Airline profits slip amid year to June 30 figures
East-West Airlines reporting year to June 30 shows profit after tax of about $108,138 with sales profit near $114,668. Revenue from country routes rose to $3.8 million, up 134 percent, as passengers increased 9.6 percent to 191,401. Dividends recommended unchanged at eight percent, and charter and air tours revenue grew 22 percent.
MENTIONED IN THIS ARTICLE
East-West Airlines
Sydney
Apaines
Vestl
Why i
Nsw
Ssengers
Wan Iia Air Navigation
Civ Avatron
Theithine
Sualyss Ci
AWA
Olympic Consolidated Offers Takeover Amid Troubled Funds
Olympic Consolidated, listed as closed on November 1, reported $1,756,000 of 22 per cent backing by Melbourne brokers Were and San. Directors announced the result last night as Golden Poultry Farming Industries Ltd in Melbourne received a takeover offer from Jacksons. The offer aims to acquire all ordinary shares with notes to be settled at $1 per share, contingent on holder approval and a threshold above 50 percent.
MENTIONED IN THIS ARTICLE
Olympic Consolidated
Indiunirey Ltd
Were
San
Melbourne
Olympic
Golden Poulty Parming Industries Ltd
Purality
Tribulor
Jacksone
Caria
Ria
Acceriance
Jacksons Nng
Unsecured Loans Upset Unnamed House Visit
An unsecured loan incident at a property in Petrie Sirt involves upstairs access and a unique housing situation. No further details available.
MENTIONED IN THIS ARTICLE
Unique House
Petrie Sirt Cy
Worst year since the 30s for wool processor warns
Sir Robert Webster told Felt and Textiles Australia Ltd annual meeting in Melbourne that the wool industry faced perhaps the worst year since the early 1930s. He warned that under current conditions the firm could liquidate wool operations and invest funds, though the board does not plan this. He cited rising synthetic fibers and price pressures as contributing factors to a tougher market.
MENTIONED IN THIS ARTICLE
Robert Webster
Melbourne
Felt and Textiles
Aust) Ltd
Robert
Wool trade faces payment delays and marketing concerns
Sir Robert notes overseas buyers reduced demand for wool, shrinking credit late payments. Wool processors and merchants squeeze as contracts stretch across months, with high working capital needs and delays from shipment to payment. Industry seeks proposals for an improved wool marketing scheme to ease cash flow and fulfill orders.
MENTIONED IN THIS ARTICLE
Robert
Sie' Sabi
Heindir
Robert Wetter
Sii
Pioneer offer well received in Australian oil group action
Pioneer Coast Services Ltd announced formal acceptances from holders at 47 percent of J. W. Williams Holdings. Lystack chairman Mr Tadheran led a Sydney meeting noting assurances of exit. The offer offers 4S per share with dividend after next tax year, amid results from Australian subsidiaries ending October. Directors discussed profits, overseas operations, and outlook with mixed signals in the four months to October.
MENTIONED IN THIS ARTICLE
Pioneer Coast Services Ltd
J. W. Williams Holdings Lystack
Tadhe
Sydney
Ian
Tanwney
Pang
Ml ‘Amtico
Breciory
Rs Fomler
Iis
Australia
M1 Transport
Lid
Thomas
Port Li
TNT
Rai
Dee Fine
Melbowne
Licher Miller
Cslys
Wanet
Pra
Wrong time for talks on the state of the economy
The text argues that private investment would rebound after a boom, with government spending rising around 12 percent and consumer spending improving as Commonwealth payments to states increase in June and a July wage rise. It notes weaknesses in private investment, especially housing, and questions whether immediate stimulative action is wise while warning the economy remains fragile.
MENTIONED IN THIS ARTICLE
Winter
Jeremiah
Wisitmay Times
Avid Vale
Victoria
Soinl
Meril
Australia
Budget Failures and deflationary cues in early election talk
The speech critiques defence spending abroad and notes a widening deficit. It highlights tax rises in waiting states, limited effect of wage increases, and potential fiscal tools like state payments, service cuts, rate cuts, and targeted relief. It questions timing for Parliament and stresses cautious actions before holidays.
Personal loan and cash advance notice in brief
Fragmentary OCR shows a financial firm name with stray letters and numbers. No clear date, location, or complete entity details are readable. The readable portion suggests a loan or cash advance notice but lacks concrete facts to report a definite action or outcome.
Reserve Bank release lifts shares across major banks
News that the Reserve Bank freed 540 million for major trading banks pushed most shares higher on the Sydney Stock Exchange. Bank of Adelaide rose to 215, Bank of NSW to 496, CBC Sydney up to 82-10, CBC Australia at 190, and Norwest Bank to 96. CSR share dipped to 277, HHP down to 340. Oil stocks were quiet with Santos at 165. Overall turnover rose as investors awaited a potential economic catalyst.
MENTIONED IN THIS ARTICLE
Sydney
Bank of Adelaide
Poe
Bank of Nsw
CBC Sydney Roe
CBC Australia
Nor Wal Bank
CSR
Santos
Take over bid rejected by Direct Acceptance directors
Directors of Direct Acceptance Corporation Ltd in Sydney rejected Ready Credit Ltd bid to acquire 25 percent of equity. They warned acceptance would be undesirable and disruptive, noting no tangible asset backing or dividend yield. Retiring directors Galland Allan and others faced proxy concerns amid recent finance sector activity in Western Australia.
MENTIONED IN THIS ARTICLE
Direct Acceptance Corporation Ltd
Ready Credit Ltd
Sydney
Readyl
Rom
Ts Nul
J. W
Douglas
N. Galland
D. W
Wo Western Australia
Paores
Ansentabl
Rin Johtating Canta
Lance Corp Ltd
Schmiietra
Also Mentioned on This Page
A. D. Meares & Bishop
Ord, Minett, T. J. Thompson and Partners
Sydney Stock Exchange
CBC
Chambers
Patria Street
Canberra
City
A.C
Orderley & “Eldon
Brisbane
the Civic Co-Operative Permanent Building Society Limited
Ee Aes
TEE Gera Mart
United Permanent Co-Operative Ilding Society Limited
Addres
THE
Associated Chambers OF Manufactures OF Australia
A.C.T
Tore
Erie
Chambers of
PO Rox Maberrye
Ausenlising Ltd
Voome
Sir Robert Webster
Pioneer
Fowler
Vane
Kauri
Ik Wes
Westheaven
Economics
Perconal Loans
EB Upwards Pty Ltd
Aogiar Een de Posen
Nornbaume Agate
Wom Pon
Alliance
London Circuit & Petrie
Cankarra
Comel Marrickville Tne
ARC Hig
Toomey
Ani
Mauri Tooth
Tove Daynon Luty
Uy Dickson
United
Allied Mille Uy Bunler
EL Bn Baan
Munte
Bauin
Eonteen Te Bank Adelph
Newbold
Finekenadl
O'Donpalt
Nis Mining Bellare
Bix
Siens
GM Kaig
Jooker
Warnern
Durga
Amb AG
King
al & Oa
Swen Brew Cole
Shawriver
Silver Wiley
Makayanue
Moran Cain
Gand Gotch Mining
Phop
Cleveland
Dusdele
Hardie H
Prray Rathlaveat Rts
Maymarket
Credit Healing AG
Sande
Commonwealth OF Australia Attorney-Generals
Peg Owew
Ceara
Balary
SMI
Eatin Ree