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Thursday, 10 March 1966

Mr FREETH (FORREST, WESTERN AUSTRALIA) (Minister for Shipping and Transport) - I regret that I cannot tell the honorable member with any certainty the precise part that the Silverton Tramway Co. will play in the future in regard to the Broken Hill to Cockburn section of the standard gauge project. We have had several discussions with the representatives of the company and they have been kept informed of the progress that ls being made in the negotiations between the Governments of New South Wales and South Australia and the Commonwealth and of the difficulties that are being experienced in sorting out a complicated position. As to the last part of the question, I understand that the Silverton Tramway Co. made increased profits last year and I note that on the share market its shares are at a pretty high level.

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