Tobacco Company’s profits fail to meet ordinary dividends
Canberra reports that the British Tobacco Company (Australia) Ltd posted insufficient profits for the year after depreciation. Despite over £25 million paid into Federal revenue via import duties excise and revenue, the company deferred two interim dividends and issued a smaller final dividend due to price-fixing and rising costs. The chairman cited devaluation, high raw material costs, and stock replacement needs as key pressures.
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British Tobacco Company (Australia) Ltd
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Penta Merting
Sydney
Penn
Uote
Austealia
Lioya
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Dilel Nie Nave Particwlan
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Lloyd
Tobacco price increases meet stiff opposition from directors
Directors dispute the suggested rise in tobacco and cigarette prices noting current costs are driven by wage hikes and leaf price shifts from currency devaluation. The Prices Commission has not yet acted as last year’s figures are awaited. They warn the policy burdens shareholders rather than consumers and vow to seek a fair solution while addressing national economic challenges.
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Commonwealth Arbitration Court
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Proposed 32nd Amendment Centered on Presidential Term Limits
Fragmented report outlines push to introduce a constitutional amendment to limit presidents to two terms or ten years. It notes states like Indiana and Montana voting early and references opposition from Republicans and support from Democrats. The piece references past presidents and public sentiment about term limits.
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Indiana
Montana
Mossman Shire Council Meeting Seeks Local Support Actions
Douglas Shire Council discusses submitting preferred方案 to the North Queensland Local Authorities Association and requesting Queensland Housing Commission support. It covers wreath purchase for Anzac Day, fire brigade needs, road works, and plans for Daintree and Mossman roads funded by Federal aids. The meeting also addresses water supply for campers, tarpaulins for the Mossman mill, and council insurance and industry efficiency concerns.
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