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Thursday, 2 June 1960


Mr HAROLD HOLT - I am sure that all members of the House will have a good deal of sympathy with the request put forward by the honorable gentleman. This Government takes some pride in the fact that it was the first in the history of federation to introduce a provision into the taxation legislation making deductible for income tax purposes expenditure up to a certain amount on education. That was done in 1952 and we have raised the permissible maximum twice since that time. I think that the last time was in 1956-57. The request is one of those which will be examined against the general Budget background when Cabinet discusses these matter in a few weeks' time.







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