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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Apr 30, 1963
Page
2
The Commonwealth would apply two conditions to a new NSW Hospitals Contribution Fund benefit table. Benefits could not limit combined benefits to eighty pounds a day and no waiting period for contributors transferring from an old table if they have been fund members for 12 months. Senator Wade supported the principle.
The Hospitals Contribution Fund of NSW announced a new table of benefits with retrospective May 1 applicability, though Minister Wade warned no changes can operate without his approval. The controversy follows prior premature disclosures by NSW funds and aims to prevent excess benefits relative to hospital charges.
In Adelaide Mr. A B Mellor of the Associated Exchanges urged fuller company disclosures. He said no listing rule would stop poor management but quarterly audited balance sheets are wise for shareholders. He noted Australia’s Uniform Companies Act lacks halfyear reports and only a few firms issue quarterly reports.
Brive Francis Conway of Downer was accidentally stabbed in the head with a pitchfork while helping a friend celebrate Anzac Day. He jumped from a loft onto a pitchfork hidden in a barrel near a disused barn by Lake Eucum. The instrument pierced the forehead and scalp but doctors said his eyes and brain were spared. Brian is pictured enjoying cake at the birthday party for Philip Riley of Downer.
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