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Thursday, 24 October 1974
Page: 1981


Senator STEELE HALL (South AustraliaLeader of the Liberal Movement) - I believe that the Senate Select Committee on Securities and Exchange should have the right to finish its work. If a vote is to be taken in that regard I suppose our views ought to be known. I am going to vote for the Committee to finish its work, and I will be very happy to support Senator Rae in that position. However, I too would expect him to finish that work as quickly as possible. 1 have run into very severe criticism in the business community in relation to the length of time the Committee has taken to produce its report.


Senator Sim - Stick to the facts.


Senator STEELE HALL -That is the fact, for the benefit of Senator Sim; I am just telling him that. The criticism was on 2 levels. It was directed, firstly to the length of time and, secondly, to the fact that some people were singled out to be named, to be criticised, and others were not. However that may be, I am happy to support Senator Rae in the finishing of his work. I hope that it will be carried out as expeditiously as possible and that the Committee will report, as the Minister for Agriculture (Senator Wriedt) has indicated, as soon as it can. I would not like to feel that the matter was taken out of the hands of Senator Rae in any way by means of the Government's amendment. On that basis I think, from what I have heard of the debate, I would support Senator Rae 's motion.







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