Wool outlook predicts strengthening demand in 1976
The Australian Bureau forecasts gradual wool market recovery in 1976 amid uncertain timing across economies. Buyer stations and Sino Soviet purchases shape recovery. competition and higher man made fiber prices may boost wool demand while 1975 supplies rose. Firm stockholdings by major buyers could restrain prices as markets gradually strengthen.
MENTIONED IN THIS ARTICLE
Canberra
Bates
Vityim
Interme
Hcer
AGC to cut interest rate on notes at call
Australian Guarantee Corporation Ltd, Australia's largest financier, will cut the interest rate on unsecured notes at call after three months from 9 percent to 8.5 percent. The reduction applies to notes offered in the July 1946 prospectus and takes effect tomorrow.
MENTIONED IN THIS ARTICLE
Australian Guarantee Corporation Ltd
Australia
Beneficial Finance Announces 3.9 Million New Shares Issue
Beneficial Finance Corporation Ltd issues 3,903,750 ordinary shares at 1c premium to shareholders on January 21, 1976. One new share for every eight held, increasing issued capital to 15,766,875 dollars. Funds will support expansion across all States.
MENTIONED IN THIS ARTICLE
Beneficial Finance Corporation Ltd
Hes
Australian banks urge消费复苏推进消费支出
Two bank surveys warn Boost needed in Australian consumer spending as 1976 outlook shows improvement but real incomes and price stability remain core. National and ANZ note consumer confidence slipping, urging policy to curb government intrusion and restore growth. Bank indicators point to potential rebound if private sector revives.
MENTIONED IN THIS ARTICLE
National
ANZ
Ernion
Australia
Busines
Atienal
ANZ Bank
Steve
Coles to Install Mini-Computer Stock Replenishment System
Coles will introduce a mini computer system for store and warehouse order replenishment using a PDP 11/70 supplied by Digital Equipment Australia in partnership with Computer Power. The system will serve Victorian stores from Port Melbourne and Moorabbin warehouse with expansion plans for New South Wales. Datee Pty Ltd Sydney based computer consultancy has formed a personnel division led by Alan Smith to recruit for business offices.
MENTIONED IN THIS ARTICLE
G. J. Coles and Coy Ltd
Digital Equipment Australia
Coles
Port Melbourne
Moorabbin W
Bourke Street
Melbourne
Nsw
Cyver
Datee Pty Ltd
Sydney
Alan Smith
Datec
Fertiliser subsidy extended for another year in Parliament
The government plans a one year extension of the nitrogenous fertiliser subsidy to December 3 1976 with retroactive effect from tomorrow. Minister Sinclair said the subsidy saves about 12 million dollars annually and will be scrutinised after the Industries Assistance Commission report. The move comes amid broader policy pledges by coalition parties and touches potential retroactivity for other measures including a sugar bounty.
MENTIONED IN THIS ARTICLE
Sinclair
Industries Anisiance Commission
Labor
Sugar and gold exports fall in October price index
Export price figures from the Australian Bureau of Statistics show sugar and gold exports down in October. Overall export prices rose 1.7 percent for the month and 2.1 percent over the year to October. Dairy prices fell 1.6 percent, wool and cereals rose modestly, and metals plus coal rose 2.2 percent. Reports mention naval and shipping fees affecting arrivals and costs.
MENTIONED IN THIS ARTICLE
Bureau of Statics
Canberra
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