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Thursday, 28 September 1972
Page: 2231

Dr Everingham asked the Treasurer, upon notice:

What percentage of interest payments received by banks of issue in Australia represents (a) interest paid to depositors for their deposits which the bunk lends out and (b) interest on credit issued by banks on (i) securities owned by depositors and (ii) gilt-edged securities guaranteed by government assets.

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

The Commonwealth Statistician has advised that the details requested concerning interest receipts and payments of banks are not available.

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