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Thursday, 1 April 1965

Senator PALTRIDGE (Western Australia) (Minister for Defence) . - The Government does not accept this amendment although, in view of the result of the last division, I might more accurately say, I suppose, that the Government does not willingly accept the amendment. The Government does not accept the amendment because it believes that to do this would place an unnecessary restraint on the selection of the men who will form the Housing Loans Insurance Corporation. The Minister for Housing (Mr. Bury) to whom Senator Bishop referred at length, although he addressed himself also to a number of social aspects of housing, finally rejected the proposition.

The Minister rejected the proposition because, as he pointed out, the function of the Corporation is to insure loans made by other bodies. It is an insurance establishment; it is not a housing establishment. If it were a large body which was lending money, there might be some merit in the amendment which has been submitted by Senator Bishop. In the circumstances, it is obvious that the men who will fill the positions on the Corporation most appropriately are men who are skilled in finance and insurance. Should an occasion arise when the Corporation feels it necessary to have the advice of an architect, a town planner or any of the specialists in relation to housing, it is at' perfect liberty to avail itself of whatever advice it requires. For the reasons I have given, the Government rejects the amendment.

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