In 1974 Minister of Trade and Industry Warren Freer attempted to restrict price rises by introducing a scheme which prescribed maximum prices for retail goods. It was not a success since it encouraged evasion and was highly bureaucratic. However the following year Freer proposed reviving the scheme, which the cartoonist Bromhead obviously regarded as a ‘dead horse’.
Courtesy of Peter Bromhead
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Alexander Turnbull Library
Reference:
A-314-1-011
Cartoon by Peter Bromhead
Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.
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