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Friday, 11 September 1942


Mr ROSEVEAR (DALLEY, NEW SOUTH WALES) - I draw the attention of the Minister for War Organization of Industry to a statement which appeared over his name in the Sydney Daily Telegraph, of 9th September, in which he said -

The response of the banks to the Federal Government's request for a reduction in the number of branches has not been satisfactory. The Government is determined to reduce drastically the present number of branches. Many suburbs and country towns have six or seven banks when the work could be done adequately by half the number.

In view of the fact that the policy of his department has been that small businesses must go out of production within one month of being so instructed, this term being extended in exceptional circumstances only, and that plant is taken out of small factories and placed in large ones, sometimes at 24 hours' notice, why is the Government so solicitous for the welfare of the banks, and why does it not act towards them in the same way as it has acted towards other businesses







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