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Wednesday, 3 May 1961

Mr LUCHETTI (MACQUARIE, NEW SOUTH WALES) - Has the Minister for Trade seen a statement attributed to the chairman of the wool inquiry committee, Sir Roslyn Philp, that he was not at all sure that the Commonwealth Government would finance a floor price scheme for wool? Because of this uncertainty which appears to be hindering the work of the inquiry, will the Minister say to what extent the Australian Government will go in financing a reserve price plan if this form of marketing is found to be in the best interest of the wool-growers and the nation?

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