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Wednesday, 26 April 1961

Mr CLARK (DARLING, NEW SOUTH WALES) - I direct a question to the Minister for Trade concerning an advertisement which appeared in a daily newspaper on 19th April in this form -

Tenders are invited for an ALL Risks Warehouse to Warehouse Insurance Cover for Goods supplied by the Commonwealth of Australia under the Colombo Plan & S.E.A.T.O. Aid Programme.

As the Government has recently legislated to cover all risks in relation to exports, why is the Government handing out such profitable insurance business on these items? The goods are free gifts from the Commonwealth Government, and if they were lost, we would not be losing cash.

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