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Friday, 10 December 1965

Mr FOX (HENTY, VICTORIA) - I direct a question to the Minister for Trade and Industry. Is it a fact that Australian oil refineries have a considerable unused capacity? Is it a fact too that many millions of pounds worth of refined petroleum products are imported into Australia each year and that our import bill could be considerably reduced if the companies importing these items were compelled to import crude oil and refine it in Australia? If these are facts, will the Minister consider increasing the rate of duty on these refined products in an endeavour to persuade oil companies to make full use of the capacity of Australian refineries and so lessen the drain on our overseas funds?

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