CRITICAL PRESS COMMENT
(Rec. 8 p.m.) SYDNEY, September 27. Press reactioh to-day to the Federal Budget is generally critical. In a front page leading article headed. “Panic Budget Will Stun Nation." the “Sydney Morning Herald" says: “The Budget has delivered a staggering blow to the nation. It will depress industry, lessen incentive to work, undermine public confidence, and help raise costs to a pitch that may well cause sectional unemployment."
The Melbourne “Argus,” under the beading, “Will it Work?” says: “The Treasurer assumed apparently, and certainly erroneously, that all classes of the community have shared the inflation boom. The concessions are not of a nature to gild Sir Arthur’s pill.” The Melbourne “Sun” says: “Practically nothing, which by any stretch of the imagination could be classified as luxury, will escape the tax collector’s clutching hand.” The Sydney “Daily Telegraph” says: "The sort of gobbledegqok spoken by Sir Arthur Faaden will not convince the hard-hit taxpayer, who has to pay more for the things he needs."
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Bibliographic details
Press, Volume LXXXVII, Issue 26538, 28 September 1951, Page 7
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165CRITICAL PRESS COMMENT Press, Volume LXXXVII, Issue 26538, 28 September 1951, Page 7
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