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Thursday, 21 September 1972
Page: 1854

Mr Grassby asked the Treasurer, upon notice:

(1)   What progress has been made by the Organisation for Economic Co-operation and Development in carrying out its first economic review of Australia.

(2)   Has the Organisation received all the data it has requested.

(3)   Have OECD officials visited Australia in connection with the review

(4)   If so, (a) who were the officials, (b) how long did they remain and (c) with whom did they confer.

(5)   If not, are such visits planned and what itineraries have been prepared.

(6)   Will the review be completed and released before the Parliament rises at the end of 1972.

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

(1)   It is understood that a good deal of preliminary work has been undertaken by the OECD Secretariat in Paris in preparation for the Organisation's first survey of the Australian economy.

(2)   Yes.

(3)   Not yet.

(4)   See (3) above.

(5)   An OECD mission is scheduled to hold discussions in Canberra in the near future.

(6)   The timing of publication of the review is in the hands of the OECD, but our understanding is that it is unlikely to be before late December of this year or early in January 1973.

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