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Wednesday, 26 April 1961

Mr JONES (NEWCASTLE, VICTORIA) - Is the Treasurer aware that Courtaulds (Australia) Limited, which manufactures rayon at Tomago, has dismissed 258 employees over the past twelve months and that it announced last week that sections of the plant would be working a four-day week? Also, is he aware that the company spokesman said that " only by re-imposing import licensing and easing credit restrictions could any relief be expected " ? Will the Treasurer consider re-imposing selective import controls to protect this important decentralized industry? Was this industry, which makes rayon that is used in the manufacture of Australian motor tires, another of the many industries that were seriously affected by the increased sales tax on motor vehicles and increased imports of Japanese tires? Is the economic condition of this company typical of the condition of the textile industry as a whole as a result of the Government's import policy?

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