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Thursday, 14 October 1971
Page: 2348


Dr EVERINGHAM (CAPRICORNIA, QUEENSLAND) - I ask the Prime Minister a question. Has he seen reports of takeovers of the top end of Australia by overseas pastoral and other interests? Has he also seen reports that the extent of these takeovers is not known by the Commonwealth or by the 2 Slates concerned because of the high cost of tracing the distribution of ownership in large areas? Will he arrange for consultations with the States with a view to setting up an electronic data bank accessible to the States and federal authorities to speed up the collection of statistics and to ease the increasing delay and the huge cost of conveyancing which is a major factor in land costs and which occupies nearly SO per cent of the scarce skills of the legal profession?


Mr McMAHON I will have discussions with my colleague in the Treasury, and if it is thought desirable I will have discussions too with the States and other authorities, to see whether it is desirable to step up electronic data processing in order to carry out what the honourable gentleman has in mind.







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