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Tuesday, 17 February 1987
Page: 6

(Question No. 945)

Senator Messner asked the Minister representing the Treasurer, upon notice, on 20 February 1986:

(1) What investment controls does the Government intend to introduce over new union-sponsored, industry-wide funds to prevent undue concentration of investment, in particular corporations.

(2) Will the Government give a commitment to prevent union-sponsored schemes holding undue equity in any one corporation.

Senator Walsh —The Treasurer has provided the following answer to the honourable senator's question:

(1) and (2) The honourable senator is referred to the answers I have provided to Questions Nos 938 and 939.