Devaluation ruled out as step toward revival
The Treasurer Mr Lynch announced that in the current economy Australia will not devalue the dollar. He argued devaluation would inflame prices and not help exports while balance of payments remained favorable. The stance aims to underpin growth, reduce inflation, and restore business confidence ahead of a January 16 meeting with unions and employers.
MENTIONED IN THIS ARTICLE
Lynch
Australia
Australi
Japan
Associated Chambers of Manufactures of Australia
Max Dillon
Victorian Farmers Union
Jim Heffernan
National Country
NSW Premier Lewis faces early poll pressure in NSW
Sydney sources report NSW Premier Lewis may call an early state election amid national mood and Fraser victory fallout. Polls show low popularity for Lewis and the government, with milk and petrol taxes as key issues. Orange by election could offer a pivotal test of public support and party strategy.
MENTIONED IN THIS ARTICLE
Fraser
Simon
Lewis
Lal
Becaus Hegrees
Lew Year
Eric Wills
Robert Askin
South Australia
Dunstan
Victori Hamer
Western
Liberal National Country Party
Nsw
Australi
Wollondilly
Trey
Neville Wran
Labor
Liberal Party
Coaliton
Lewin
Beiind
Feoote
Tasmania
Ear of Orange
Country Party
Charles Cutler
Orange
Wran
ALP
Obay
Wagan Roman
Tabor
Vic
Sousa Wincur
Whch Tabot
Ao Tau
China poised to become world oil giant with new rigs
China plans 400 deep sea drilling rigs from the United States and Japan to expand offshore oil exploration. Projections estimate annual production reaching 200 million tonnes by century's end, with 1960s-era discovery at Taching fueling a push toward self-sufficiency and rapid growth beyond Saudi Arabia in the coming years.
MENTIONED IN THIS ARTICLE
HINA
United States
Japan
Spratly
Sankaku
Tao
China
Ho Pingaai
Chicago
Peking
Middle East
Nual
Saudi Arabia
HETRO
Tokyo
Wang
Soviet Union
Festival of Perth set to shine with global acts
The Festival of Perth opens February 14 with a strong international lineup led by Western Australia University. John Birman, its long serving director, retires after guiding 24 festivals featuring Opera Ballet Theatre and visiting artists from the United States Chile Japan and Britain. The event aims to balance high and popular culture and expand venues across Perth to serve Western Australia.
MENTIONED IN THIS ARTICLE
Perth
Australia
University of Western Australia
Western Australia
John Birman
Birman
New Fortune
Forth
Per Wich
Georgi Ermolenkos
Volin
Vice Regal Rolls At Government House Meeting In Sydney
The Administrator Sir Roden Cutler presided over a Federal Executive Council meeting at Government House Sydney yesterday morning. He then attended the New South Wales Cricket Association function as a guest during the Fourth Test between Australia and the West Indies at the Sydney Cricket Ground.
MENTIONED IN THIS ARTICLE
Roden Cutler
Federal Executive Cor
Government House
Sey
Yeterday
New South Wales Cricket Association
Australia
West Indies
Sydney Cricket Ground
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Sydney
Melbourne
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TETRO
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Ja International Oil Trading Company
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Russia
Wang Chin-hsi
Taching
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Athol Thomas
Ealls
Adult Education Board
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Chile
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Nimrod ‘Theatre
Christian Brother
On Blair
Hole In the’ Wall
Western Australian Ballet Company
Yass Hokorshima
Lhamo
Hugh Lloyd
National ‘Theatre
Ray Lawler
Kid Stak
Perth Concert Hall
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