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Tuesday, 22 November 1960

Mr HAROLD HOLT - I do not know whether the honorable member's question is related in any way to the normal practice of making advances to wheat-growers in respect of the new season's crop.

Mr King - No, I am concerned about harvesting machinery.

Mr HAROLD HOLT - There have been discussions in recent days between officials of the Treasury and of the Reserve Bank on the form of any directive that should be issued by that bank. I will see how far those discussions have proceeded, and how the trading banks will be affected.

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