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Friday, 30 April 1971

Senator GEORGES (QUEENSLAND) - Is the Minister representing the Minister for Housing aware that increasing numbers of young Australians are meeting extreme difficulty in obtaining housing finance? Does he know that they have been forced to obtain finance at excessive and crippling rates of interest from finance corporations, some of which are closely linked with the very banks which are refusing such finance at normal housing interest rates? Will the Government take action to alleviate this position?

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