Labor Critic: Government Wool Plan Attacked
A storm over the federal wool ministry plan triggers criticism from Labor and growers. Critics claim subsidies distort the wool market, keep prices depressed, and fail to protect industry value. Proposals foresee a reserve price and statutory oversight, with debates over cost and impact on Australian wool trade.
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C Primer
Belfast
Wamitton
Wie-toria
Tost Nig
Ahl’ Rite
Victoria
Labor Senate
Murphy
Tabor
Primmes
Australan
FCTIC
Hg Ai Labor
Jstranp
Ak Bay
Mining boom boosts stag profits in new listing drift
The mining boom shifts pace as a fresh listing draws attention. Investors push the value of shares, with some movement from the initial high to mid ranges. Antimony and related stocks opened strong then retreated, while several others fluctuated widely through early trading.
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Lavore Jen
Profi
Trisko Mines
Aminooy
Rink
Magnum
Beaver
Soviet gas for Italy under treaty terms
A Rome dispatch reports the Soviet Union and Italy agreeing on a gas supply pact. Italy will receive natural gas from Ringia in exchange for a SARS payment, with terms outlined in early notes. The agreement signals energy cooperation amid broader postwar trade negotiations.
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Rome
Australia Praised by OECD For Aid Effort Despite Push to Expand
An OECD review credits Australia’s official aid program as well regarded by the Development Assistance Committee. It notes growing emphasis on rapid development and consistent increases in aid aimed at Asian and Pacific regions, while cautioning that broader funding and longer-term commitments remain under consideration.
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Yorks
Australia
OFCD
Australian Aid
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Myer Hodgson
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Nsw
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OECE
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St Kilda
New Guinea
Upiniaia
Jinc
Riniguy
Hodeson
Deadline extension for Robe project funds questioned again
Australia outlines funding extend talks amid large aid program for infrastructure in the Northern Territory and Papua New Guinea. The plan includes capital equipment, transport, and aviation facilities with substantial Japanese cooperation and a long term Robe River agreement under review.
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Australia
Mons
Donnal
Shere
Cleveland
eiMla
Dota
Robe River
Jon m
Indonesia seeks more than six hundred million in aid
Indonesia engages in development talks after reporting a dramatic inflation drop, with a request for extensions and commitments totaling 1.4 billion to end of March 1971. The plan involves project aid and programme assurances from the United States, Japan, and others, as a multinational consortium negotiates funding.
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Thursay
Indonesia
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Holland
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Istration
Mitsui and Comacy Ltd
Ldirector
Ichizo Rita Tara
Alea
Dohnal
Government Printer Appointed to New Post in Commonwealth
A government notice states Mr WO Muay has been appointed Government Printer and Deputy Treasurer in New South Wales and Queensland. He joined the Government Printing Office in 1986 and has wide experience in printing for public offices. The meeting on government publishing responsibilities is set for late 1970, with focus on state and national duties amid regional economic concerns.
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Bury
Mirray
New Seu Wales
Queensland
Government Printing Office
Ndt
A. J
Arhur
Bory
Bory, Nha
Udink Anid
Fublicnions
Ysa
Xerrice
Jstare
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Not pledging conference amid postwar aid debates
The report discusses a conference on aid and development with Australia and New Guinea, noting high emphasis on overseas education, infrastructure, and loan programs. It highlights shifting investment away from internal debt and toward reinvestment, with cautious prospects for Papua New Guinea and South Vietnam aid initiatives. Multiple nations and agencies are named as participants or beneficiaries.
Big leap in Melbourne share turnover charted
The annual report shows a large rise in Melbourne share turnover driven by mining stocks. February 6 marked a peak with total turnover reaching 57.4 million units, while total value climbed to about 1,045 million. New mining entries boosted listed capital value by around 45 percent, though overall turnover fell slightly from the prior year.
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Melbourne
Naley
The
Wwever
Willion
Eine
Ower
Acquisition advances noted in corporate statement
The chairman of Project Revelopment Corp, Mr t Sith, outlines advantages of acquiring substantial interest in the company by a syndicate headed by Mr Strasser. He remarks on planned property development and finance ventures with ME State involvement, praising the project’s activities.
MENTIONED IN THIS ARTICLE
Project Revelopment Corporation
T. Sith
Strasser
Sipitti
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