Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Tuesday, 9 September 1958
Page: 1017

Mr Clark (DARLING, NEW SOUTH WALES) k asked the Minister representing the Minister for Civil Aviation, upon notice -

1.   What instalments of the government loans to Australian National Airways have fallen due since that airline was merged into Ansett-A.N.A.?

2.   Have these been paid on the due date?

3.   What is the amount of these loans still owing?

4.   Does Ansett-A.N.A. propose to sell Douglas aircraft which form part of the security for the loans?

5.   If these planes are disposed of, will the indebtedness to the Government be paid from the money received?

6.   Does Mr. Ansett use a helicopter to fly to his place of business each day and to fly to race meetings?

7.   Is the cost of such flights a charge on company funds financially backed by the Government; if so, does the Government propose any action in the matter?

Mr Townley - The Minister for Civil Aviation has furnished the following replies: -

1.   The loans to Australian National Airways were arranged through normal finance channels and are only guaranteed by the Government. Instalments totalling £310,551 were due on 3rd April.

2.   Yes, together with an instalment of £106,098 due in October next.

3.   £2,688,865.

4.   In due course.

5.   Yes.

6.   If the honorable member seeks information on the transport medium used by Mr. Ansett in his business and private affairs, it would seem more appropriate to ask Mr. Ansett.

7.   No. The loans in respect of which government guarantees have been given are adequately secured by charges over aircraft.

Suggest corrections