Australia eases foreign capital rules lowering deposit to 2
The Treasurer announced a reduction of the variable deposit from 25 per cent to a nominal per event level, easing entry of foreign capital. The move aims to cut borrowing costs, support liquidity, and may lead to further policy steps if the balance of payments does not improve.
MENTIONED IN THIS ARTICLE
Australia
Mr Crean
Reserve Bank
Crean
Transport strike spreads to ACT in Canberra action
The nationwide stoppage hits bread production and store deliveries, with petrol largely flowing only in NSW where a rival union keeps drivers working. Victoria through NSW on strike, Queensland called off, Tasmania and Melbourne undecided, while ACT plans an exemptions committee to aid those hit hardest.
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Nsw
Transport Workers Union of Nsw
Act
Australia
NWSW
Queensland
Tasman
Sydney
Arbitration Court
Mary Gaudron
Melbourne
Canberra
Union
Mal Minney
Department of the Capital Territory
Allies desert Nixon faces impeachment push in GOP ranks
Republican leaders including Barry Goldwater draft a message urging President Nixon to resign as calls for his ouster grow. Nixon vows not to quit, planning a last-ditch Senate fight while previously supportive House Republicans move toward impeachment. Senate policy committee chair John Tower cites concern over a potential trial.
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Washington
AAP
Barry Goldwater
Nixon
Senate
House of Representatives
Republican Policy Committee
Goldwater
John Tower
Texas
Kissinger
Bill for car use possible by Sinclaire deputy leader
The Government weighs billing Deputy Leader of the Country Party Mr Sinclaire about 3800 for hire cars and ministerial cars used since December 2 1972. Prime Minister's Office reviews transport manifests after Sinclaire complained about transport involvement in his electorates and party. A government spokesman says Sinclaire is entitled to backbencher facilities but has acted as if a minister. He reportedly did not release his car until December 24 1972.
MENTIONED IN THIS ARTICLE
Country Party
Sinclair
Ot Services
Anthony
70 000 tyres burned at Canberra tip fire
Thick black smoke rose above the Pialligo tip as about 70 000 tyres were deliberately lit. Firefighters fought the blaze for over four hours with help from the RAAF, pushing earth over the flames. No danger reported, smoke expected to dissipate unless it flares up again.
MENTIONED IN THIS ARTICLE
Pialligo
Canberra
Mundy
RAAF
Department of the Capital Territory
Firebrigade
Floods Kill 600 in Bangladesh Report from Dacca
An official statement from Dacca says floods in Bangladesh have killed over 600 in the past week. Half died in floodwaters, about 300 in a cholera outbreak caused by flooding. Roads and rail lines are disrupted, prices rise, and aid funds are received from the British envoy for relief.
MENTIONED IN THIS ARTICLE
Dacca
Bangladesh
Explosion kills child in Maroochydore booby trap incident
Police link fatal blast near Brisbane to a booby trap targeting a police drug squad member. Merrilyn Ruth Gartner, 3, of Maroochydore, died en route to hospital from stomach injuries after opening a cupboard in the adjacent house.
MENTIONED IN THIS ARTICLE
Brisbane
Maroochydore
Merrilyn Ruth Gartner
Merrilyn
No bread to be baked in Canberra dispute tightens supplies
Canberra workers in the baking and transport sectors strike or threaten action, risking no bread, petrol and oil deliveries. Union opposition to PSB offers heightens tension as drivers and oil workers observe exemptions debates. Federal figures urge restraint while Canberra and Melbourne services face disruption and MPs may struggle to depart.
MENTIONED IN THIS ARTICLE
Minney
Canberra
MSW
Joint sitting ends as six Bills pass debate
The first joint sitting concluded with six Bills approved after long debate. Health Insurance Commission Bill 1973 and Health Insurance Hill 1973 passed by 92–, 95–91 margins. Opposition plans continued resistance to health insurance and to the Petroleum and Minerals Authority. Some senators did not vote with government, while others supported reforms amid concerns over implementation and potential litigation. Debates span pages 12 and 13.
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Health Insurance Commission
Health Insurance Hill
Petroleum and Minerals Authority
Gorton
Lib
Vic
Country Party
Anthony
Petro-leam and Minerals Authority
High Court
Hill
LMSA
Townley
Ind. Tas
Widang
Gross
Hayden
Bernson
Lab
Child
Australia air lifts aid for Bangladesh flood victims
The Australian Government will air lift food, medicine, and temporary shelter to flood victims in Bangladesh after an urgent appeal from the Bangladeshi government. Goods include milk powder, antibiotics, and plastic sheeting, with a total cost around 155000 dollars. Archbishop Gleeson said a 10000 dollar cash grant is also dispatched to Bangladesh.
MENTIONED IN THIS ARTICLE
Willesee
Iaterialy
Bangladesh
Dacca
Qantas
Australan
Catholic Relief
Archbishop Gleeson
Sydney
Valuations May Spark Big Rate Increases in Kingston and Griffith
Valuations aimed at redevelopment potential could lift rates on ordinary residential leases in Kingston and Griffith by as much as a large amount this year. The report notes tax bases may reflect redevelopment value as authorities reassess property duties.
MENTIONED IN THIS ARTICLE
Kingston
Griffith
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