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Wednesday, 12 April 1961


Mr DUTHIE (WILMOT, TASMANIA) - In asking the Treasurer a question I refer to his statement yesterday that there would be a relaxation of credit restrictions as applied to building. Is this to apply in a sectionalized way, or will it apply over the whole country to all organizations that provide credit? In view of the continued closing down of sawmills in Tasmania, Victoria, New South Wales and Queensland and, I understand, Western Australia, with resultant unemployment of men in small country towns and isolated districts, is the Treasurer prepared to have his instructions applied so that the home building requirements of the people will be met in all these districts? Is the Treasurer aware that the only sources of employment in many country districts in Australia are sawmills, many of which have been closed down as a result of the credit restriction policy of the Government and that all talk-







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