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Wednesday, 24 March 1965

Senator PROWSE (Western Australia) . - I have been trying to understand the figures that have been presented to us. Senator Cant mentioned a discrepancy and Senator Wright said that he was satisfied with the explanation that had been given. Unfortunately, I cannot find any satisfaction in the statement that has been presented to us. The amount originally pledged to the fund was 895 million dollars and Australia's contribution was 15.6 million dollars, equivalent to £A6,965,000, near enough to £7 million. On my calculations, Australia's contribution represents 35.2 per cent, of the original requirement. Adopting the same ratio, our contribution on this occasion would be not £4.669 million but £2.3 million. On the face of it, our contribution is now double what it should be. I should like the Minister to explain this apparent discrepancy. No doubt there is an explanation which has not been revealed to the Senate.

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