§ 48. Mr. Osborneasked the Minister of Food why he has just agreed to pay 20 per cent. more for Australian beef under the 15-year Agreement signed only a year ago, which makes the price 60 per cent. higher than it was in 1950–51; and how soon the public will have to pay these increased prices.
Dr. HillIn order to adjust prices to costs as required by this Agreement, 111W which aims at bringing forth greater deliveries of all meat. There will be no immediate effect on retail prices.