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Thursday, 10 October 1996
Page: 5211


Mr BEAZLEY —My question goes to the Prime Minister and follows his confirmation that he was correctly advised. Is it not the case that as a result of, among other things, the Treasurer's announcement of the Wallace inquiry, the intention to proceed with the establishment of RSAs and the fact that ANZ shares have risen substantially since April—


Mr Tuckey —That was a decision that was taken before the election.


Mr SPEAKER —Order! The member for O'Connor. This is a very serious question. I invite the Leader of the Opposition to begin his question again.


Mr BEAZLEY —Prime Minister, is it not a fact that as a result of, among other things, the Treasurer's announcement of the Wallace inquiry, the intention of the government to pursue RSAs and the fact that ANZ shares have risen substantially since April this year, the Assistant Treasurer stands to, to quote your words, profit considerably from the sale of those shares now?


Mr HOWARD —I understand the drift of what the Leader of the Opposition is getting at. I have not had an opportunity to examine the calculations on which his allegation is based. I will do so. If there is anything further I should say on the matter, I will say it.