Does anybody remember the bad old days of the Supplementary Minimum Pricing scheme under Muldoon? With special feature audio.
Wed, 11 Jul 2018
Does anybody remember the bad old days of the Supplementary Minimum Pricing (SMP) scheme under Sir Robert Muldoon?
For the youngsters out there, here’s a quick recap. The government paid $1.192 billion in SMP subsidies to sheep and beef farmers between 1978 and 1985 to “smooth” their incomes. That
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