Report of the British Economic Mission to Australia

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Monograph

Identifikator:: 179824683X

URN:: urn:nbn:de:zbw-retromon-182286

Document type:: Monograph

Title:: Report of the British Economic Mission to Australia

Place of publication:: London

Publisher:: His Majesty's Stationery Office

Year of publication:: 7th January 1929

Scope:: 63 S.

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part III. Summary of conclusions and recommendations

Collection:: Economics Books

Rit two opposing camps. There should be the minimum of judicial and governmental interference with the relations between employer and employed; and industrial disputes should be settled by way of -discussion and frank interchange of views between the parties concerned. (Paras. 61 to 66.) (22) The system of fixing wages by reference to a basic money wage which rises and falls with a varying index figure of the cost of living is open to the gravest criticism as giving no interest to the workers in the reduction of the cost of living. (Para. 67.) (23) We hope for the best results from the Industrial Con- ference which has been begun in Melbourne ; and we look forward to suggestions from that body for the solution of the problem of fixing wages and settling the conditions of em- ployment. The solution of the closely related problem of tariff revision should thereby be greatly facilitated. (Paras BS and 69) PART IV. SUPPLEMENTARY MEMORANDA AND CONCLUSIONS. 71. We need scarcely refer to the magnitude of our task. It is self-evident from our terms of reference, and has been enhanced, though pleasantly, by the extensive programme arranged for us. Short as our time has been in Australia, we have been shown so much, and have gathered so much information, that the very extent of the field covered has somewhat embarrassed us in the compilation of our report. Had we had more time to devote to its preparation we should no doubt have amplified it, though we do not think that we should have amended it in any material particular. We have to go back to England by different routes, and on our return there must inevitably be greatly occupied with our personal affairs and businesses, so that we have had to make a choice between an immediate, shorter, and less complete report, and a longer document prepared at some future time. We have decided that we should best fulfil our task by presenting now a report containing our views on what appear to us to be main issues, together with supplementary memoranda on the subjects of — A. Transport. B. Taxation. C. Banking. D. The Development and Migration Commission, the Council for Scientific and Tndustrial Research. and Economic Research

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