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Tuesday, 11 April 1972
Page: 909

Senator McAULIFFE (QUEENSLAND) - My question is addressed to the Minister representing the Minister in charge of Tourist Activities. Is it a fact that major developers are persistently making statements that it is not a paying proposition to build first-class accommodation hotels in Australian cities on a go-it-alone basis? Is it also a fact that the Australian Tourist Commission and the Australian National Travel Association have been pressing the urgent need for incentives to encourage hotel building? Will the Minister tell the Senate what steps, if any, the Government proposes to take to give incentives to boost development to cope with the tourist invasion?

Senator COTTON - As I remember from what I have read in the papers, it is a fact that people have been saying that hotel building is not a very good investment at present. I have also read that the Australian Tourist Commission has been discussing whether some kind of assistance should be given for such building. I understand that the matter is being considered by the Government. I cannot go further than that, except to remark that the tourist invasion has yet to come.

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