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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Dec 24, 1971

Page

5

Inflation danger in devaluation sparks Australian debate

Political and economic figures react to a government move to devalue the Australian dollar. The measure risks worsening inflation and harming wool and farming sectors. Critics warn of broader harm to industry and voters ahead of an upcoming general election while economists question timing and impact.

Ing Viviarin DE Py Hing Ling Ausvellan Farmest Federation Me Won Hagan Hid Aken Aermanily Jrea McMahon

London Waits For Further Details On Market Shifts

Britain remains cautious as Australian dollar movements and mining shares drive limited volatility. The Times reports Stewart Harris from Canberra noting political overtones in Londons reaction while markets await clearer guidance from Treasury and exchange officials.

Austen Banik Grein Rathey London Sati Howe Ealing Agus Sterling Japan Sousiges Wan

Wellington Finance Minister comments on currency and inflation

In Wellington the Finance Minister stated there are no pokiewl layeriones to New Zealand’s levied routely AWSINUCE HTS. He noted a 2.25 percent devslua bon penging to the United States and discussed the overall Mevalunbini impact with Brita. The minister warned of policy limits and referenced future economic adjustments.

Wellington New Zealand United States Mutcison Mullan Stent Sieving FTN Jarall Desalnaliin Vosigmr

Australian dollar revaluation hints dampen markets

Reuters reports sources say the Australian dollar's move against the US dollar is smaller than expected, signaling a cooling effect on housing and financial markets. Analysts caution Japan and Australia may see limited gains as industries, capital investments, and consumer demand falter amid a global business slump.

Australus Misiashir Gan Sui Australis Capris Japan Rume Troore Val

German interest cut promotes activity

German central policy move sparks market activity as the euro and other currencies react. Reports from London and Paris note volatile trading and speculation whether Britain will follow with further easing. The dollar steadies while European currencies show mixed responses in early trading.

Fujoy Wales Germany London Westermnamy Paris Rome Loneon Washington

Europe Shows Strength in Talks as Pompidon Aims for Balance

Paris reports that President Pompidon argues for quick aid and balanced payments before US deficits, while Europe, led by the European Economic Community, seeks strength in forthcoming trade negotiations with the United States. A televised interview after the Azores meeting with President Nixon underscored Europe’s resolve to avoid disarray and push a broader global economic line.

Pompidon Hie Talhy Azores Nixon Forthcomite

Exchanges tighten listing rules for director disclosures

New official listing requirements retroactive to January 1 compel companies to reveal contracts where a director has direct or indirect interest. Sir Cecil Looker, head of the Australian Executed Stock Exchanges, announced the changes and outlined steps to notify the exchange within seven business days of any applications viewed.

Pondon Australia Opel Wadingading Tiv He Sterling Cecil Looker Cecil

Greenbushes Tin Board Elects New Directors in Perth Meeting

Two new directors joined the Greenbushes Tin board at Perth annual meeting as long standing director W Murer and M Kruk withdrew. Mr Smith and Mr Mowing were elected after withdrawals. ACS Faieisin retired director was reelected. Voting rights and proxy issues discussed. meeting adjourned pending clarification.

Greenbushes Y Tin Perth Gyyeetor Pomenainn Smith Mowing W. Murer Kruk Brad Mr Acs Faieisin

Bahrain meat trade boosts Conkey export venture

The Bahraini market expands for Conkey as fresh meat ships from Coata Mundra via 747 freighter jets. The Bahrain ruler backs Westernised growth, with a new depot planned and a manager sought, while expatriate demand fuels the Middle East operation. Mr Conkey plans further visits and emphasizes steady expansion into the Arabian Gulf region.

Huyold S. Conkey Papa North America Cookey Bahain Araman Gulf Bahrain Sheik Lha bin Suliman al Khalifa Comkey Som Tha Austral Conkey Kunsalf Aire Middle East Mosler Combey Ea Have Apmded, That Hen Sodtbe'aileich Ariba Gulf

Model D offer dispute with Murray Goulburn Co op

Confusing OCR text describes an offer for Model D involving Murray Goulburn Co operative, Daley Industries, and possibly a cash component of 385 million. Mentions renewed offer, unvalidated party, and preference shares. Details are unclear due to corrupted source but centers on a revised offer and potential cash and share elements.

Efficient AAP news coverage

The Australian Associated Press board chair E. tr Perkin spoke on a panel noting AAP’s year of comprehensive coverage across press, radio, and television. He praised agencies for adapting to a changing media landscape and recognized the arrival of new media saturation while stressing the need for accurate reporting.

AAP Australian Associated Press Tr Perkin Sand Yesters Anid Ethan Ad

Fragmented OCR notes on broadcasting coverage and messaging

Incomplete text reviews events of consequence and media links. Mentions a communications site, world messages, and efforts to broaden service scope without specific dates or names. The garbled passage references 1972 context and reporting aims, but lacks clear subjects or outcomes.

Amd

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