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Friday, 26 November 1965

Mr CONNOR (CUNNINGHAM, NEW SOUTH WALES) - My question is directed to the Treasurer. He will recall that on 26th October I asked him a question in this House suggesting an investigation by the Insurance Commissioner into investments made by the Mutual Life and Citizens Assurance Co. Ltd. in H. G. Palmer (Consolidated) Ltd. In reply, the Treasurer stated that the Insurance Commissioner had been having discussions with the assurance company in relation to its general investment procedures. I now ask whether the Commissioner has decided to take any more formal action in the matter as a result of these discussions?

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