Australian Economy Signals Shift From War Panic
December reports show easing rate pressures after a Commonwealth loan over subscription and a successful conversion operation. Exports look brighter with wool carryover and higher wheat sales lifting the trade balance, while imports remain restricted. Expected relief may ease shortages in raw materials and equipment, boosting employment and production.
MENTIONED IN THIS ARTICLE
Suez Canal
Commonwealth
Consumer Credit
Refugees welcomed as 3000 Hungarians arrive in Australia
Sir George Holland, president of the Returned Servicemen's League, greets the first of 3000 Hungarian refugees offered sanctuary by the Commonwealth Government. He says Australians will feel proud and the refugees will find freedom in Australia and become great citizens contributing to the nation.
MENTIONED IN THIS ARTICLE
George Bolland
Returned Servicemen’s League
Australia
Commonwealth
ATLA
Sir George Holland
Customs Revenue Up In Spite Of Import Cuts
Despite heavy import cuts at the start of the year Commonwealth Customs and Excise receipts rose for the first five months of 1958-59. The five month total reached almost 120 million pounds, 16.7 million higher than the same period in 1950. Post Office revenue also climbed after charges rose from October 1, with five month totals at 35,349,118 pounds versus 32,125,793 the prior year, and November revenue nearly 1 million higher than the previous November.
MENTIONED IN THIS ARTICLE
Commonwealth Customs and Excise
Fede
Treasury
Sudden Death Of Dr Parr Shocks Burwood Liberal
SYDNEY Monday Dr Seane James Parr Liberal M L A for Burwood died tonight during an operation in a private Sydney hospital. He entered politics six years ago and specialized in rheumatic complaints. Parliament members praised his brilliant mind and remarkable capacity for work, noting his popularity across party lines.
MENTIONED IN THIS ARTICLE
Sydney
Seane James Parr
Burwood
Bank to raise interest rate on 2 year deposits
In Sydney on Monday the Commonwealth Bank announced a 4 percent per annum increase in the rate for 24 months fixed deposits. The change takes effect from tomorrow after consultations with the Central Bank and other trading banks. Other fixed deposit terms remain unchanged with rates shown for 3, 6, 12 and 24 months. Dr. H C Coombs said the move aligns with current deposit structures and narrows the gap between 24 month and shorter term rates.
MENTIONED IN THIS ARTICLE
Sydney
Commonwealth Trading Bank
Commonwealth Bank
H.C. Coombs
Coombs
Governor General Hosts Luncheon at Government House
Excellency Field Marshal Sir William Slim received Mr. M Cc Timbs at Government House yesterday morning. He later entertained Sir Rotend Wilson Sir Allen Brown Mr W E Dunk Mr H A Bland Mr W C Balmford Mr W Funnell and Mr A J Egan to luncheon. Lieutenant General Shan and Lady Jacob arrived. Godfrey Ince has left Government House.
MENTIONED IN THIS ARTICLE
William Slim
Government House
M Cc. Timbs
Irotend Wilson
Allen Brown
W. E. Dunk
H. A. Bland
W. C. Balmford
W. Funnell
A. J. Egan
Shan
Jacob
Godfrey Ince
Canberra Stores Extend Saturday Hours Through Christmas
Canberra and Queanbeyan shops will stay open one hour later each Saturday until Christmas. The Canberra Chamber of Commerce cites heavy Saturday trade and overtime pay for workers as factors. Stores in Canberra will close at 12 30 pm on the next three Saturdays, while Queanbeyan shops already stay open to 12 30 pm under NSW rules.
MENTIONED IN THIS ARTICLE
Canberra
East
A.C.T
Queanbeyan
New South Wales
Rise In Balances Continues Gentral Bank Weekly Report
Sydney Monday reports show foreign balances improving for the week ending November 27. Funds increased from £306.3 million to £310.0 million, with a rise of over £24 million in the past month. Australian coin fell by £1 million to £11.6 million while cheques and bills of other banks rose to £5.4 million. Government and other parties including Commonwealth Treasury Bills increased to £555.5 million.
MENTIONED IN THIS ARTICLE
Sydney
Gentral Bank
Commonwealth Treasury
Queen Saves Petrol queen travels by train to relax in scotland
The Queen spent 24 hours in an ordinary train for a weekend retreat with friends in Scotland. She walked miles in tweeds and lead scarf, following pheasants, using an ordinary train to save petrol and avoiding flying. She is due back at Euston today.
MENTIONED IN THIS ARTICLE
London
Reuter
Daily Express
Scotland
Euston
Modern Science And Meteors Explains Shooting Stars and Meteors
The article explains meteors as rocky debris from the solar system that enter Earth’s atmosphere, creating bright trails as they vaporize. It covers meteor trails, radar tracking, high altitude weather insights, famous impacts like Lake Baikal and Meteor Crater, and the origin linking meteors to comets and meteor showers such as the Leonids and Perseids.
MENTIONED IN THIS ARTICLE
Peach
Hutter
Pra LG
Huxley
Adehakleversity
Lipper
Lake Baikal
Siberia
Arizona
Chun
Caada
Bsome
Moon
Earth
Astrosomera
University Examination Results Sealed for Canberra College
Examination results announced yesterday show several students passing in various stations. Names such as Mary R Pree and J V Grenot appear among those listed with others like Maury Becles and Moira Cherry noted as passed.
MENTIONED IN THIS ARTICLE
Canberra
Tniversity College
Mary R Margaret M. Pree
T. J. Hall Fults
Dace
Maury R. Becles
Moira Cherry
J. V. Grenot
L. D. Sale
Stand-downs Begin December For Union Work Permit Check
A December stand-down is set to begin for about 10 working days amid a plan to seek permission to work. A building project will be halted as one contractor faces objections and unionists are expected to oppose the application.
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Rs.l
Aften
Dr. Parr
Queen
India
Krishna
Buddha
Professor Huxley
Ae Dent
Ae Parkes
Ma, Son
Parkes Thompson
Canberry
Molonglo Rive
Carteren
Stand-dows
Hungary