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Thursday, 17 November 1960

Mr DAVIDSON - It will be perfectly obvious from the statement of the Treasurer in this House that the plans which have been outlined are designed to deal with the present situation. In suggesting that additional national stations should not be established, the honorable member for Wakefield does not take into account the fact that there will be no appreciable capital expenditure on these projects in this financial year and only a small capital expenditure in the next financial year. Therefore, the financial impact on our economy of the television proposals will not be immediate. I am quite sure it will be agreed that by the time substantial expenditure is required the measures taken by the Government to remedy the present situation will have been effective and no problem will arise.

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