Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Wednesday, 1 December 1976


Mr Fry asked the Minister representing the Minister for Industry and Commerce, upon notice:

(   1 ) Do figures released by the Australian Bureau of Statistics show that foreign control of Australian manufacturing industry increased from 28.7 per cent in 1966-67 to 34.3 per cent in 1 972-73, an increase of almost 6 per cent in 6 years.

(2)   If so, has this increase continued during the subsequent period to 1976.

 

 

 

 


Mr Howard -The Minister for Industry and Commerce has provided the following answer to the honourable member's question:

(1)   Figures released by the Australian Bureau of Statistics show that foreign control of Australian manufacturing industry increased from 28.7 per cent of the value of total manufacturing production in 1966-67 to 34.3 per cent of manufacturing value added in 1972-73. However, the Bureau has stressed that because of changes in definitions the statistics for the two years are not strictly comparable and should be taken only as a broad approximation of changes in the level of foreign control.

(2   ) No data is available on changes in the extent of foreign control in manufacturing since 1972-73 but it is considered unlikely that any significant changes have occurred.







Suggest corrections