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Tuesday, 27 April 1965


Senator HENTY - The Minister for Trade and Industry has provided the following answers to the honorable senator's questions - 1, 2 and 3. At present there are no official statistics nor is there any official publication, showing the extent of overseas ownership of Australian industry. The Department of Trade and

Industry, however, is currently compiling a consolidated directory of overseas investment in Australian manufacturing industry, covering all overseas countries. The directory will show details of overseas ownership in individual Australian manufacturing companies. A firm indication of the date of publication of the directory cannot be given at this early stage of its preparation. It will, however, be published during the financial year 1965-66.

4.   The Department holds information on the nature and extent of many agreements between parent overseas companies and their Australian manufacturing subsidiaries which restrict exports. As, however, this information was provided by companies on a confidential basis, it is not possible to give details of the restrictions affecting individual companies.







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