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Wednesday, 11 May 1960

Mr JEFF BATE (MACARTHUR, NEW SOUTH WALES) - My question to the Acting Prime Minister is supplementary to that which was asked of him by the Leader of the Opposition. Is it a fact, as reported in the White Paper to which the Leader of the Opposition referred, that rural industry deposits with the major trading banks increased by £31,000,000 from December, 1957, to December, 1959, and that loans outstanding decreased by £9,000,000 from December, 1958, to December, 1959? Is this an indication that although the incomes of farmers have been falling, there has been a recovery during the last twelve months, if the figures which I have quoted are accurate?

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