Bank of New South Wales appoints receiver for Pangi assets
Bank of New South Wales PNG Ltd disclosed that Mr G I Hoskins was named receiver for Panga's assets and business. He will assess Panga's prospects over the next two to three months.
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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Dec 18, 1976
Page
3
Bank of New South Wales PNG Ltd disclosed that Mr G I Hoskins was named receiver for Panga's assets and business. He will assess Panga's prospects over the next two to three months.
Geoff Blunden Canberra clerical officers group secretary criticized the proposed compulsory retirement provisions as an unfair political tool. He welcomed open debate at meetings and urged discussion of the ACT Liberal stance, arguing public service unions might oppose the bill despite some supporters.
The company president Mr Jim Belshaw announced debt reduction of 900 and outlined a recurring mardi gras to raise funds. Activities included sideshows, a ferris wheel, stalls, and a pony ride with permission from Queanbeyan City Council to hold events every six weeks during daylight saving, plus additional functions planned for next year.
The Canberra School proposal by parents and teachers cannot be funded next year. Dr Hedley Beare, Chief Education Officer, said the interim CT Schools Authority could not prioritise the project within available resources. Mel Snearkey led a group that gathered 200 supporters after two private ads.
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