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Thursday, 22 October 1964

Senator ANDERSON (NEW SOUTH WALES) (Minister for Customs and Excise) - I have seen , the Press report to which the honorable senator referred. It appeared in most of this morning's newspapers. I am sure that everbody is heartened by learning that a big motor vehicle organisation is embarking upon an expansion scheme which will not only increase the Australian content of the vehicles concerned but also provide more employment for the Austraiian working community. Earlier this year, the Minister for Customs and Excise, in conjunction with the Minister for Trade and Industry, announced that a scheme would be put into effect from 1st January of next year under which the Australian automotive industry would be encouraged, over a period of five years, to increase the Australian content of motor vehicles. The scheme envisaged separate arrangements with various organisations in relation to concessional or by-law entry. Firm arrangements are now being made with the various organisations. It is hoped that at the end of the five year period the Australian content of vehicles will be not less than 95 per cent. It was very heartening to read in our newspapers in the last 24 hours that one organisation is undertaking a tremendous new programme in this direction.

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