PM Transcripts

Transcripts from the Prime Ministers of Australia

Gorton, John

Period of Service: 10/01/1968 - 10/03/1971
Release Date:
11/02/1971
Release Type:
Media Release
Transcript ID:
2365
Document:
00002365.pdf 1 Page(s)
Released by:
  • Gorton, John Grey
MEETING WITH FINANCE CONFERENCE - STATEMENT BY THE PRIME MINISTER, MR JOHN GORTON

FOR PRESS: PM No. 17/ 1971
MEETING WITH FINANCE CONFER] ENCE
Statement by the Prime Minister,. Mr. John Gorton
The Prime M1iister, Treasurer and the Governor of
the Reserve Bank today met with representatives of the
Australian Finance Conference.
The object of the meeting was to discuss ways by
which the Finance Companies and the Government could
co-operate should it be necessary to a-ct in the future against
possible inflationary consumer demand.
Consumer demand is not at present significantly
contributing to increased prices.
It was agreed that information would be exchanged
regularly between the Reserve Bank ari-, d the members of the
Conference, so that a month by month watch could be kept
on developments, and so that, if it were necessary in the
future to take any action, the Conference and the Government
would meet to co-operate in such action.
CA NBERRA
11 February 1971

2365