOee*** bO** eseg O** SSS,** S*

7108