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Tuesday, 27 April 1965

Senator MURPHY asked the Minister representing the Minister for Trade and Industry, upon notice -

1.   Is the Minister concerned that already established, efficiently conducted Australian industries are passing into overseas control?

2.   To what extent is this happening and what are the major industries concerned?

3.   Are any industries already controlled by overseas interests to an undesirable extent; if so, which industries?

4.   Are any industries in the process of being taken over to an undesirable extent; if so, which industries?

5.   What means have been used by other countries to protect themselves from such developments where considered undesirable?

6.   Is the Minister taking any remedial action?

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