Lack of adequate industrial land in Canberra region
The ACT and District Centre of the Chamber of Manufactures of NSW warns in its annual report that a critical shortage of stately-sized industrial land hampers growth. It cites ongoing correspondence with Canberra authorities and urges planning participation, noting relocations may occur but require notice, compensation, and assistance. Mr G A Ashton urges protection for affected businesses and community, with the chamber ensuring safeguards.
MENTIONED IN THIS ARTICLE
Act
Chamber of Manufactures of Nsw
Department of the Capital Territory
CDC
Queanbeyan Council
Yarralumla Shire
NSW
Goulburn
G. A. Ashton
Canberra
ANZ sees Australia economy near limit with inflation risks
ANZ Bank in its Business Indicators warns Australia’s economy is near capacity as labour and material shortages persist and consumer demand remains strong. A 1973 price rise could exceed 9 percent despite tariff cuts aimed at lowering import costs, while tighter monetary policy and calls for statutory reserve deposits push banks toward stricter lending.
MENTIONED IN THIS ARTICLE
Australia
ANZ Bank
Australian business leader warns on wage policy rise
The president of the Australian Chamber of Commerce, Mr K Williams, said state governments are moving to match the Commonwealth Public Service in wages and employment conditions. He warned that unrest could quickly affect the national wage structure and fuel inflation.
MENTIONED IN THIS ARTICLE
Australian Chamber of Commerce
K. Williams
Commonwealth Public Service
Williams
BHP offers to buy A and K shares for 1.55 cash per share
Melbourne Stock Exchange reports Bones Hill Proprietary Co promotes a tender offer to A and K shareholders. J C McNeill states BHP plans to buy up to 20 million A and K ordinary shares at 1.55 dollars per share with 2.5 dollars cash per ordinary share paid, plus 3.25 cents final dividend. Invitations to shareholders to be issued around September 21 and open for one month. BHP holds a controlling stake in Southern Portland Cement Ltd and envisions a merger with SPC to rationalise NSW cement servicing.
MENTIONED IN THIS ARTICLE
Melbourne
Bones Hill Proprietary Co
A and K
J. C. McNeill
BHP
McNeill
Southern Port
Australia did not consult New Zealand on tariff cut
Wellington reporters note Australia did not consult New Zealand before a 25 percent tariff reduction. Customs Minister Connelly told Parliament that extensive talks have occurred on many issues between the Labor governments, but this time no bilateral action was taken. Opposition leader Marshall questioned Trans Tasman collaboration.
MENTIONED IN THIS ARTICLE
Wellington
Australia
New Zealand
Connelly
Marshall
Trans- Tasman
Reserve assets rise 286 million to 4617 million
Australia’s official reserve assets increased by 286 million in July to reach 4,617 million, per a Canberra statement. The Reserve Bank noted prior June growth was 44 million and highlighted shifts due to parity, currency values, and accounting changes affecting overseas securities.
MENTIONED IN THIS ARTICLE
Australia
Canberra
Rescue Bank
Cies
London Noon Brief Phrase Distorts O O F A
An unclear OCR fragment from a London area page yields a cryptic line about noon and letters OOFA with no discernible event person place or organization.
Also Mentioned on This Page
Tramars
Land Cement Ltd
New South Wales
SPC
Brian
Joy
Brian Wilshire
Happy Day Radio
Bega An
Ellinis
Sydney
Auckland
Vba
Yokohama
Port of Tokyo
Kagoshima
Nagasaki
Kinawa
Hong Kong
Singapore
Fremantle
Adelaide
Sakura Oriental
Lhe
Japan
Hang
de Orient
Elviis
Far East
Tokyo
Finance Ministry
London
Toby
Nestles
Andronicus
Vienna
NORCO
Stuyvesant
Kaiser Stuhl
Kaiser Stunl
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