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Wednesday, 9 March 1932


Mr WATKINS (NEWCASTLE, NEW SOUTH WALES) - Is the Treasurer aware that, since the Commonwealth Bank obtained control of the Government Savings Bank of New South W ales, many persons who had obtained advances for house-building from the rural credits branch, and had paid their instalments regularly for five years, have been threatened with eviction because, owing to unemployment, they cannot maintain their payments? I have been informed that some of the houses thus compulsorily vacated have fallen into disrepair, and the security of the bank is diminishing considerably. "Will the Treasurer inquire whether the purchasers who are temporarily embarrassed can be allowed to continue in occupation of their homes until their circumstances improve?







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