Debate useful but monetary union not on Government's agenda

26 April 2000

Debate useful but monetary union not on Government's agenda

"Monetary union is not on the Government's agenda. However the issue is worth debating and I welcome the contribution made by Dr Grimes and Sir Frank Holmes," Finance Minister Michael Cullen said today.

He was responding to the Institute of Policy Studies report - An Anzac Dollar?

"It is a comprehensive document which should stimulate a lively debate. The Government will monitor that debate carefully," Dr Cullen said.

The report was commissioned by the Australia-New Zealand Business Council from Sir Frank Holmes and Dr Arthur Grimes, the Director of the Institute of Policy Studies.

ENDS

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