Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Wednesday, 15 March 1961

Mr GALVIN (KINGSTON, SOUTH AUSTRALIA) - My question is addressed to the Treasurer. Is he aware that many business undertakings are facing great financial difficulties and possible bankruptcy if the trading banks enforce the Government's directive that their bank overdrafts must be cleared up by the end of this month? As that date is rapidly approaching, will the Government consider extending the date from the end of March until, possibly, the end of June, thus preventing further hardship and unemployment?

Suggest corrections