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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jan 26, 1973

Page

3

Senate exchange report signals early committee report to Parliament

Senator Wriedt stated the committee’s report would be presented in the forthcoming sittings amid rumours the Labor Government might delay it. Chair Senior Rae reaffirmed commitment to a full, properly documented final report despite pressure and calls for an interim document from Labor members.

Bemary Wriedt Cartain Labor Raz Ib. Tan Wreidh Wreidt Wheeldon Wan Georges Qld Rae

Home-loan rate cut to 7 percent across society groups

The Permanent Building Society of Australia cut home loan rates by 5 percent to 7 percent from February 1 following NSW moves. The measure, aiming to ease lending amid government pressure to reduce profits, faces slow uptake as paperwork delays hamper quick adoption. Victoria and NSW societies anticipate further rate adjustments in coming weeks.

The Permanent Building Society of Australia NSW Permanent Building Society Nsw Edici Paremanent Building Societion Hie Australie Auryk Acqert Permanent Building Society Victoria Victorian Building Socielies Association Melbourne Wariawing

Consolidated Foritzers reports annual figures after merger

Comolidated Foritzers Ltd reduced its group loss before extraordinary items to $4,731,000 for the year ended September from $11,013,000 previously. Interest on fired term loans rose to $5,439,000. The group’s results benefited from the merger of ACF and Shirleys Fertilizers, Austral Pacific Furnizers Ltd, and Eastern Nitrogen Ltd. Provisions for depreciation were $6.540,000, down from $7.95?000, with other figures at $4.789,000.

Comolidated Foritzers Ltd Australia Feather Group ACF Shirleys Fertilizers Austral Pacific Ferrizers Ltd Eastern Nitrogen Ltd Lowe

Lascelles Lascelles Ltd reports six month profit surge

Lascelles Lascelles Ltd reported a 230 percent increase in profits for the six months to December 31. The interim dividend has been declared valued at 15 payable on March 5.

Lascelles Ltd Ve Ner

Rams about-face on export policy sparks party critique

Anthony, leader of the Country Party, described the government’s export decision as an about-face. He cited Labor Party actions two years earlier as an easy reversal, criticizing the shift in policy on Merino exports to China. The piece references statements by officials in 1910 and a ministerial note on preventing exports from certain ports.

Pary Anthony Esterday China Paris Patton Mininter Atle | Unione Maine Rome

Orbital Engine Company Formed In Perth

Orbital Engine Company formed with equal shares among ee fe oe wat ue. The Perth registered firm launches licence, manufacture and marketing of the Sarict designed orbital engine. Chairman Ward and director Sarich lead research and development as the company proceeds with production of five engine configurations.

Perth Wit Be Ward BHP Wer Plaonice Renerai_ a Sarich Itl Witch

Dividend uplift at Development-Underwriting Ltd to 54 percent

Development-Under writing Ltd announced a dividend raise to 54 percent for the half year ending December, up from 3 percent. Consolidated net profit rose to 962.28 with tax provision of 738,250. Directors also approved a rights issue offering one new share for every eight held at 3.18 each.

Finance, Investment and Property Development Group Sterim Asia

SWA Buys Large MacPherson Stake Via Slater Walker Group

Slater Walker Australia Ltd and associates acquire slightly under 15 percent of MacPherson Equipment Ltd, Sydney pallet hirer and Komatsu forklift distributor. Partners gain about 30 percent through associates and clients, widening SWA holdings while MacPherson founder C C MacPherson and family retain 6.25 million shares, about 4.5 percent. The move tests Australia’s foreign shareholding rules under the government energy code amid a complex ownership spread.

Slater Walker Australia Ltd Han MacPherson Equipment Ltd Komatsu SWA MacPherson C. C. MacPherson Vneterens Clor Ting Rive SW Ha Ical Feronim Thyamieh i Ineir

Revaluation Could Cost North BH Two Million

The company faced an Australia dollar revaluation impact, with directors denying large share sales while reporting revised ore output and metal concentrate figures. The Melbourne report noted higher concentrate values and estimated net profits around 3.5 million, alongside substantial investment figures and production totals in zinc lead and silver.

Thei Snietim Marvel Wesern Mining Corporation Lad Iy Ilegus Melbourne Viarmains Aisa Hans of Mathe Esimate Foval Aed Taal

Australian government faces potential rural loss from stimulus shift

In Canberra discussions, figures suggest rural loss could range from 6 million to 500 million dollars as reforms stumble. Anthony notes primary exporters lack assurance and compensation plans are unclear amid stimulus reevaluation and currency impact concerns.

Country Party Anthony Canberra

Also Mentioned on This Page

Senate Exchange Report Michael Jacobs London Kos Dachonas Berchole Collarion Bili Bt Co Australa Sa Es Os Orbital Engine Company MacPhersons North B.H Nonth Broken Ut Ltd Szaml Fon New Zealand Lia Alpander Ross Sessenday Reserve Bank of Australia Vale of Capital Aix Viggen Aaraspace Saab 2 Scania Fredrik James Fedral James Reece Arey Aalah Mauatter Janne Ai Loweli Maia Janung Win Oy Maar Eit Allent Ming Trom Gondeas Banless Sium Ome Aia Spyeeian Ah Om Cate Cosa Thesia Cratt Ben Nowraina Porett Nev Tli Hawt Das Raymond Slesegest Ant Henty Andrew Bath Ngram Roman Lin Diiuainer En Johnston Ely Gtanien Spike Raider Tar ‘Nesan Seq Nee Calon Hin Ay Arm Hrather Ding Felma Vince Chuck Anuahler Tammy Dank Tay Reman Tari and Reatney Waddington VE Daub Bovn Syd COMTI al Lovie ‘Uraiailations Nhu Wendy Cleary. Sinsay Gaieniell Annaundiey Malty Han Nai Thesthid Diane Peter “Willam al Ns’ Grimey Colac Pune Aounds Belconnen Ruslday Sisslie Sealy Ron Smin Hann Crett Scc Sen0or Warty Saleese Masher Eeeen Lut Mawson Elite Rama Nem Ty Alain Cenvemen Bos Phe Acre Bedim Anita Hilly Pf & Minh Chive Marsorsy Atha Petia Angie Iuen Aurvive Ber Unum Allen Curt Rhe Ackett Unus Wight Fats Bliss Aran IO Corpou Ean Wis Canaria Ainlie Isis Sd Anabel Reta Hackett Pedro Hiidishid Rouday Resorts MLS Waris Conners Avia Colume Phinax Caneirra Coaching Collet Saas Oluma Yim Enn
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