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Thursday, 17 March 1966

Mr McMAHON - I have on at least three previous occasions indicated the Government's approach to long term lending for primary industries. Today the Government will be meeting the repre.senatives of the trading banks, and the Government's approach to this problem will then be put clearly to them. As the honorable gentleman will know, in negotiations of this kind I cannot be specific as to the rate of interest. One of the problems that will be discussed will be the rate of interest to be charged on these long term loans.

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