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Tuesday, 28 May 1968

Mr MCMAHON (LOWE, NEW SOUTH WALES) (Treasurer) - I did inform the House some time ago that I would take up with the Reserve Bank of Australia the problem of the Commonwealth Savings Bank and the savings bank sections of the trading banks to try to ensure that additional funds were allocated to Western Australia so that that State's housing construction programme could be improved. The Government also has before it a request from the Western Australian Government for an additional allocation of funds. I have not yet been able to give a reply to the Prime Minister or to the Acting Prime Minister but I hope to be able to do so shortly.

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