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Wednesday, 26 April 1961

Mr CLAY (ST GEORGE, NEW SOUTH WALES) - Is the Treasurer aware that the effective unemployment in the Australian textile industry now varies between 20 and 25 per cent.? I say the " effective " unemployment, Mr. Speaker, because in a very large number of instances textile mills are now working for four days a week instead of five, and where three shifts were being worked previously, only two are now being worked. Also is the Treasurer aware that this deplorable situation is, in the opinion of manufacturers, due mainly to the credit squeeze? For how much longer must the textile industry endure this artificiallycreated state of affairs?

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