Ford profit hits record as sales rise in year
Ford Motor Company Australia Ltd posts a record profit of 16 million pounds for the year ending December 31, up from 1970. Sales total 27,657,139 pounds with a 40 million pound investment program, including a new truck plant at Broadmeadow and an expansion of the passenger vehicle assembly plant. Domestic market share climbs from 22 to 28 percent as Ford maintains rapid growth amid large capital outlays.
MENTIONED IN THIS ARTICLE
Ford Motor Company
Af Auralia Ltd
Armllest
Chirosler Ck Sant
Stinlats Iiesi Fao
Fngliy
Fons Eagiet Usinese
Fypert
Nihe
Mllion Oy
Inelin Tale
Broadmeadow
Optimism of firms reported by survey
A survey by the Associated Chamber of Commerce and the National Bank shows firms cautious about demand and profitability in the March quarter. Respondents reported subdued labour demand, with profitability expectations lower than the previous period, highlighting lingering weakness despite some improvement from earlier fears.
MENTIONED IN THIS ARTICLE
Ines
Commitrce
National Bank
Fray
Thiess expands Southeast Asia contracting stake
Thiess Holdings boosts footprint by purchasing 30 percent of Petra Sea International Holdings Ltd of Hong Kong to gain access to its South East Asian projects. Petra Sea operates across the region, with recent activity in Indonesia and broader Southeast Asia through its large raster of projects.
MENTIONED IN THIS ARTICLE
Thiess Holdings A Rd
Petra-Sea International Holdings Ltd
Hong Kong
Petra-Sea
Souths Asia
Hilinn
Indonesie
Broken Hill South Output Rises Amid Material Constraints
The Broken Hill Proprietary Company reports higher steel output in March despite constrained raw materials. A company director cited reduced iron ore supplies and weaker demand as factors influencing production plans and schedules.
MENTIONED IN THIS ARTICLE
BHP Steel
Broken Hill
Mareh
Aval
Price Increases Seen by Pojeraville Ltd Leader
Sir Charles McGrath of Pojeraville Australia Ltd reports price rises are now inevitable as wage adjustments lag. He notes manufacturers face rising costs and tighter margins amid competitive pressures, with consumer prices creeping higher into 1971-72.
MENTIONED IN THIS ARTICLE
Pojeraville Australia Ltd
Charley McGrath
Sys
Charles
Ing Algit
Australia Japan trade talks spark new business drive
An Australian delegation led by a joint Australia Japan business committee visited Japan to boost exports. Officials predict stronger bilateral commerce with projected growth in material imports and a potential rise in yearly export value beyond two thousand dollars as Australia expands its market access and investment ties.
MENTIONED IN THIS ARTICLE
Exons
Frenne
Mirecoc
Femmercial Bank
Atre Aia
Perth
Japan
Australia
Department of Immigration service to operate twelve hours a day
In the House, the Attorney General and Minister for Immigration discussed expanding the service to twelve hours daily, detailing implications for staff salaries, national budget allocations, and regional coverage. Officials cited shortages in primary producers and the need for extended public services amid ongoing fiscal constraints.
MENTIONED IN THIS ARTICLE
Benig UN
Greenwoest
Dr Forbes
Aint Sin
Advisory Committee on Science and Technology Aims
Government to establish an independent Advisory Committee of ten advisers to align science and technology with national needs. The panel will advise on long term planning, resource use, and coordination among states industry and universities, with authority to study specific government questions.
MENTIONED IN THIS ARTICLE
Ational
Mo Mahim
Assexs
Austalia
Atr_ McMahon
Offshore oil hunt not inhibited off Australia coast
Minister Swarte stated the offshore oil exploration 641 offshore project near the Australian coast would not be inhibited by existing restrictions. He cited ongoing debates in Parliament over the Territorial Sea and Continental Shelf bill and noted government plans to advance the offshore program despite delays and regional disagreements.
MENTIONED IN THIS ARTICLE
Coast
Australia
Swarte
Fuln
Patterson
Commonwealth
de Naurn
Senate inquiry into transport industry continues debate
The Senate inquiry persists with the primary and secondary industry committees examining transport matters. Witnesses including executives and directors were questioned as reports describe ongoing testimony and potential directions for freight operations and industry cooperation.
No decision yet on cooperation with university inquiries
Sydney authorities have not decided if they will cooperate with inquiries into last Monday's incident. Education Minister Fraser said the issue remains under review with university officials and police. Representatives said no firm position was taken as discussions continued.
MENTIONED IN THIS ARTICLE
Sydney — University
Fraser
Advertising budgets and defense costs cited in senate remarks
Senator Greenwood noted a five million dollar advertising estimate for Commonwealth purposes and detailed owed budgets by the Defence Department, Treasury, and Department of the Prime Minister in a written reply to Senator McClelland. Corroborating figures include 131,436 dollars for Defence, about 1,119,000 for Treasury, and amounts for other departments.
MENTIONED IN THIS ARTICLE
Greenwood
Apshunties Wa
Bly Wa
Hs Department
Commonwealth Police
Iran
BR Willams Ao
Idenivan
Tb Univers Iccchasenibor
Tnt
Wedess
Commonwealth
AL Lorneles Gienéril
Sai
Avstin
Alan Broadcasing
Una
Come Monwesiity Manking
Austras
Senor McClelland
Urgent fuel policy urged by Liberal and Opposition
A Liberal backbencher and an Opposition member called for a national fuel policy in Parliament. The motion sought an official fuel authority to control mine output and stabilize prices. The discussion referenced Australian coal, Japanese industry, and employment concerns amid a broader economic image.
Ministers Demand Whitlam Repudiate Election Rigging Claims
Two federal ministers urged the Leader of the Opposition Mr Whitlam to repudiate a claim by NSW ALP secretary Mr Peter Westerway that vote rigging affected the recent election. They stated the allegations were baseless and demanded a public rejection as political tension rose over the federal campaign.
MENTIONED IN THIS ARTICLE
Whitlam
Nsw
ALP
Peter Westerway
Tne Psyamonsteaith
Nixon
Hunnade
Crider
Hurt
Westerway
SABC
Poe
Bown
Hunt
Daly
Frank Tey
Sighet
Whillan
Indivi
Pan
Shortland
Wool loan sought for Australian Wool Commission
A reported plan proposes a 30 million dollar loan to the Australian Wool Commission to fund advances. Government officials and senior MPs were cited as considering the loan amid Treasury pressures and ongoing discussions in Parliament.
MENTIONED IN THIS ARTICLE
Mir Garland
Tid Mouse
Thomas Nationwide Transport abandons takeover bid
Thomas Nationwide Transport says it has decided not to proceed with the offer for Annett Transport Industries. Ken Thomas reads a prepared statement to shareholders noting the board’s decision and stating the company remains ready to cooperate on future relations if needed.
MENTIONED IN THIS ARTICLE
Thomas Nalonwide Ransport
Ken Thomas
Annett Transport Indiaries
Thomas
The
Aumites
Lam ‘Nlarmed
Billie A ‘Onder
Take Oyer
Ansett Tan Port Induatriee Ltd
Thomas Nationwide Traneures
Nthe Leurmlamns
Sur
Ave
Begi Nai
Oman Nationwde Finn Company
State debate over action to prevent tampering with polls
The text shows a disputed inquiry in Victoria with Prime Minister McMahon and the Australian Labor Party involved. It notes calls for action to prevent interference at polling places and questions about adequate government response. The fragmented OCR hides exact names and dates but indicates a national political dispute over electoral security.
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