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Tuesday, 23 November 1965

Mr CONNOR (CUNNINGHAM, NEW SOUTH WALES) - Has the AttorneyGeneral examined reports recently tabled in the New South Wales Parliament by statutory investigators regarding Latec Investments Ltd. and International Vending Machines Pty. Ltd.? In view of recent developments in relation to H. G. Palmer (Consolidated) Ltd. and such reverberating crashes as those affecting Reid Murray Ltd., Stanhill Development Ltd. and Sydney Guarantee Corporation, does the AttorneyGeneral adhere to his previously stated reluctance to introduce legislation for an Australian counterpart of the United States Securities Exchange Commission? If so, will the honorable gentleman inform the House of the action he contemplates to impose normal standards of business morality and security on certain sectors of Australian commerce and investment?

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