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Wednesday, 17 November 1976

Mr SPEAKER -Order! Is the Minister asking for the table to be incorporated in Hansard*.

Mr McLEAY - Yes, Mr Speaker.

Mr SPEAKER -Is leave granted? There being no objection, leave is granted.

The document read as follows-


Mr McLEAY - I would like to continue by citing some other figures. Another important figure that I mention is that the value of work to be done from 30 June onwards totals nearly $ 1,000m. This is the equivalent of 10 months' work and is the highest figure for the last 2 years. The number of approvals- these would indicate an intent by someone to commence work- in the non-residential area in September this year was up 44 per cent over August. Total approvals in September were up 3 per cent on last year's peak. The cost of building materials- I think this is relevant too- both in the housing and the nonhousing sector has shown the lowest increase in 4 years since November 1972. More importantly, the private sector is now shown to be dominant over the public sector in commencements, work done and approvals. I think it is reasonable to claim that our economic policies are working and that in fact we are getting on top of inflation. I am pleased that some of the figures have been incorporated in Hansard.

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