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Thursday, 9 May 1968

Mr Hayden asked the Minister for Civil Aviation, upon notice:

t.   Who are the members of the board of Qantas Airways Ltd?

2.   Is he able to say what directorships of companies, if any, are held by these board members? If so, what are the details?

3.   Have any business dealings taken place between the board and any company in which a member of the present board is a director? If so, what are the details?

Mr Swartz - The answers to the honourable member's questions are as follows: 1 and 2. Sir Roland Wilson, K.B.E. (Chairman): Qantas Airways Ltd and its subsidiary companies; Commonwealth Banking Corporation; Imperial Chemical Industries of Australia and New Zealand.

Mr R.R. LawSmith, C.B.E., A.F.C. (Vice Chairman): Qantas Airways Ltd and its subsidiary companies; The Broken Hill Pty Co. Ltd Group; Massey Ferguson Holdings (Aust.) Ltd; The National Bank of Australasia Ltd and subsidiaries; Commonwealth Industrial Gases Ltd; Australian Mutual Provident Society; Australian National Airlines Commission; Commonwealth Aircraft Corporation; Fairlie Investments Pty Ltd; Garden Towers Pty Ltd.

Sir JamesKirby, C'.B.E. (Member): Qantas Airways Ltd; Australian New Guinea Corporation Ltd; International Products Ltd and subsidiaries;

M.L.C. Assurance Co. Ltd; Reinsurance Co. of Australasia Ltd; Wales Superannuation Funds Ltd and subsidiaries; Wales Unit Investment Ltd; General Electric Kirby Appliances Ltd; James N. Kirby Holdings Pty Ltd and subsidiaries; C.S.R.C-Dow Pty Ltd; British Motor Corporation (Aust.) Pty Ltd; Australian General Electric Pty Ltd; Australian General Elec Sic (Appliances) Pty Ltd; Champion Spark Plug Coy. (Aust.) Pty Ltd.

Mr J.M. Fotheringham (Member): Qantas Airways Ltd; Huttons Ltd and subsidiaries; the Craftsman Press Pty Ltd; Fotheringhams Pty Ltd; Bently & Murray Pty Ltd.

Mr T.J. N. Foley, C.B.E. (Member): Qantas Airways Ltd; British Tobacco Co. (Australia) Ltd and its subsidiaries; Bank of New South Wales; Bank of New South Wales Savings Bank Ltd; the Colonial Sugar Refining Co. Ltd; Australian United Corporation Ltd; Courage Breweries Ltd.

Mr K.G. Wilkinson (Member): Qantas Airways Ltd; Humes Ltd; Hume Industries (Far East) Ltd; Hume Industries (New Zealand) Ltd; Martin Stoneware Pipe Pty Ltd; Standard Steel Pty Ltd; Viking Industrial Plastics Pty Ltd.

3.   Qantas is a limited liability company organised under the Queensland Companies ActLegally, the responsibilities of its directors in the context of your question are governed by section 123 of that Act which provides that they must declare their interest in any companies in which they hold a directorship. This provision has been meticulously observed by members of the Qantas board.

I would point out that in Qantas, as in other companies of comparable size, the board of directors is principally concerned with matters of policy and material or major contractual arrangements. In dealing with these matters, the directors consider the recommendations of the company's management and executive staff.

Arrangements for the provision of normal supplies and services for the company's day to day operations are controlled by the company's senior departmental officers.

To specifically answer this part of your question would entail examination of the procurement activities of Qantas over a period exceeding 10 years, a task of such magnitude that it would not be a practicable undertaking. However, if there is any particular case which you have in mind, some inquiries could be made.

You may be assured, however, that the possibility of conflict of interest is adequately guarded against.

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