ACMA head warns on hasty action in price rise era
The Associated Chambers of Manufactures of Australia director general R W C Anderson warned unions against ill considered strike action that could kill the goose as consumer price index rises press for restraint. Federal Government cost increases in petrol and post were blamed. Norquay and Forrester prepared to raise the matter in economic talks scheduled for February.
MENTIONED IN THIS ARTICLE
Associated Chambers of Manufactures of Australia
R. W. C. Anderson
Federation
R Forrester
Bers
Gov
Com. Associated Chambers of
Pete
Commerce
R. Pel
ham-Thorman
Gloomy forecasts for Australian manufacturers warned
Mr Anderson and Mr D E Taplin warned of a gloomy future for Australian manufacturing as costs rise and proposed budget corrections threaten economic growth. They said extreme measures could depress the economy and cited rising consumer prices as a major concern for future policy.
MENTIONED IN THIS ARTICLE
Act Cabe
Anderson
NSW Chamber of Manufacture
D. E. Taplin
Price Controls Not Effective Restraint, Says Trade Leader
NSW business figures argue price controls fail to curb inflation. They cite February consultations and rising indirect taxes as drivers of higher living costs. The Retail Traders Association and unions debate the balance between wage hikes and restraint, noting most price increases stem from indirect taxation rather than demand.
MENTIONED IN THIS ARTICLE
Nsw
Pelham-Thorman
Griffin
Iscoreanes
Rise in cost of living hits value of money says federation leader
Mr A Norquay general secretary of the Australian Farmers Federation warns that over 13 weeks the rise in living costs emphasises a serious decline in the value of money.
MENTIONED IN THIS ARTICLE
A. Norquay
The
Australian Farmers Federation
Inflation curbs threaten Queensland rural exports says Bell
In Brisbane last night Mr C B P Bell of the United Graziers Association warned that national inflation controls would hit Queensland harder than other states. He noted the state relies on rural exports and that lower incomes and rising costs would press many country communities as the curbs persist.
MENTIONED IN THIS ARTICLE
Queensland
United Graziers Assection
C. B. P. Bell
Brisbane
Chambers defend Tariff Board amid concerns over independence
The Australian Chamber of Commerce and Industry warns that Cabinet proposals could weaken the Tariff Board’s independent status. ACCA cites the board’s ongoing, systematic industry reviews to classify sectors by cost and guide resource allocation. President G M Hastie stressed support for preserving the board’s review process.
MENTIONED IN THIS ARTICLE
Associated Chambers of Commerce of Australia
Tariff Board
John McEwen
Chamber
G. M. Hastie
Canberra
ACCA
Advisory role to Government debate on economic planning board
Mr Mastie warns that the board acts as an economic planning agency determining Australia's development. He argues the board’s recommendations shape how resources flow and influence economic management, noting its historic influence on policy direction.
MENTIONED IN THIS ARTICLE
Australia
Mastie
Talks on Inflation at Canberra Conference
Mr Askin urged national talks on inflation at the Premiers Conference in Canberra on February 4. He proposed a wide table of participants including state governments, manufacturers, retailers, rural interests, and labour groups to grappling with the problem in the national interest.
MENTIONED IN THIS ARTICLE
Ne Woud Mane
Canberra
Askin
London and Brisbane political note hints and numbers
Fragmentary report references BHP shares at noon in London and mentions Nourne and Perth with a ban. It notes Labor Government, discussions in Brisbane and South Australia, with unclear details on why or what action is proposed. No clear names, dates, or outcomes emerge from the readable text.
MENTIONED IN THIS ARTICLE
Ban
Is & Labor
Brisbane
South Australia
Property trust issue fills February 12 closing date
Pioneer Concrete Services Ltd extends the take over offer closing to February 12 after receiving acceptances from shareholders. General Property Trust, floated by Lend Lease, passes minimum subscription and will accept oversubscriptions in the public issue. The National Buy Company of Australia Ltd discusses unit listing and a proposed share exchange.
MENTIONED IN THIS ARTICLE
Pioneer Concrete Services Ltd
Consolidated Quarries
General Property Trust
Lend Lease
Tete
Dusseldorp
National Buy Com
Pany of Australia Ltd
SSMS
Ein el Hha Trust
Lend Lease Corporation
Profit of Australia Ltd
Hg Tras Hone Prownes
Say
Rani
Buckingham Holdings Trust Receives Share Acceptances
The document describes share acceptances totaling significant percentages and discusses the net asset backing of the company. It notes a 63 percent return from acceptances and outlines price controls, market values, and annual economic assessments. Conflicting quotes from political figures touch on inflation, purchasing power, and fiscal policy.
MENTIONED IN THIS ARTICLE
OD Tegela, Poy Ltd
Fromm
Buck
Linghams Holdings Ltd
Ein
Weaillefeld
Scife
Ember
Enetita
MeAskin
Einfeld
Miaca
Travelodge Eyes Japan Hotel Venture With Mitsubishi
Travelodge Australia Ltd and Mitsubishi Shoji Kaisha signed an agreement to study a joint venture to build and operate several hotels in Japan. A Tokyo source cited a 1,000 million yen capital plan, with equal share for both firms, contingent on feasibility results.
MENTIONED IN THIS ARTICLE
Tokyo
Jaap-Reuter
Travelodge Australia Ltd
Mitsubishi Shoji Kaisha
Japan
Mitsubishi
Vipan
Travelodge investment in Tokyo hotel boom
The Nihon Keizai Shimbun reports a joint firm plans several middle-class Tokyo hotels with 400 to 700 rooms each. If built, Travelodge would be the first foreign firm to invest in the Japanese hotel industry since ...
MENTIONED IN THIS ARTICLE
Nihon Keizai Shimsun
Frm
Tokyo
Travelodge
Eign Firm
Goulburn Wool Sale Nears Finish With Firm Market
Goulburn wool sale shows near prices for 5746 Merino bales on final day of fifth series. Fleeces ranged best to good spinners and super spinners with topmaking descriptions included. Market closed firm for all descriptions as competition stayed restrained on fine fleece while medium Merino met keen demand. Principal buyers from Eastern Europe Japan the Continent with some UK support. Top price 73 for 4 bases ex slip AAAA on account A F Walmsley Pty Ltd Gunning.
MENTIONED IN THIS ARTICLE
Goulburn
Europe
Japan
United_Kingdom
A. F. Walmsley Pty Ud
Gunning
BHP to spend 13 million on Leichhardt Colliery development
BHP will invest 13 million to convert the Leichhardt Colliery at Blackwater Queensland into a fully operational mine producing 800000 tons of prime coking coal annually. The project, via Queensland Coal Mining Co Ltd, aims to meet rising steel industry demand and supply Whyalla and Port Kembla steelworks, with production rising to 3600 tons daily by early 1974 and a final labour force of about 360. The Gemini seam at depth 1,260 feet is high quality prime coking coal, planned for extensive trial mining after two shafts and continued sinking through 1971.
MENTIONED IN THIS ARTICLE
BHP
Blackwater
Queensland
Queensland Coal Mining Co Ltd
Whyalla
South Australia
Nsw
Southern Nsw
Port Kembla
Ela
Ald
Australia
Mineral Deposits Ltd Tf
Anst Jzircon
Elses| Hartogen Explorations Pty
United Packages Ltd
Treat
We Es
Smith
Hartogen
W.meat Company
E. Smith
Genow-Hartog Group
Wilke and Co
W. E Smith
CUB Plans 1:5 Bonus Issue and Dividend Outlook
Carlton United Breweries announces a 1 to 5 bonus issue and a partial dividend rise amid wage pressures and higher operating costs. Directors expect the actions to bolster capital, with shares issued at par and a February 17 close date. The firm notes potential gains if current trends persist and aims to maintain dividend pace.
MENTIONED IN THIS ARTICLE
Carlton
United Brewery
Ester
Enfed
CUB
Aix
Froyps
Hourne Stock Exchange
Ectors
United Packages Merger Plans by Smith and Partners
W. E. Smith Ltd and United Packages Ltd announce a planned merger between W. Smith and United Packages to create a combined packaging group. The move aims to consolidate operations and expand market reach, with formal terms to be finalized after regulatory review.
MENTIONED IN THIS ARTICLE
W. E. Smith Ltd
United Packages Ltd
Westmoreland Copper Assays Reach 15.9 Percent
Westmoreland and associated companies report an average copper assay of 15.9 percent from drilling in the Hawkes Bay district area. The program includes multiple boreholes with intervals showing strong copper, while other projects in Australia, New Zealand, and Western Australia pursue nickel, copper, and rutile prospects. Directors note ongoing exploration and farm-out discussions, with several drill rigs active and additional assays pending.
MENTIONED IN THIS ARTICLE
Westmoreland
Als Lid
Autralia
Northern Territory
Hartogen
Phillips, Autralian
Sunray
OHI
Soc
Reaver
Hawkes Bay
Trict
New Zealand
Jensen Mining and Investireameniy Ltd
Burbridge
Southern Cross
Westen
Greater Australis
Northland Minerals Ltd
Garn Goldfield
Jmere
Powiby
Develoning
Weat/jityesiais
Kimberley
Dividend promised by Gil Investments despite loss
Gil Investments Ltd will pay an interim dividend of 7.5 percent for the six months ended December 31, 1970, despite a substantial loss. The decision reflects company policy to maintain shelling profits and reward shareholders amid earnings pressure.
MENTIONED IN THIS ARTICLE
Gil Investments Ltd
Hermitage Wines prospectus for 1.5 million shares issued
Hermitage Wines Ltd yesterday issued a prospectus for 1.5 million shares at 10c on application with 3c on application optional. Payments due April 1 and July 1 next year. Public issue funds a Pokolbin property in NSW’s Valley for development, about 922 acres of Rothbury estate, with 30 acres already planted. First dividend expected in 1978. Underwritten by A. C. Goode and Co and Chase-NBA Group Ltd.
MENTIONED IN THIS ARTICLE
Hermitage Wines Ltd
Pokolbin
Valley of
Nsw
Rothbury
A. C. Goode and Co
Stock’ Exchange of “Melbourne
Chase-Nba Group Ltd
Also Mentioned on This Page
Acma Head
Norquay
Mr Anderson
Omic
Chambers Back Tariff Board
Mr Hastie
Mr Askin
Jwe
Virgin
Commonwealth
Infeld
Labor
Fort World
Labour and Industry
South
London
Nourne
Perth
Sydney
Austra
Australan
Goulburn Wool Sale
Leichhardt
W. Smith
United Packages Merger
Northland
Beaver
Jensen
Wapet
Palgrave
Palgrave Corporation Ltd
Australia Square
Andamaka
Opal Expo
Sky Mine
A. Barton
Frial
New Caledonia
Jubilee
Not Wellite
Singapore
Gage Roads
Hermitage
Rereeal
Tears From Lake
Worm Ree Vic
Eric Anderson
Kings Cross
Flag Motor Inn
Roslyn Gardens
Elizabeth Bay
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