POWERS TO FIX PRICES IN AUSTRALIA
(11 a.m.) CANBERRA, June 21. All the State Premiers will meet the Federal Prime Minister, Mr. J. B. Chifley, tonight to discuss the transfer of price fixing powers from the Commonwealth to the States. At a preliminary conference this afternoon Victoria will seek. the support of other States in asking the Commonwealth to continue subsidy payments on essential commodities —mainly those on items on which the basic wage is computed.
In Brisbane the Queensland Premier, Mr. M. Hanlon, said that the State would be unable to control the prices of goods worth £50,000,000 annually imported from other States. The most the State could do would be to fix the margin of profit a retailer could take. The ideal way to overcome the problem, he said, would be for all States to pass uniform price fixing legislation, but in practice this had been found impossible because of interference by the Upper House in some southern States.
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Gisborne Herald, Volume LXXV, Issue 22669, 21 June 1948, Page 5
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161POWERS TO FIX PRICES IN AUSTRALIA Gisborne Herald, Volume LXXV, Issue 22669, 21 June 1948, Page 5
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