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Tuesday, 30 November 1965

Mr WHITLAM (WERRIWA, NEW SOUTH WALES) - I ask the Minister for Health a question. Has he been informed that the Medical Benefits Fund of Australia Ltd. invested very' large sums in debentures issued by H. G. Palmer (Consolidated) Ltd. after that company was taken over by the M.L.C. Ltd.? Does the Commonwealth guarantee the stability of registered medical and hospital benefits funds anddoes it ever check the nature and soundness of their investments? If such checks are not made, will he now see that they are?

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