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Wednesday, 19 April 1961

Mr McEWEN - I am not aware whether the Government was consulted or informed before this event took place. It would not necessarily be a matter for the Department of Trade; but I see no particular reason why the Government should be consulted. I have stated inside and outside the House a point of view on partnership between Australian industry and investors and overseas industry and investors, and I believe that, associated with this capital move within the Volkswagen company, there is a suggestion that, at a later date, the Australian public, as distinct from some Australian companies, will be given an opportunity to take a share interest. I will check whether I am right and whether something has been stated along those lines; but 1 believe it will be proved in the near future that a number of companies, including the Volkswagen company, will increase the export of motor cars from Australia.

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