Notes for Makin on War Cabinet Agendum 320/1945 CANBERRA, 24 July 1945
REPARATIONS FROM GERMANY 1. The purposes of the agendum are:
(a) To explain the basis on which reparations claims against Germany are being considered by the Reparations Commission of the United Kingdom, United States and Soviet Union in Moscow.
(b) To have formally endorsed my action in reserving Australia's full right to claim reparations against Germany 'appropriate to the losses inflicted upon Australia and the contribution Australia has made to the defeat of Germany'. (See my telegram to Dominions Office of 21st June  appendix B of agendum.) (c) To approve my recommendation (Paragraph 18B of agendum) that appropriate Commonwealth agencies should compile a list of goods or other benefits which Australia might seek in settlement of her claim.
2. War Cabinet may also wish to consider whether Australia's claim to reparations from Germany should be sustained on any other grounds than those suggested by the United Kingdom, viz:
'(a) The war effort against Germany including- (1) Budgetary cost of the war.
(2) The number of man years served in the Forces and in manufacture of munitions respectively.
(3) Fatal military casualties.
(b) Losses of property in the war against Germany including- (i) Value of physical war damage on land.
(2) Value at pre-war prices of shipping lost.
(3) Value of overseas disinvestment i.e. net reduction in overseas investments and gold holdings plus net overseas borrowing.' (See Paragraph 17 of agendum  and our reply to United Kingdom providing statistical information under above headings-copy of our telegram 188 of 17th July  attached.)