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Thursday, 29 March 1979
Page: 0


Mr FIFE (Farrer) (Minister for Business and Consumer Affairs) - I move:

That the Bill be now read a second time.

The purpose of the Bill now before the House is to amend the Bed Sheeting Bounty Act 1977 to increase the limit on the amount of available bounty to $600,000 in each 12 month period from 1 November 1977 and to revise, from 27 September 1978, the eligibility criteria in respect of bountiable sheeting to enable either the manufacturer thereof or another person to make up such sheeting into bed linen in Australia. The Bill reflects acceptance by the Government of recommendations by the Industries Assistance Commission contained in its reports on 'Further Short Term Assistance Arrangements For Textiles' (No. 147 of 25 October 1977) and 'Conditions For Eligibility For Bed Sheeting Bounty' (No. 179 of 7 August 1978). The measures contained in the Bill are designed to enable Australian manufacturers to compete more effectively against duty-free imported sheeting fabric.

The increase to $600,000 in the amount of available bounty is being made as a result of changes in the market which have increased the Australian manufacturers dependence upon polyester/cotton sheeting. The revised eligibility criteria will enable Australian manufacturers to obtain maximum utilisation of the available bounty. I commend the Bill to Honourable Members.

Debate (on motion by Mr Hurford) adjourned.







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