Transcript 4778
PRESS OFFICE TRANSCRIPT 16 AUGUST 1978
ABC COUNTRY HOUR COLIN MUNROE
Question: Last night's Budget has been variously described by Mr. Hamer
as severe, by Mr. Hayden as brutal, by Mr. Hawke as
horrendous. How do you see it?
Prime Minister:
I believe it is a responsible Budget and one that is very
necessary for Australia in 1978 and beyond. We've made
considerable progress in getting inflation down, in getting
stability into wages and the economic structure of this
country. But we all know that inflation is still too high.