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Tuesday, 30 November 1976
Page: 2973


Mr DEPUTY SPEAKER (Mr Lucock -Does the honourable member claim to have been misrepresented?


Mr CREAN - Yes. I wish to correct a misstatement made by the Treasurer (Mr Lynch) and the Deputy Leader of the National Country Party and Minister for Primary Industry (Mr Sinclair). I think this correction should be recorded. In his speech the Treasurer made reference to the devaluation on 24 September 1974, when I was Treasurer. He claimed that there had been leaks of information which led to substantial transactions. That claim was repeated by the Deputy Leader of the National Country Party. The claim is not correct. The present Deputy Leader of the National Country Party asked me a question in this House the day after the devaluation. In my answer I gave a full explanation and indicated that I had investigated the rumours and found that they were false. I suggest that the Deputy Leader of the National Country Party and the Treasurer have their own records from which they can see that the claim is entirely unsubstantiated. I resent it.

Sitting suspended from 6.11 to 8 p.m.







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