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Wednesday, 30 June 1915


Mr FISHER - I do not know whether we could raise a war loan in Australia at 4½ per cent. For some time the Government have had in contemplation the flotation of a loan in Australia in order to provide money to meet necessary Commonwealth expenditure, including that in connexion with the war. The project has not yet developed sufficiently for any definite announcement to be made, butI believe that a large amount of money is available in Australia, and an opportunity will be given to the people to invest that money in Commonwealth securities.







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