New alumina refinery looms over Gladstone skyline
Finance and industry report that a new alumina refinery dominates the Gladstone skyline as liquidity pressure grows. The Reserve Bank will release 851 million to trading banks in a bid to ease strain. From next Monday the statutory reserve deposit ratio for trading banks drops by 1 percent to 0.4 percent.
MENTIONED IN THIS ARTICLE
Alumina
Gladstone
Reserve Bank
H.C. Coombs
Wnt
Quernstand Mundin
Shaned
Me K
TH. Bungwine
Gulrcuntachts
Cental Queensland
Queensland
Aliina Layned
Jenresenning
Ae Concine Riotito
Amiraling
Kaiser Aluminium and Chemical Corporation
United States
Aluminium Company BF Canada
Pechiney Company of
Brane
Capacety Jy
Ankirny
Ennswutium Partners
Export prices for Australian beef rise 29 percent
Sydney reports Australian beef export prices surged by 25 to 29 percent over the past year due to droughts in South Africa and Australia. The Reserve Bank released a $125 million liquidity measure after a prior reduction, while industry officials noted pressure on banks and shifting trade and farming development programs amid inflation and global supply adjustments.
MENTIONED IN THIS ARTICLE
Sydney
Daley's Exports Py Ltd
C&G Expansion Plans Amid Rising Debts and Asset Revaluation
Company news shows Commercial and General Acceptance Ltd facing debt of 113 million with 94 million carried from the previous June. Directors propose 10 per cent dividends while new lending seeks higher rates and asset sales lift. Holdings in flats and equipment revalue, with property for resale increasing proceeds.
MENTIONED IN THIS ARTICLE
Breaute
Marsens Armand
R. Robinon
Dalein
Inelbourne
Melnourne
Jhin
Vici Ty
Carrie
Peecey
Bell Bryant Directors Announce Western Market Plans
Bell Bryant Directors of Abantoyle nidines plan expansions in Western Fiji market with Bryant Ltd, detailing new dairy and prize placements. The Australian Stock Exchange notes Taip, amid announcements of equity growth at Mount Cleve and Kembla plants. The group reports improved profits despite sector pressures and sets May 12 as the next share transfer date.
MENTIONED IN THIS ARTICLE
Abantoyle Nidines. Ltd
Western Fitaniimy
Pet Bryant Ltd
Annie ‘Tuchiners
Mount Cleve
Kembla
Rat Planta
Beatrice
Asin
Gerge
Pany
Broken Hill Pty Co Ltd
Sincapore
Frirene Gerned
Ierae
Igr Ams
U E Box Directors Report Takeover Acceptance
United Empire Box Co Ltd said yesterday the takeover offer for Napier Worlen Mille LAO has been fully accepted by shareholders with a 100 percent response, clearing the path for the deal.
MENTIONED IN THIS ARTICLE
United Empire Box. Co Ltd
Napier Worlen
Mille Lao
Major Japanese car makers merge into 99.5m firm
Japanese auto groups plan a landmark merger forming a 39.80 million yen capital, 26,000-strong workforce, creating Asia’s largest car maker. Nissan expects five shares for ten, aims to boost exports and global competitiveness while shareholders approve the plan by May.
MENTIONED IN THIS ARTICLE
Japan
Nissan
Govt monopoly road to stagnation claim
A Bank view argues that government monopolies destroy free price discovery and competition, causing stagnation across multiple sectors. The National Bank notes in its Monthly Summary of Australian Conditions that state monopolies suppress efficiency and growth.
MENTIONED IN THIS ARTICLE
Mlus the
National Bank
Shippers urged to resist Australian shipping control
London report quotes Newton Jones, chairman of the Australian and New Zealand Merchants and Shippers Association, saying Australia should resist government legislation aimed at regulating shipping services. He warns centralized control could deter investment and hinder containerisation, urging free competition between government policy and private enterprise.
MENTIONED IN THIS ARTICLE
London
Australia
Australian and
New Zealand
Associa
Jones
Iit
United Kinge
Ranuais
Iikely
New Moomba Gas Flow Reported From Wildcat Well
Sydney reports a wildcat well at Moomba produced gas today. The new flow boosts expectations for early output, with authorities noting test results indicate potential for further development.
MENTIONED IN THIS ARTICLE
Moomba
Sydney
Thursay
Price rise for nickel stock options hints market shift
Report from Toronto and New York notes nickel price increases and hinted rises in stock option activity. Mention of International Nickel Company and a Toronto meeting signals potential market impact. Analysts reference price targets around 14 000 and 18 000 with uncertainty about near term moves.
MENTIONED IN THIS ARTICLE
Wallin
Toronto
Mi Mlivean
Nap
Iepany
Canada
Ata Savas
Tod
lMartien
Price rises likely threaten inflation outlook in Australia
Brisbane report notes economists warn higher wages and drought could push the consumer price index up further. Analysts say tight labor markets and potential energy and food price increases may sustain inflation, while government policy and drought effects could shape future price pressures and wage dynamics.
Sydney market trims gains as oil and copper firm
Oil and copper improve while Sydney stock sales show limited trend. All Ordinaries index edges up slightly with mixed gains in mining and Woodside groups, Santos and AOD rise, but Exploration slips. Copper players like Mount Isa, BH South and Wonk Minerals advance, while Sugar weakens and CSR falls. Banks hold with Adelaide and CBA marginally higher.
MENTIONED IN THIS ARTICLE
Sydney
Wit
Woodside Group
Seo
Santos
Dc Ampo
Isa
BH South
Wonk Minerals
Hwon
Haven
Pioneer
Adelaide
Also Mentioned on This Page
South Africa
Austalay
Grant
Teleate Inn
Taguig
Iltanes
Argentin
Cumries
Great Britain
Adermant
Haa
Ijl
Morelig Hwy Heer
Wil Fatile
Het Industey Il
Mfoenea
Lune
Wlease
Bluntey
Assir
Company News
C&g
Commercial and General Acceptance Ltd
Bell Bryant
Aberfoyle
Nat. Bank
National Bank of Australasia
Imerin
Lake Credits Gopty Ltd
Northbourne Avenue
P.O
Twn
Assan
Nissi Moin
Mavar
Ninian Motors
Uy Pepsin
Peak Steel
Mortgage Rural Development
Garema
Canberra
Fia
Howe
Eyther
Induatrien
Itvelt
Gether
Nationalias
Inna
Smalter
UC Smg
Peint
Hank
Develot
Ind
Indus
Great Harty
Indusried
Sonney Ey
Oman
Hat & Ae Tak
AU Oranaring
Dow Jones
Brisbane
Sviney
bin W. Seat
Chartered Vastimite
Sees
Paynes
Sydney Stock Exchange
Titania
Newbold
Daves CW
U. Uy
Kas
General Car Cot “ Overseas
Ani
Dunlop
Palmer
Petersvlle
Santon Planet
Ana K
Cemeor
Funai
Wesalian
Woodahi
Ay Gardner
Grace
Jackson
Wackabait
Ay Mines Bink
Nsw
Fay Repco
Asie
Humes
Symond R
Anheira TV
Jenn
Restian
Yonkers
Watsons
Mercantile
Western’ Mining
William E
Mindy Mors
Wcombe
Main
Astoc Freney Jank Nsw
New Lee
Fairtax
Clarence
Au Belmont
Timor
Freiger
Raymore
Mines i Paper CMI
Gitmo
Warde
North Broken
New Huttons Ao Simmons
UB Landenary
Frank
Marnie Watkine
Duly
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