asked the Minister for Industry and Commerce if his attention has been drawn to reports that building societies propose to increase their mortgage interest rates; if such increase has his approval; and if he will make a statement on the matter.

I have seen newspaper reports to this effect. I would refer the Deputy to the reply which I gave to questions in this regard on 21st November, 1968. I am keeping the matter under review.

Apart from the newspaper reports, has the Minister any proposals from the building societies?

No.