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Thursday, 25 November 1965

Mr CLEAVER (SWAN, WESTERN AUSTRALIA) - Has the Treasurer's attention been drawn to Commonwealth Ranking Corporation figures for loans to building societies, which indicate that while the savings bank loans increased during the last financial year by about £11 million, loans by trading banks declined in aggregate? As home building finance needs stimulation I ask whether the Banking Corporation may be encouraged to assist the Australian building societies with more substantial and regular advances.

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