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Wednesday, 15 March 1961

Mr Ward d asked the Treasurer, upon notice -

To what extent per annum would Australia's balance of payments position benefit if all forms of insurance in this country were conducted by Australian insurance organizations?

Mr Harold Holt - The answer to the honorable member's question is as follows: -

There is at present no means by which the net benefit, if any, to the balance of payments could be readily ascertained.

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