Sugar price rise opposed in Canberra report
Federal officials face mounting pressure to prevent a domestic sugar price increase later this year. Canberra reports the current price stands at about 19 cents and a nominal rise could impact world prices, buyers, and growers already burdened by market forces. The government considers options including delaying any rise and maintaining export loans to ease immediate problems for growers. AUBAI and other figures weigh the potential impact on prices, world markets, and the farm sector.
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Canberra
Australia
Sweden
Joan
Minter
Melinenl
Dig
Griwer
Jveny
Pesierdas
Jonle
Lend Lease Profit Rise Amid December Half-Year Gain
Lend Lease Gory Ltd, a major Sydney contractor and property developer, reports a modest rise in group net profit for the December half year. The exact percentage is unclear from the fragmented OCR text but indicates an upward trend for the property services group.
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Lend Lease Gory Ltd
Sydney-haved
Americans Take Control of Pink Pages Ad Firm
A large US group has bought control of the company handling Pink Pages advertising across four Australian states. The local firms, including South Australia Queensland and the Northern Territory, have operated for about 25 years. The chairman, Mr de P Chinay of Adelaide, said there would be no change in the management unless the new owner disputes the existing arrangement.
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Tocal Companys
Scuomien
Aust Pry
General Telenine Directing Co
Delaware
UNA
Anst
Pmcve
Pink Mages
South
Austra
Tuamanis
Queensland
Northern Territory
Groun
Edward Is
O'Bren
Victoria
Nsw
Direct
Jurien Vaum
de P Chinay
Adelaide
McEwans Earns Higher Profit in Interim Report
McEwans Ltd along with Methonene and Canberra hardware retailer reported higher six month profits ending December 31 versus the prior year. Dividends were noted as 10 percent with interim figures and projections indicate continued strength into the next period. Directors expect further gains as the year progresses.
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McEwans Ltd
Methonene
Canberra
Yma Mefooun
Latheridiacenly
Dot Fo Pty Ltd
Dieriot
Brokers cheer bank rate cut in London market
Brokers cheered when the London Stock Exchange announced a Bank of England rate cut of 1 1/2 percent from seven and one quarter to six percent. Markets showed mixed reactions with share prices easing back to near prior levels as traders weighed further reductions and potential impacts on financing and expansion.
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London
London Stock Exchange
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Dustttalus
Sharp dip in foreign capital inflow in December quarter
Australia saw a net capital inflow of 120 million dollars in the December quarter of the 1966-67 year, down from 78 million in the same period a year earlier. Factors include timing adjustments and reduced civil aircraft and defence equipment investments abroad, with private capital movements and a balancing item shaping the result. The highest quarterly inflow previously occurred in June prior to investment restrictions.
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French Senator Sees EEC Tax Effects on Market Flows
A French Senate Finance Committee delegation visiting Australia as the Common Market debate resumes notes capital shifts after new restrictions. The report highlights a drop to 105 dollars and the December quarter figures show Paris trade gains driven by exports of wool, iron and steel, ores, meats, and cereals, despite tax and tariff pressures.
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Australia
Senate
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Blakistons Forecast Mixed Path Into 1967 68
Blakistons expect a third loss this year but project a profit in 1967 68 amid plans to sell at 6 interstile rewd nerve Vien and fully reorganize the business. The group notes earlier years include 1945 Tow hi gh Ah and 1946 Hon of N75, with British membership affecting Aus Australia trade and a shift toward international markets.
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Tondtran Group
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McMahon Defends Oil Royalties in Canberra Talks
Senator Roach says ministers and officials discussed writs and renewed hal tyer et the European Economies Community. They debated double taxation between Australia and France, noting hurdles before any agreement and the impact on oil producers and investors.
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Roacherse
Tom
Canberra
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Australia
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New Zealand
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Tima Inc
New York
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Norway
McMathing
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Overseas investments and inflation pressures noted
Fragmented text cites overseas investigations of about $20 million and an $18 million line, linking capital inflows to inflation. Mentions Commonwealth aid and a fall period, with references to foreign investors and loan redemptions. No clear events or names fully readable.
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Ction
Commonwealth Hut
Caue
APM mill plans final amid delays and talks
The mill at Gippsland Victoria plans a new pulp output using eucalypt fibers with an initial capacity around 35 000 tons yearly. Work paused last year awaiting factory arrangements and government involvement but directors say negotiations succeeded and restart is under way.
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Autirauan
Plims
MIA & sttHi
Maryvale
Gippsland
Rutpon
King Is lands lift market in Sydney trading
Trading across Sydney today showed mixed results with King Island shares leading gains, rising about 23 cents to 33-18. Others like Broken Hill South and Western Titanium fell after opening highs, while Henry Jones bounced back modestly. Overall indices showed more rises than declines as gas and oil names edged higher.
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Sydney
Fun Minors
King
Island
Scheele
Broken Hill
Midyell
Westen Mining
Wwe
Glofte
Henry Jones
Freney
Time Life Stages Strong Recovery in 1965 Australia
Time Life International Australia posted a recovery for the year to December 1965 turning a loss of 43994 into a profit of 165266. The result reflects a robust rebound for the firm amid postwar market conditions and signals improved performance across its Australian operations.
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Time Life International (Australia) Pty Ltd
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