<human>: Question: Was Menzies for or against nationalizing the banking system in Australia?
Answer: Menzies ran strongly against Labor's plans to nationalise the Australian banking system and, following victory in the 1949 election, secured a double dissolution election for April 1951, after the Labor-controlled Senate refused to pass his banking legislation.
 Is the question answered in a satisfactory fashion?

OPTIONS:
- yes
- no
<bot>: yes