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Thursday, 21 May 1970


The CHAIRMAN - Order! I would suggest to the honourable member for Banks that he restrain himself in regard to the language and the phraseology he uses in referring to a member of the Senate and to the motives of that member.


Mr MARTIN - I am very conscious of that duty, and I will accept your judgment on that point, Mr Chairman. I will not infer motives. I will just quote, if I may, his exact words. Senator Little said:

He has stolen my ideas.

The vote was taken on that amendment. The members of the Australian Democratic Labor Party voted with the Government against the ideas that Senator Little had expressed previously. I make no comment as to their motives.


Mr Stewart - lt sounds like a bit of hypocrisy.


Mr MARTIN - It was rank hypocrisy on the part of the members of the Austraiian Democratic Labor Party who sit in another place.

Mr Chairman,the amendment agreed to in the other place has now been returned as a request to this Committee, lt will have absolutely no effect and will provide no benefit at all to the credit union movement at this stage. Even if the amendments which the Government has introduced are carried, no credit union in New South Wales could qualify under the legislation - none at all. What are the real motives of the Government in ensuring that no credit union can qualify? 1 suggest there is 1 motive and 1 alone. The Government fears the growth of credit unions. That is the reason deposits with credit unions are not eligible for the grant now. I suggest that these deposits will never be eligible while we have this Government in power.







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