Government loosens offshore oil laws in Australia
The Commonwealth and state ministers announced liberalised offshore oil exploration rules. The changes extend continental shelf jurisdiction to 200 metres, alter permit lengths, retention rules, and work obligations, and ease royalty provisions. Companies face relinquishment of areas after each period, with renewal rights but strict surrender requirements.
MENTIONED IN THIS ARTICLE
Bury
United States
Australia
Commonwealth
America
Ansetralia
Gippsland Shelf
Commonwealthl
Imeres
Onty
Expo '67 Promises World Showcase On Man Made Island
Canada marks 100th birth day with Expo '67 on a St Lawrence River island. Nations like Australia present a theme of Man and his world. The event will feature opera ballet and a broad arts program, with a vast permit system for blocks and locations guiding future development and royalties for operators.
MENTIONED IN THIS ARTICLE
Canada
St .Lawrence River
Australia
St. Lawrence River
Notre-Dame
James Hardie Profit Jumps to 3.6 Million
Consolidated net profit figures for Kathleen Investments and related entities show James Hardie posting a 3.6 million gain. Affected by depreciation and tax, the report notes shifts in equity stakes for Australia Pty Ltd and End consultancy links with William Adams and Co Ltd. Directors highlight plans to expand export activities, with final dividends and regional growth targets in Southeast Asia and Pilbara WA.
MENTIONED IN THIS ARTICLE
James Hardie Asbestos Ltd
Sydney Stork Exchange
Kathleen Investments
William Adams and Co Ltd
Australia) Ltd
RX Tone al
South East Asia
Port facilities lag cargo growth across Australian ports
An inquiry reports that port facilities have not kept pace with increasing general cargo and calls for urgent action. The study results have been sent to Commonwealth and State authorities with recommendations to rectify the situation at the soonest opportunity, noting revenue and facility gaps beyond simple income.
MENTIONED IN THIS ARTICLE
Melbourne
Iteo
South Australia's Arbitration System Sees Sweeping Reform
Adelaide reports the South Australia arbitration system will undergo major changes, adding a direct access channel for employees and employers to file claims of any amount under awards. The move aims to reduce legal costs and speed justice, with new judicial layout and potential shift in jurisdiction across states.
MENTIONED IN THIS ARTICLE
Adelaide
South Australia
Larke Con Industries Ltd Posts 156000 Profit in Year
Directors of Larke Con Industries Ltd report a 156000 profit for the year ended June 29. The company is reshaping its subsidiaries Rutile NL and Zircon Mines and signs an agreement with Nissan Motor Peko-Wallsend Investments. Production figures rise as the Datsun 1300 and Bluebird models see gains.
MENTIONED IN THIS ARTICLE
Rutle
Zircon Mines
Mewcastle
Larke Con
Overdrafts Rise as Banks Maintain Lending to Drought Areas
The Reserve Bank bulletin shows major banks' overdraft limits rose by 38.8 million in the four weeks to June, with new and increased overdraft commitments averaging 23.6 million weekly. Term loans averaged 1.3 million weekly, while lending to primary producers and other drought-affected sectors remained strong, per R B Cameron of the Australian Bankers Association Research Directorate.
MENTIONED IN THIS ARTICLE
Melbourne
Inather
First National Iity Bank
New York
Oll Lisig
Waltons Credit Corporation Ltd
Waltons Abel Lemon Holdings Ltd
Reserve Bank
Australian Bankers Association Research Directorate
R. B. Cameron
Miners Attract Interest In Sydney Stock Market
In Sydney trading today mining stocks drew interest as Kathleen Investments led gains with a 2c rise to 270pence after Pilbara WA tin leases were announced to yield 6 10 in RO fans annually. Rights rose to 1 10, and contributing shares up 1 0. Broadly, mining and oil turnover hit 287,900 while industrials slipped to 452,667. Other miners advanced including New Broken Hill Mount Isa CRA Western Mining Southern Kingta Shaw River Alluvials. Woodside Group posted the largest fall with fully paid shares down 3c to 9c and contributing shares sliding.
MENTIONED IN THIS ARTICLE
Allen & Rts
Nat Bank
Amalg Dalgety
Nat Com
My Allied Invest Dewt
Newbold Teta
Peko
Flee Ind B
Ity
Amalg Held
Wy Robs
Ansett TR
Forfa J
Rockla
Loy
Cig
Planet
Mn I Savoy
Mising Ety
Ay Farley
Schweppes Cra
Coarp
Fenwick
Ris
Scorte
Kath Invest Auto USA Garden
Ins
Ty Gilbert
Soul
Smith H
My Cy
Bank Nsw Siath RM
Tiny
Ri Healing AG
Stedman J Metal Fx
Rell
Risley Daly
Frarmat
Jenn AW
Taylor
Broken Hill Brickworks Katies
Larke
Waltons Nauc Biz i Lindeman
Shaw River Burns
Lysaght
Sh Burns
Mac Equipt Waugh
J SN Kinia
Ray Carp
McPherson
Mts
Western
Clark
Ti Whale Ind
Wesern Thani C Sugar Ns
Milton
Sy Williams Fury
CRC
Sydney Motels A
Younghusband Wyong Minerals Cotees
Ay M More
Kathleen Investments
Pilbara
New Broken Hill
Mount Isa
Western Mining
Kinta
Dde
Shaw
Woodside Group
Also Mentioned on This Page
Lake Credits Co. Pty. Ltd
Counfies
Secon
Reid Bros
Reid
Port Adelaide
Unicare
Block
SRI
le Own
P&o
Peninsular and Orient Shipping Group
Chiro
J. D. Bates
Bates
England
Sydney
James Hardie
Adams
Kathleen
Alcoa
Linnie
Racwnes
SNH
Incua
Met
Commiafairne Harkourt Truetisioners
Trades Hall Council
1. Ho Jphes
Employers
W. (. Dean
Claire
Uy Se
Waltons
Abel L
George S Moore
Odin
Moore
CIA
Aroun Sis Nee Ful
Rutile Z
IHE Civil Co-Operative Permanent Building Society Limited
Civic Co-Operative Permanent Building Society Ltd
Maitland Mouse
London Circuit
Canberra City
the City Mutual Life Assurance Society Ltd
N.S.W
Hebert Place
P.O
Cityl
Canberra
E. J. McGrath
Main
Myer
Wynyard
Nts
Os Adams
Nee Gibson
Rts
Nele
Alliance Iz
Agron
Grace Brow
O'Brien
Asoc
Eric
Jeffries
Pioneer Sugar Santon
Bebarlalds Ty
John MB
Transai
Woodside
Kingsway
Bramble
Landmark
L Lease
Sebels
Coles GI
Marrickville Sims
South Cane
Cn Steamship
Davies
Henry Ar
Miller
GM Kalg
King Island
Dunlop
Whippy Tnt
Mbgee
UN Batta
Muswellbrook Ay Webster Agrt
United Uranium Fight
Mofflin
Foy Mark
Basie Meteriais
Sydney Stock .Exchange
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