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Tuesday, 23 May 1972
Page: 2942


Mr Barnard asked the Treasurer, upon notice:

(1)   Is he now able to answer part 3 (b) of Question No. 4739 (Hansard, 9th December 1971, page 4620) which asked what was the percentage of paid up capita] actually subscribed by Australians, compared with the percentage equity obtained by Australians, in each overseas owned company operation in Australia which has made some degree of Australian equity participation available by an offer of shares to the Australian public during the last 5 years; if so, what are the percentages.

(2)   If not, why is this information not available.


Mr Snedden - The answer to the honourable member's question is as follows:

As was pointed out in the answer to Question No. 4739 (Hansard, 9th December 1971, page 4620) information is not collected on overseas companies in the detail requested. However, the following information relating to the share issues listed in the answer to Question No. 4739 has been assembled from published sources.

 







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