The price of bread dominated the front page of The Canberra Times on November 11, 1964.
Two months earlier customers had been hit with a one-pence price rise for their family loaf, which had prompted an eight-week inquiry into the industry.
ACT bread price inquiry commissioner Mr H C Newman recommended the price increase be reversed.
The commissioner said recent wage increases for workers had meant the industry faced increased costs, but it was not obvious that pre-increase prices had been "fair and reasonable'.
Commissioner Newman also suggested the formation of a consumer protection council. Various civic groups across Canberra were pleased with the report.
Bakers' union ACT president Mr T Kerr said the union's 24-hour stop-work action had helped bring about the inquiry.
And national council of women ACT president Mrs H. G. McConnell said the suggested price reduction was "very good news" for housewives.
Also on the front page on this day in 1964, prime minister Sir Robert Menzies announced a return to compulsory national service.
Before the end of 1965, over 4000 young men were conscripted for two-years, many served overseas with regular army units.