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Wednesday, 16 March 1966

Mr KING (WIMMERA, VICTORIA) - My question to the Treasurer follows a statement made by the Prime Minister last week when he said that it is desirable to provide the farmer with greater access to medium and long term capital for development purposes through his own private bank. As the terms " medium " and " long " are very loose and could be interpreted as being from as short as one year onwards, will the Treasurer seek as a long term category a period ranging from 15 to 20 years which will not hamper the applicant in his business?

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