ru C. J MLO FAS ADDRES. TO 5YDriY JGCP2NALIST'I S* CLu c:
28TH' NOVUNBCZk, 1975.
! me miafr issue inv this elecrtion. I& the atrocioLus mismanaqement of
t& tnli'safais'overthne last threie years.. The rnafrcr chalenqetihe
A. stralianq tiext~ ve i~ to-get Australia. oa ths pa-tcl% to PIos0peri-ty.
There is no. 4oubt that this. cam. be done.. It can. only 1z done-if there i s.
an'. ixindiata ch." ange-of. ditrection: in-our apgroach to Au'strafla.'-s -econom-icpolm.--.
The. only-road. to, prosperity. is: through-policies which-Stimu; Iate
"-rwh ia-:, the, private. sector*.-
O nl in! thIs ; way-can we have the. expansiont of job-oppyrvn!-tiesR -needed. to
wit grwuinn mplymet.. Only'. i n., this. way can we Mave-theeconcinic
gqrowith on. whichi real I. and-healthy-increases,. -in; t. he~ revenue. can-.
bb. ssd.~ By-increasir9 the: revenue otst of real growth., we~ oanh n Olnt. an,'
* ttak. nth raidl' rizing, def ict+
irngthis;-week have: aq.ñ n directed. attention. iat tiwe massive and
4g~~.~ edxncrose jn'tbedeicit -sincze. the. original budqot etiats
-iTt 3 c--lear: thaft whatever thPase fMhs'. deficit it isgoinLr t or' presfent.
Autgliwt everea probilems of economnic -management next year-ad be__ yond:..
~ obf~~ areinlatrion, colsl an iigaeplo-yment. an
' wr croled-de fici are warning. signs-: of. the. most riuknd:
ha-ve stated., ad reatteLabor Party baa mat. beean-frank-aboumt, the.
Ime-diificucties. itspiehvevase' it has deibeisraty Stgh~ t
~ ttar concIfeal -! th fasct3,. rio 96t 9h the eastry pub-I. libed. its -owml
ndep'endent and accevdrtk'vla aesratof the-economy.
in TW ndia o of thtese . papes was. Stopped1Or-QYImeasn ny
teLbrPrycould, o: ltmer affoard to. have -its. peU-cies:, and, theirx-
2ttite-examined. ad. -reported-o0; 1: bypt.--rasr
Fvew thidngs-ant. ivore. syrnkicslic:* off the atutzdeo thef econm ova the
lsthree-yeers.;... Under the1 Hfayden. Bndget, uantouctiedj the, defii. t wiltl
P040 mo~ nil-ioi. Let u-s cions. ier tha reali-ty of-th 2inazurial. yea. r.
J1
-2-
-biously. e.-will. niot be able-to take now with the-financi-al: year
Lmost half' over, the. measures: we. would-have taken-, if we had been. i.:
goverrr~ n-in. the. months. leading-r up. to -the buqe.. The. budget is.-alreayopetating
contracts have. already. been let,-. agreements-have bee-n-made
with the. States: it. would' -be wrong. to. obstruct essential-Progra-es
There. is: a. way out of' our. diffitulties.-The: fundamezrtal. chaiiqe o-f,
direction.,. that mu~ sti occur-must. be brouqbt about with-, a. sensitiv hand, onthe-
wheel. Like. a1car.. careering-along... in, the. wrong. d ir ecton, the Course..
can, on-1y.--be changed*-with. care-.
Therefore..-untiz'tteze. ist the:.. most detailed, department. y.-depaxtmezh.
examination-. of. expendixe -and adaiaistratom,, is. not possible-to.
detail , where" economies-and4: restraint. can.. be-made,-in:. the: short. term...
With buadget: of-over $ 20., 4001 Milliow1it is% obvIoirs that improvementsn..,
mana gement. e fficiency can. r esult in' savings, aof may. rmil Iions-of dollaar
Ouxr-strategy now-.. musts be. to-; give-conxfidence:: to, -the: private: sector,, take*,.
maeases S-Whibar feasible o to. -stimuliate. economic-. activ-tyt
anonce-proq, ames: 4and. re forms. far,: ahead, as: possible-o provide.-a..
ba is fr' Pjann. rei. -in iextra agancea.: -government. spending,. as. much-.
as Poasib& lte in!. the: pa'rlt of-the-year that reai_, s,. commence: inzediAtely
~ lo~~. pa~ nq. fr henet-three. years.. There -as nt. been,. thea
fdtthi--net h n
2Pthesem aue. -r
-The rrbestaKae o. ms origt-Asrlas: vr. nteveni
, mMe tioWedh tkbay ~ ~ n.~ his no-P'liy Seecn.-unf ationj. unemp'loyme.
adt-he itax--prob'lem.-These, were-all vie. b-M WitIa ehs-
* completely.* mlsj~ udqed; the: concerns of-the-epl Heu: taoixf~ f ers-:
no' constcie rpsln way: overcoming'the probliems..-h:, ~ s
owl -atyhacs reated* forthe people, a1f Australia... He. has:: i-n
-number. o-f-occasi it. is! obviou~ sly'-true? that. he knows. nothinq: abdut:
. the-economy.
Hesretsn't G-sic; II ~'-eine tr rstr hi ownma ctaflv. U a taken.
ca ~ sFa cclc-Ea ' r~ s: dex inrc~ CCLnobenncs x: on.
nne rwi~ itehs nricestThiLS: very ei-Zz, urr a ecdceinz=
NwrD V-1~ toL ey documents thatk do: exs A. ti ~~ as teyQ:
him. lie c~ E. alcumxn'ts contaZLynim fvirxM! sts discusszedoavr-
f i.; a-t f ew. 41Os do rno t e'ri SC t hc rr will n ce m i&_-iKe, these
dooiment art
tr Teni-c-licy cCoit" IMe. eco-nomic ? r;. ta gnr z%
bendessarvlin o wsaaitbs oe and rcszsit aaemn f 4~ a~ a
9t~ rfffnft... After D~ er 13_ E . olc~ o OVrlf~ Asrl~ wl
be go-vexrmeflt policies-. Teewlb ivend-to-unccr-ord. rrated
tY~ tZZit, ene2? Zt U20f c : rihutiori, for xml"
poiv4n, th-e Dreviou. as. :! ver: c-n th in~ e e.-; fn e4& IAa~ ain
TMcv* -r: wil be flc-rciic~ rf hs To imintain: thea . inte'r t-
* anDolitic-ual natLure ofth uicsroheewlb-acsneo
a titude towi. rdg, & ppd-ntmentSU to-5eyr'ior n'i5-1uc4 s& cervice puliutiflhS th1Iis:
will ze desig-3nef4 maimla, yu1-11: dl7 pub1l jv ice. iad
a-vs'~ Ire s* er'afC
till ' 1 I.
1~: '-4
it'
I-i
113 ' 4
ii
* 1 il~ i
' is'
' L's' AL
4 42,
A 4.
II"'
' F'
' ti a H tie 0 [ 1
en
U. 1!
0.4) * 0~
Ii, lb I'Ll 11.1 F ' Ne ' a f i r It
, In I1" 1 ? 4 Cii
IP C. tu ( H ' i
II l P I
lb * tIT)
nil I j'w
in( L Vii-P
4 lr i
4 V
LE I L. i ' l 41 LI' i~: l'
4
' 2 ' 4:
r 1*
V. tt
IA' Ii C;
' A IL ' 4
In N, PCI
' is 13
Ii? H i~ J Li
di Li ii'
In Ill
~ t I.
aI~ ii
i[ j
CL'
a. I
Cli rt
LU " 2~
tie.
r I-F.
fft w~,
lv C)
Li õ 4
o I~ t'
4 IV
it Li ~ l:
' t: i r. t
k it
Ci Va' 0'
It': { t
Pt Li 141 1-4
* 1
P3' I.# 1I
~ 04i'
(' A
ie: 5
14'
11' ~ t
L~ ie
H Fr' rr ~ 4ls tj,.
ft Q il) U'
IA; ci ' Si
ji~ ID
0 tc~ rt rI~
' C 0 U)
it 41) l~ 4 P~
4
A1 Ene
r. 2 Ii'. 11' ' H # t 4
o L5
i~ fF I LI
ni ~ i rb
4 C L. LJ it
t'o
d S' ' Au
iii fl U
61 ' ii r~
~ v
.4 U) 4
I 11 ft
' 4 4~ Q
U I~ it'
* rs t ni
4 b ' It ti
II:' Iii I''
U t'I
rv 6
It I.
Li LI Ir "-I
Ill LA it H
' Ii Il L''
L' e. 4~ i
Li
' tt La dl.
N CZ q9' ' 3
c". i 411 V
di J~ L Li i~ A.
41~ 4 It Ff U)
r4 tri nil
V 0
o i-i h" ~ 4
F jil
L rV C x
Li Ut
U) ' U 10
IA PS
1) 1 A It o n
LIM
Ie' 4 ' U H
fe~ F~'
it' if I it'
111 tiJ ~ C'
1 4: Li
H' it
Li
~ i 0 Li ci
~ r K'
L'J ~ L'
me 41
CV jd
ff1 ~ ti
r~ a. ( I'
' 204 4j' ert!
r
i~ ' F'
c~ Ira 4'
4i jg. 1
ill' C'
~ y H Hi
P~' i LCI
Ti LI'
it ~ t
0 v
i/ i f~' J L~
ii' 4
H: i"~
F' P-I'
4e: e
42' 1714, i~
14.': 1\ e PU
p9 w ( HI
~ 2t. rp L~
nJ w k
El' It'
tF La
14, ~ j.
Li
Ci 14
El ( 4' ': fj
1: 1-Lii ~ i
be H: 1' s'
I~ it it' 14
0 A F~
it 1w"
"' I
liii ~ W 4-
~ pi'i I
14:.~ 5 U,
' p p
1.44 [ 1 b
ra ri w
1~*
ff1 Ii v~+ f. 9'
Ps U)
14 Ni H' IV
14>'
õ 4
c' ni
di
ii IP"~
t C"
1"" ~ s [ I)
' ti C'
1% II H
1: 4 ~ j
Li
Li" LA
ti2, it~
Li' H
HH 14. e õ ii
i$ i~ l
.4 ' 0 i%
it-' rt a
' ii ti
ci i,
i9
ifl ' it 4-Fr
it 4
N: it 14.
a ' a~
1
III f' 4
n Cu
91 n1il42 IA
r lrj
' 7;
1 LEt
H' Ct
i'j: l
( El
i" j ri' Ci
Li,
Ci) the.
~ 3 ' ii
Cu
Fiu Uk
3' far] Lu
w 14
em He Ill,
ci. a Ii-'. 42.
vI' It
o it~
' 4 * IY
F' it
It i' ff4
c 1b: e
rln Iii
ILl IA'
iLl lb
~ a
Is, U i-i'i
ri HI Ci eel
die f. ej ' E Fl
In, 14i"
14"! if~ ' 93
ii'i
it ' Li bee L!~ l
b 2
4 U ': 1
r4 ' LZ
Y r.~
LI C
' C ir"
L's Len'
L" ~ Je Id
It, -4
" ii
ii' lv Ut
' a . zi~
fi' ii
Ill ir~
U' rt ti
f~ " V Ci
Lii i] i
j~ I 14
rcI It'
iLl Is lerI
e~ i fl
'~ Ji
LI WI H
' V's fli
1% et
r' 41' hI
t rz
I'.
U ir i~
1.1: 1 F"
I" " r ni
w lrj
it Lu 4
' F Cii lJ
~ t iii h""
Cb ~ t.
" 1 0 0
IL ' 04
4t I'~ 1 ' Si
' A
a i)
I: 12' i', CAr : vj
PI
64 t
Cn
tjiiil p
A b
Tn&-r 2cii2~ 1 r~ nul hie Mitez uezt~ t r-iav'aew
œ. nE ap ~ Drw r 3SCZCl. Y~ i Le'rfCa
of t! e deatrea '-iwch . nrñ Tidc'jt an re4~ isae csarv, and
htnrt-he TacniitnV eaaisd t o imp.-int t hei 4c t ui M cdj 1tv, ' 3
Wwai lespir L hat te wr~ n : h lcto betue Sovrne-beatn~
nrtnt~, rniefl. aro-paturihcT. REisnits fz* ineest personnei,, and
3C , 1-1I cZft'Lase p~ 13 Jf SLeXV. aC e. cnlw4
L ac. A L. rrs S t
r"-Zc vi~ a' nnuoem.....~ tF
Z Vr7 En~ l-y n1
-t thtl~
a X jii
1, 7M1a _ l in, h 4 ,.. L. tk
3rrrrlt 4flti9'
r ~ a' cw~ Waeb WEati th; 4. wt tteathfc
2r. fi
erCAehe Af
r au rrC'ieaJr ~~ Vre
S SL: y lzY+ DIL Li -a In4,.
-r 29 fb.. flG~~~ itfl~~ 3WEEM XW rlI SOiI ea~ flf1 ( C t
IfI
4. 8.
S. S3 recuus-ngad tj rXES-fj_" Z
-' ia'a~ r-ttzn E t ca~ t c. a n 4 -f
a. -tCa hc VS an& till-i-r~ C5 p~ ffi
Or ; cI~ Aa tr~ f& t rE~ E tla ~ t~ cv$~ qtisrncu ata th. x yse
Ti-wlo -ct 7rJ-.~~ Ffi
he--h-e
I