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Wednesday, 15 May 1957

Mr COSTA (BANKS, NEW SOUTH WALES) - I preface a question to the Treasurer by reminding him that the Commonwealth and State Housing Agreement of 1956 provides that 20 per cent, of the sum made available to the States for housing is to be paid into home builders' accounts and made available through building societies to clients desirous of having homes built. Will the Treasurer inform the House of the method of allocation of this portion of the State housing loan money to the building societies? I ask this -question because a number of societies have not received any part of these loans, and are wondering why.

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