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Thursday, 5 December 1974
Page: 4782

Mr Lloyd asked the Minister representing the Minister for Agriculture, upon notice:

(1)   What investigations have been made into the feasibility of an all risks crop insurance scheme.

(2   ) Who is responsible for these investigations.

(3)   Does the Minister intend (a) to introduce a Government supported scheme, (b) to encourage private insurance companies to introduce a scheme or (c) to do neither.

(4)   If a scheme is to be introduced, when will this occur.

Dr Patterson - The Minister for Agriculture has provided the following answer to the honourable member's question.

(   1 ) An examination is being made of questions relating to insurance of crops and livestock against natural disasters.

(2   ) An inter-departmental committee is expected to report on the matter to the Treasurer in the near future.

(3)   and (4) Decisions on these matters will be made when the enquiry is finalised and the findings have been considered by the Government.

I understand that an all-risk wheat insurance scheme has already been introduced in Western Australia on a limited basis by an insurance company.

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