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, 26 March 1941

Senator ALLAN MacDONALD (Western Australia) . - I understand that, in financing the construction of munitions annexes by State governments, the Commonwealth Government is charging 4 per cent, interest. Why is it that State governments engaged on war work are being charged 4 per cent, whilst interest payable on war loans is 31/2 per cent., interest on war savings certificates is 21/2per cent., and Commonwealth Savings Bank interest is less than 23/4 per cent.?

Suggest corrections