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Thursday, 17 August 1972
Page: 205

Senator CARRICK (New South Wales) - I will be very brief indeed in my closing comments, Mr President. Last night I commended the Bill, which is an extension of the Industrial Research and Development Grants Act 1971, as a means of encouraging manufacturing and mining industries in Australia to extend their research. 1 pointed out how little research there was at the start and how much need there is for us in Australia to stimulate our technology so that we can compete in the world on a favourable basis with others. I want to point out that 90 per cent of all industries in Australia have 50 employees or less. I believe it is imperative that whatever we do should be aimed at helping the small industries at least as much as it is aimed at helping the larger ones. I believe that there is some necessity for the programme for the year ahead being implemented urgently. I commend the Bill to the Senate.

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