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Tuesday, 25 March 1980
Page: 947


Senator WRIEDT - I seek leave to direct a question to Senator Rae as Chairman of the Senate Standing Committee on Finance and Government Operations.

Leave granted.


Senator WRIEDT -Was the statement that Senator Rae made concerning the alleged financial position of Trans- Australia Airlines based on information which he had received as a member of that Committee?


Senator RAE - For the same reasons as I mentioned previously, I did not speak as Chairman of the Senate Standing Committee on Finance and Government Operations. However, I seek leave to add something to the answer.

Leave granted.


Senator RAE - Under the Standing Orders I am now entitled to give the answer. In no way was I speaking as Chairman of the Committee. I was pursuing an interest which I have held personally. On a number of occasions in the second half of last year and, most recently, on 6 March this year, I have spoken in this chamber about Trans-Australia Airlines, its financial position, its accounting procedures and a number of other aspects. I was speaking as a result of personal inquiry and investigation concerning matters which arise but which in no way are associated with the operation of the Standing Committee on Finance and Government Operations. I was not speaking as Chairman of the Committee; nor was I purporting in any way to do so.







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