Price control likely
PA Wellington The Prime Minister, Mr Muldoon, said yesterday that he thought it “almost inevitable” that there would have to be some sort of control on prices after the wage-price freeze ended. “I don’t think you can let prices run free if you are not letting wages go, but what form that will take will remain to be seen,” he told a post-caucus press
conference. “If you have a strictly
controlled wage increase I think there would have to be some form of at least surveillance of prices.” Mr Muldoon said he still hoped that the Government, employers, and unions would be able to agree on a wage-fixing system for after the wage-price freeze. If there was no agreement the Government would have to take action, he said.
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Press, 17 June 1983, Page 4
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131Price control likely Press, 17 June 1983, Page 4
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