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Wednesday, 23 November 1938

Mr CASEY (Corio) (Treasurer) . - in reply - I have to inform the honorable member for Werriwa (Mr. Lazzarini) that the officers of the Treasury have not been able to make a close estimate regarding the effect of this measure on the revenue, other than to say that they do not believe that, on balance, there will be any appreciable gain or loss. Any losses or gains will be' too small to be calculable, and will probably cancel each other out.

The honorable member for Perth (Mr.. Nairn) was good enough to approach me in my office regarding the matter he has raised. It is a material point, and I agree with him that the situation should be corrected. Therefore, when he moves his amendment I shall accept it on behalf of the Government.

Question resolved in the affirmative.

Bill read a second time.

In committee:

Clause 1 agreed to.

Clause 2 (Officers to observe secrecy).

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