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Wool

Volume 107: debated on Thursday 20 June 1918

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asked the Financial Secretary to the War Office whether the agreement recently concluded for the purchase of the Australian wool clip provides for the return to the Australian Government of a moiety of any profits made on resale; and, if so, whether these profits are retained by the Australian Government or paid over by them to the wool growers?

The answer to the first part of the question is in the affirmative. The disposal of such profit is a matter for the decision of the Commonwealth Government.