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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Feb 16, 1973

Page

3

Monier set for big profit amid strong half year gains

Monier, Australia’s largest maker of concrete products, reports a forecast of at least 4 million profit for the year ending June 30. Half year results show turnover rising 17.2 percent to 1.995 million and grain sales at a record level. Directors expect the trend to continue with an interim dividend up to 65% and plan for expansion into the Japanese market with government approval.

Concrete Industries Monier Lidy Australia Brecerber St Hadeen

Bougainville boosts CRA profits with $38.9 million rise

Bougainville Mining Ltd and Conzine Riotinto of Australia Ltd report a strong year with CRA group earnings reaching $39.942 million for the year to December. The results show a 277 percent improvement over prior earnings, driven by Bougainville operations and Queensland Alumina, while world market conditions and currency shifts affected some members. Dividends increased to $6.405 million, reflecting improved group profitability despite ongoing external pressures.

Conzine Riotinto of Australia Ltd Siyning Bougainville Mining Ltd Bougainville Lished Group CRA Comulea Queensland

Yen Revaluation Rumors Sweep Tokyo Markets

A Reuters report details the yen's volatile surge to around 260 to the dollar and a 16 percent revaluation talk. Central bank intervention debate rises as analysts anticipate further moves while Japanese officials defend limited action amid overseas scrutiny.

Singer Awing Perm Hom Kiichi Aichi Susi

Australia Faces Dollar Devaluation Fallout Across Sectors

Discussions with Japan continued amid the Australian dollar’s devaluation concerns. Cabinet discussions were reportedly limited to regime trading and a warning that without restraint Australia could become laughing stock. Western Australia warned of serious economic effects on ore, petroleum, rock lobster, meat, and agriculture as the dollar’s value shifts. Government officials noted potential disruption to wheat and other exports, with industry leaders predicting broader economic strain if the currency remains weak.

Treasury Crean Rae Crea Australia

Study of Hunter Valley mines Chaotic state of coal industry examined

Canberra reports say the federal government is examining the chaotic condition of the Hunter Valley coal mining industry. The effort follows a November committee review by the ministerial cabinet and subcommittees. The Environment Minister and Conservator are named in the drive for reform.

Hunter Valley Canberra Huntet Sojihly Devampinan Cnmservanin

Comalco Plans Second Kiln at Weipa Plant

Comalco plans a second kiln at its Weipa operation to raise annual calcined bauxite output to about 100,000 tons. The new rotary kiln, 70 metres long and 23 metres diameter, will double the plant’s calcination capacity and expand production for grinding wheels and coated abrasives. The project, funded at about 4.5 million, targets operation in 1975 after commissioning in 1970 and initial capacity growth in 1972.

Comalon Td Tne Weipa

Future of Broken Hill Study Proposal Backed by Cabinet

In Sydney yesterday Premier Sir Robert Atkin stated the Cabinet had approved an inter governmental study on the future of training at Broken Hill. The move signals government willingness to explore regional development options and assess long term needs.

Nsw Broken Hill Robert Atkin Sydney

Aguila Steel Reports Six Month Profit Rise

Aguila Steel posts consolidated net profit of 1.767 million for the six months to December after depreciation 522 thousand and tax 235,871. The statement notes improved earnings amid asset adjustments and continued operations.

Ngmnia

Australian manufacturers urge policy clarity in Canberra

ACMA and the Australian Chambers of Manufactures warn that exchange rate decisions and export locational uncertainty hinder investment. Mr Henderson says government choices, not devaluation, shape business confidence and long term plans, with firms fearing isolated economic moves.

Associated Chambers of Manufactures of Australia W.J. Henderson Canberra Hemderson Gonvernment Asia Buninesy Hlan-ye Auisiy

Also Mentioned on This Page

Usiness & Economics CRA Lesser Wisduse Maurice Mawby Tokyo Japan Lapan Anil Moller Hindle Heath Willie Maine Tine Enone Berta Abe Aewtaede Ag Pat Watt Shanion Aerey Paik Bihar Keeley Erik Mmi London Melbourne Cary Perth Thorediy Devaluininn Dalla' Enishl Wal Thiag Wheat Board Saul Lillie Wild Sfeobie Eltears Geohicuin Agric Alread Labanse Vallivibon Cowl Pelemary Industries Amelia Giuriers Belihi Devin Ann Asim Enuanupe Romahay Pebek Tie Gissehar Hank Austra Nia Si Joni Phillipe Avelabin Yaar Mav Pe Suntry Pete Magn Suita Peete Heh Messt Jap Yeringe Fy Janu Warren Asin Ags Bian Kew Jim Daushles Vince Jamie Barn Berpatne Sivan Chrrapher Stephen Pan Yarn Arichael Thant Murniny Star Dar Mum Geni Wendy Pile Udendie Evecely Adam Aranda Nerina Tinemis Hinde Hide Perie ‘ Doss Acne Ait’ Sino Seca Ielenbone Aumson Abie Jar Dinter Neraun Cour KG Curtin Menhess Marth Hutine Avenir Hierns Uggs Alfred Rasdpop Chel Karen Moore Cathal of. H. Orquake Riven Manon Ayina Iday Chapel of the Red Hill Manuka Norwood Parke Cremator Canhelit Cooherre Conhoyen Kington Wee Ack Haan Emael Comalco Evespe Future of Aguila Steel Acma Critical ROANS Capital Finance CO Fyshwick Stlominnin Squire FeRroMice Smice Isidor Fez Acots Realty Pty Martland House Canbesea Cire Lmited Alinga Street L.J. Biooker Arenas Mentos Bonthecure Ave Cme CT Hn Noliday Resorts Cternnt Surfers Paradise Seeker Manel Howe Jake Kaume Cole Sen Floor Mary Pa Nest al Ermiol Etper Dewaec Mar Tumi Usain Range Bisset Ing Dam Ct Wier Savig Carsons Beaddon Lyell St Fyahesick Poy Kid Aurora AvaDidy Queanbeyen Toe Ted" Ghee To Som Poweani Ughtee and Wet Works Gales Tenven Wettiai Kavk Salazs Iba Holte Oy Ome Forgan Builtan Specimlat R. Roor JNO Beauty Salon Pebrusty ACT Advisory Council Arnie Connally Department J.B Stoddart Sesresary South East Asia UF Day Crue Nya Summerland Travel Centre Pty LA Ran Ste Krom Nobert Place Act the Bears North Hackett Oval Juin T. McAppion
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