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Tuesday, 13 November 1973
Page: 3276


Mr Graham asked the Minister for Min erals and Energy, upon notice:

(1)   Is he able to provide details of the portfolio of shares in private enterprise companies, such as Broken Hill Proprietary Co. Ltd, Conzinc Riotinto of Australia Ltd, Poseidon Ltd, Bougainville Copper Pty Ltd, recently acquired by the Australian Industry Development Corporation.

(2)   Does he regard the Australian Gaslight Co. in Sydney as a private enterprise or a governmentowned company.

(3)   When will the Corporation be established to operate mining exploration programs and production of oil and minerals within Australia.

(4)   Can he say how many private companies will still be in operation in this field in 1980.


Mr Connor - The answer to the honourable member's question is as follows:

(1)   No. It is suggested that this question be directed to the Minister for Overseas Trade.

(2)   A private enterprise company.

(3)   Legislation for the establishment of the Petroleum and Minerals Authority will be introduced into the Parliament during the present session.

(4)   No.







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