HC Deb 22 April 1948 vol 449 c160W
62. Mr. Platts-Mills

asked the Chancellor of the Exchequer if he is aware that there is a considerable flow of capital from the United Kingdom to Australia; and what steps he is taking to check that flight of currency.

Mr. Jay

I am aware that there is some capital movement to Australia from this country, largely for productive investment. But neither the volume nor the character of the movement is such as to cause undue anxiety.