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Tuesday, 15 November 1983
Page: 2653


Mr RONALD EDWARDS —I give notice that, on the next day of sitting, I shall move:

That this House-

(1) notes the success of the Government's First Home Owners Scheme in terms of inquiries and applications from the public;

(2) recognises that recovery is now under way in the housing industry;

(3) notes the recent reductions in housing interest rates being charged by building societies and some banks; and

(4) calls on other banks and building societies to reduce their rates on new and existing loans at the earliest opportunity.