Trouble for butter markets in Australia forecast this year
A government report warns Australia may struggle to sell butter stocks on world markets this financial year due to weaker demand and price fluctuations. Cheese and skim milk powder prices eased, but shipments expected to rise. surpluses in Western Europe and export restraints cited. The report notes lower depreciation and currency factors influencing profits and outlines steps to diversify production and boost outlets for dairy products.
MENTIONED IN THIS ARTICLE
Australia
Saley
Victoria
Brey
Astralia
Teamenia
Europe
Auviraunn
Ite
GTV 9 Profit Doubles Amid Rising Costs and Depreciation
General Television Company Pty Ltd reports profit changes with depreciation and improved year. Revenue rose to $204,020 and $240,783 noted in figures. Dividends low, earnings decline due to higher costs. Large shareholders linked to Hoyle Theatres and broadcasting service. The year 1964-65 shows profit of $393,464 after prior $576,760.
MENTIONED IN THIS ARTICLE
General Television
Depre- Corporation Pty Ltd
Cistion
Ibourne
Sauseraseer
Revere
Tee
Television
Lare Hoyle Theatres Lidl
She Grener Union Seas
Organisition Pty
SR Rar
Nilsen
Teamshroadcasting
Pry
Commonwealth Aircraft profit falls in year to September
Commonwealth Aircraft Corporation Pty Ltd reports net profit of $465,486 for the year ended September 40, down from $631,313 in the prior year. The result reflects earnings after tax for the aviation firm.
MENTIONED IN THIS ARTICLE
Commonwealth Aircraft Corporation Pty Ltd
Tubemakers earns 7.8m in latest result
Tubemakers reports a net 7.8 million profit after depreciation of 227 585 and says it is consolidating in a period marked by large holdings. Major shareholders include BHP Nominees Pty Ltd Broken Hill South Limited North Broken Hill Limited Nobel Australasia and ICLANZ.
MENTIONED IN THIS ARTICLE
Bourne
Art Bhp
Py. Ltd
Broken Hull South Lit
North Broken Hill Ltd
Nobel
Australasia
Iclanz
Investment Ltd Probes Thai Capital Remake
British press reports expert visits to Thailand and Mangyin to inspect potential remaking of a capital city. Details mention Investment Ltd ownership of 144 shares and the Miniry of verse, amid discussion of property and development stakes in Vienna inlets and Tul Ngati.
MENTIONED IN THIS ARTICLE
Teatro Vara
Stalanal
London
Sap
Reuter
Austria
Investment Ltd
Tere Roman
Eva Pilar
Trapiettyry
LNT
Jump in approval signals surge in building permits in Australia
The number of new houses and flats approved in Australia last month reached 11,649 as of November 1966, with the seasonally adjusted total at 11,266 versus October. The value of building approvals stood at $181.6 million in November, up 17.2 percent from the previous November, while the seasonally adjusted figure was $177.5 million compared with $166.6 million. Figures come from the Statistics Bureau.
MENTIONED IN THIS ARTICLE
Australia
Canada to Sell USD 100 Million in Gold
Ottawa announced a monetary cooperation sale of USD 100 million in gold. The move comes as Britain devalues sterling and US statements signal determination to keep gold values steady. The report notes the impact on gold demand and currency markets amid devaluation concerns.
MENTIONED IN THIS ARTICLE
Ottawa
Reuter
Mitchell
Sharp
Sydney stock exchanges open after New Year break
Australian stock markets plan to resume trading after holiday recess. Trades paused for year end observances with profits dipping. Melbourne and Sydney exchanges to reopen next Wednesday and resume normal activity the following Tuesday. Dividends and cross listings noted among banks and petrochemical groups.
MENTIONED IN THIS ARTICLE
Sydney
Melbourne
Ing
Lor
Altona Petrochemicals
Harold
Holt
Ashland
Oil and” Refining Co
USA
Cabot
Britain
Mans
Fasupe
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Pete Sthret
Canberra
Civic Co-operative Permanent Building Society Limited
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