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Tuesday, 30 May 1972
Page: 3270

Mr GRASSBY (Riverina) - I draw attention to an inadequacy in the Bill which has not been touched on and which I am entitled to raise at this stage. There is no provision in the Bill for a proper and continuing assessment of the value of the expenditure to the nation. There is no provision for proper integration of research by the Commonwealth Scientific and Indus trial Research Organisation, State Government departments and universities. The Bill does not have written into it any means of assessing the position which arises when international corporations that have local offshoots benefit from public expenditure or receive public expenditures and then apply the results of those expenditures to their parent companies overseas.

I suggest that there has been an omission not considering this aspect. It is a matter that has arisen in Canada particularly, and it has thrown into doubt the value of such grants in Canada. The domination of our industry by multi-national corporations is a matter that arises regularly. I think this is a matter that should have. been dealt with. I think the Canadian experience was well worth noting. I feel that the Minister could well have guided the House onthis matter. Public expenditure in our country is being applied to research that could well be referred overseas to other people's benefit through other people's head offices, and we may very well not be receiving the results of research that we have paid for under this Bill.

Question resolved in the affirmative.

Bill read a third time.

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