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Tuesday, 23 October 1956


Mr HULME (PETRIE, QUEENSLAND) - I. direct a question to the Prime Minister. Is it a fact that the States incurred deficits totalling approximately £15,000,000 last financial year? Were those deficits funded by the Commonwealth Government at the Commonwealth Bank? What guarantee has been given by the States that a similar, or even worse, result will not occur this year or in future years, and has the Commonwealth informed the States that in future such deficits will be taken into account by the Commonwealth in determining financial assistance in the year following the deficit?







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