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Tuesday, 26 November 1974
Page: 2713


Senator SCOTT (NEW SOUTH WALES) -Does the Minister for Agriculture agree that the liquidity position of beef producers is becoming increasingly serious? If so, why has the Minister withdrawn his submission to Cabinet on the provision of carry-on finance for the beef industry? ls it correct that that submission has been withdrawn because the Minister is sceptical of the principle of providing carry-on finance for the beef industry? Is the Minister in favour of the provision of carry-on finance for the beef industry, particularly for such great beef producing areas as Queensland? Does he back the unanimous Caucus Resources Committee resolution that finance should be provided? Is it correct now to assume that because of the Minister's decision to withdraw his submission no Government action on the provision of carry-on finance for the beef industry will be made until well into next year?


Senator WRIEDT -This afternoon I will be meeting representatives of the meat industry, the Australian Meat Board and my own Department to discuss the position. I will make an announcement in due course.







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