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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Aug 16, 1966
Page
8
A fragmented analysis discusses treasury influence on economics education and public service careers. It cites Professor Gintes and Sydney University reforms, urging higher degree, specialized economics training and closer ties between government and industry for future policy makers.
A description outlines a part-time program where candidates complete 160 years of BAFI LIME coursework through one evening weekly sessions, 10 annual exams, a year one theoretical essay, and a second-year full-scale theme. The Treasury aims to cultivate competent, efficient officers with high study standards. The plan is discussed in a powwow chaired by the Public Service Board and supported by Sir John Craw, ANU vice-chancellor-designate and former Treasury official, championing higher studies for officers.
Japan's floating fair Rupuet Fanucain of the RUTML will sail next May on its seventh international cruise and first visit to the United States and Canada. The ship carries 420 exhibition booths showing Japan's industrial achievements, a banquet hall for 500, a VIP room, cocktail lounge, business-talk rooms, three escalators and an elevator. It has toured six times in the past decade and visited 62 nations and 71 ports across every continent except North America.
Esanda reports an 11.7 percent rise in earnings to a record level with improved income from lending, leasing, consumer and business loans. Directors maintain a final dividend of 10 percent with no interim. Balance sheet shows increased total funds, receivables, and commitments alongside higher leasing contracts and loans.
Adelaide based finance concerns outline a plan to raise 3 million dollars for expansion with directors approving long term rates and a potential contract with a Japanese buyer for equipment. Morganette and Jasco Hotd Imp Lid report rising turnover and profits while declaring dividends and preparing annual meetings in Sydney.
A regional bank flags growing irrigation restrictions across inland and coastal districts as storage dams run low. Heavy rainfall deficits threaten water supply, with potential curbs before spring to protect scarce resources and farm outputs including wheat oats and fodder crops.
Crop prospects across regions show easing prices and steady demand in many districts while cotton picking continues. Bank and trading notes gauge shipments and forecasts, with some areas reporting higher yields and others facing reduced hiring and certain weather challenges.
The weekly Reserve Bank statement shows overseas funds fell to 1,202.4 million in the week. Australian Government Securities declined by 28.2 million to seven million as market activity shifted and funds adjusted.
The Willianry directorate disclosed late yesterday that a shareholder approached about a takeover tied to TV hamp tasks. Details mention an investor group, shareholding percentages, and potential implications for ACL shares, with talks centering on a proposed consolidation and governance changes amid activity at Australian facilities.
David Jones Ltd of Sydney will represent Australia at the International Universal World Fair in Montrest next year. An agreement signed yesterday outlines merchandise plans. Government officials and industry leaders expect up to 30 million visitors and see David Jones as the premier Australian retailer to showcase national standards. The event runs from April 28 to November next year.
In Canberra, senior Federal Ministers McEwen and Fairbairn said the Australian Copper Producers Association will decide whether to raise copper prices tied to the London Metal Exchange rate. They noted world prices and supply conditions, citing recent price controls as temporary and subject to shift with world markets.
In Sydney trading BHP rose 6- or 42 points as steel price rise talk shadowed the market. Industry rumours tied to fabrications and distributors influenced sentiment though overall mining stocks were weak. Notable moves included Harbour, CRA, Mount Lyell, MKU and Western Mining with mixed results.
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