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Thursday, 21 May 1970


Mr BURY (Wentworth) (Treasurer) - in reply - I thank the honourable member for Melbourne Ports (Mr Crean) who led for the Opposition, for supporting the project outlined in the Bill. Of course, in the final analysis the project is, from Australia's point of view, quite simple. It is a way of increasing Australia's liquidity in the international system. I take it that this subject is dear to

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the hearts of honourable members on both sides of the chamber but no more so than to the heart of the honourable member for Melbourne Ports. I should point out to the honourable member for Adelaide (Mr Hurford) that a good deal has been said about the increase in quotas. If he would like me to provide any specific information on this subject I will be only too pleased to do so. I would appreciate the interest of all honourable members in this subject, which certainly helps to form a national view and back a sound continuity of policy. If there is any specific way in which I can better inform honourable members I would be pleased to do so. I thank the Opposition for its support.

Question resolved in the affirmative.

Bill read a second time.

Message from the Governor-General recommending appropriation announced.







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