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Hansard
- Start of Business
- QUESTION
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- OVERSEAS INVESTMENT
- POST AND TELEGRAPH BILL 1960
- INCOME TAX AND SOCIAL SERVICES CONTRIBUTION ASSESSMENT BILL (No. 3) 1960
- INTERNATIONAL ORGANIZATIONS (PRIVILEGES AND IMMUNITIES) BILL 1960
- LOAN (AUSTRALIAN NATIONAL AIRLINES COMMISSION) BILL 1960
- PATENTS BILL 1960
- INCOME TAX AND SOCIAL SERVICES CONTRIBUTION ASSESSMENT BILL (No. 3) 1960
- LOAN (QANTAS EMPIRE AIRWAYS LIMITED) BILL 1960
- AGREEMENT
- WITNESSETH:
- ADVANCE TO THE TREASURER 1959-60
- JUDGES' REMUNERATION BILL 1960
- SNOWY MOUNTAINS HYDROELECTRIC AUTHORITY BILL 1960
- ALUMINIUM INDUSTRY BILL 1960
- QUESTION
- PERSONAL EXPLANATION
- ASSENT TO BILLS
- BILLS RETURNED FROM THE SENATE
- SPECIAL ADJOURNMENT
- LEAVE OF ABSENCE TO ALL MEMBERS
- BILLS RETURNED FROM THE SENATE
- ALUMINIUM INDUSTRY BILL 1960
- ADJOURNMENT
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ANSWERS TO QUESTIONS
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International Labor Organizations Conventions
(WHITLAM, Gough, OPPERMAN, Hubert) -
Patents Act: Convention Countries
(WHITLAM, Gough, BARWICK, Garfield) -
Aborigines
(BEAZLEY, Kim, MENZIES, Robert) -
United Nations
(CAIRNS, Jim, MENZIES, Robert) -
Australian Military Forces
(BEAZLEY, Kim, STOKES, Philip, CRAMER, John) -
Defence Forces Pensions
(BRYANT, Gordon, HOLT, Harold) -
Banking
(WARD, Edward, FRASER, Malcolm, HOLT, Harold) -
The lodgments in October and November, 1959, represented calls to the Special Accounts of the trading banks. The Banking Act 1959, which came into operation on 14th January, 1960, replaced the special account system with the statutory reserve deposit system. The initial reserve deposit ratio of 16.5 per cent, determined by the Reserve Bank required the lodgment of an additional £2.7 million on the commencing date. The net lodgment of £16.5 million in February, 1960, mainly reflected on increase on 10th February of 1 per cent, to 17.5 per cent, in the statutory reserve deposit ratio. The ratio has remained unchanged since that date, and subsequent changes reflect automatic lodgments to or releases from statutory reserve deposits in line with movements in the banks' deposits
(FRASER, Malcolm, HOLT, Harold) -
Sales Tax
(DALY, Fred, HOLT, Harold) -
Overseas Borrowings
(UREN, Tom, HOLT, Harold)
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International Labor Organizations Conventions
Mr NELSON (NORTHERN TERRITORY, NORTHERN TERRITORY)
- Can the Minister for Territories inform the House when a more comprehensive draft of the Forster report on Northern Territory agricultural prospects will be available? I ask the question because of the interest that has been created by the report and because of a desire to ascertain the reasons set out for the conclusions that have been reached. I also ask the Minister whether a decision has been made by Cabinet in respect of any of the recommendations.
