These petitions were an important step towards the native title rights that exist today. Coombs travelled to Yirrkala many times, the first time being shortly before the Board met here in 1968. He wanted the interests of the community to be recognised and was looking for ways that its members could benefit from the new bauxite mine at Gove.
For example, let us assume that growth ultimately moves to trend but, in the interim, the continued above-trend growth increases the output gap still further. In response, policy should tighten incrementally, encouraging below trend-growth and hence unwinding the further increase in the output gap.