Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Wednesday, 9 March 1966

Mr McMAHON - There have already been some negotiations with the Reserve Bank of Australia with a view to having the administrative arrangements completed so that the funds that were mentioned can be made available as soon as practicable. However, there first must be negotiations between the Prime Minister and myself and the Reserve Bank and the trading banks so that they can be acquainted with the Government's wishes and so that we can get their full co-operation. We are already working on the details of the scheme which must, of course, be presented to Cabinet for final endorsement. We are treating this matter as one of great urgency and I hope that Cabinet and the Reserve Bank and the trading banks will be able to deal with it in the near future.

Suggest corrections