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Holt urges government industry teamwork to curb volatility
Treasurer Holt urged closer contact between government and industry to avoid difficult economic adjustments of the 1960s. He said authoritative industry spokesmen are needed and warned that steady growth requires price and cost stability. He also noted psychology and public optimism affect planning and urged ongoing consultation. London raises sugar price amid world shortages and a fire in Townsville worsens the supply outlook.
MENTIONED IN THIS ARTICLE
Holt
Tom
Mr. Holt
Australia
London
A.ap
Reuter
London Sugar Board
Japan
Townsville
Queensland