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Tuesday, 11 September 1973
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Mr WHITLAM - Of course shares were affected as Government bonds were made more attractive. There has also been some effect overseas among investors in Australian mining shares because at last there is an Australian Government which is determined to see that Australia's mineral resources do not progressively pass into overseas hands. The Tariff Board is seised of a reference concerning the Australian motor vehicle industry. I am satisfied that as a result of this reference to the Tariff Board there will be an overall assessment of the whole of this very important Australian industry and that there will be some aspects which have never previously been considered by governments and upon which they have not taken advice, such as the location, safety, employment and environmental aspects which hitherto have been ignored. I am confident that it will be possible for Australians to get better cars through taking into account all those factors and that better cars will be manufactured through taking into account all those factors.

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