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Wednesday, 8 December 1965

Sir JOHNCRAMER__ My question is directed to the Treasurer. In recent announcements of additional finance being made available for housing, emphasis was' given to loans for new housing to stimulate the building industry. No mention was made of the need for finance for the purchase of existing and older homes. Is the Treasurer aware that the maximum stimulus is given to the building industry if finance is made available without discrimination between new or old homes, or between existing homes or homes to be built? Will he see to it that this economic fact is fully understood by Treasury officials and those dealing with housing finance?







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