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Thursday, 13 September 1973
Page: 944


Mr SPEAKER -Order! Is the right honourable member seeking leave to make a statement?


Mr McMahon - Yes, I am.


Mr SPEAKER - Is leave granted?


Mr Whitlam - What is this about?


Mr McMahon - I am trying to give the Prime Minister the reason for asking for leave because I think it is proper that he should know why I want to make a statement. It relates to the policy of my own and preceding Liberal governments on the question of the fixing of interest rates both on the official bond market and with the trading banks. Yesterday, the Prime Minister made 2 misstatements about our policy-


Mr Whitlam - No, no!


Mr SPEAKER


Mr McMahon - Well, I will take that back and then I will make the statement.


Mr SPEAKER - The right honourable member is seeking leave to make a statement. Is leave granted?


Mr Whitlam - No. .


Mr SPEAKER - Order! Leave is not granted.


Mr McMahon - Then, I ask leave to make a personal statement relating to the policies of my Government on interest rates.


Mr SPEAKER -Order! Is leave granted?


Mr Whitlam - No.


Mr SPEAKER - Order! Leave is not granted.







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