Clothing quotas under review after Canberra talks
Government plans an immediate review of import quotas on clothing and manufactured knitwear. Delegates warn higher quotas would hurt local industry as orders dry up and unemployment rises. Canberra discussions reflected concerns over impact on domestic workers and forward orders in the sector.
Insurance Home Loan Tie Case Seeks Rule Change
The commission considers prohibiting practices linking home loan insurance with tie-ins, noting unfamiliarity in Canberra but parallels seen in the United States. A proposal by United Permanent Building Society Ltd was approved in principle, seeking to use a nominated insurer and, upon death, have premiums paid by the society. concerns remain over extra costs to borrowers and insurer involvement.
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Hull
Detieg Teeing
Occ
Naurance and
United Permanent” Building Society Ltd
Manchester Unity Glderal Permanent Cing Society
Death of Sir John O'Neill
The obituary notes the death of Sir John O'Neill, prominent chair and leader involved with Nowa, Rural Free of companies, and banking interests. He held roles as vice-chairman of the United Charities Fund, chairman of the Lewisham Hospital advisory board, and trustee of the National Parks and Wildlife Foundation, among other civic positions. He served as honorary tenant of the Civic Resort Association and was connected to major Australian and New South Wales organizations.
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Nowa
John O'Neil
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Bank of New Savi Wales
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Wal Life Tram Tug Holdings
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LH. Smart Co
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Saonal Parks and Wildlife Foundation
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Civic Resort Association
IAC Proposes Limits On Rural Promotions
The Industries Assintauer Commission recommends strict new rules on government subsidies for rural industry promotions. It urges that subsidies be limited to cases where the product is prom mouable and promotion yields overall gains after costs. The package would apply to all rural products except wool, with conditions on new products or markets.
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Industries Assintauer Commission
Hay Alo
Australia to Import Butter from New Zealand for Export
Australia plans to import about 5000 tons of butter from New Zealand for packaging and export to South East Asia. The government aims to maintain a steady butter supply to overseas markets, citing domestic shortfalls and the need to support overseas demand. Officials noted promotions and international cooperation to sustain long term butter availability.
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Te Antresting
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Webster
Austral
Private capital spending in Caaperravend shows slight rise
Enlimmnes jswuaa ny tne Aurea of Statialee in Caaperravend showed new private capital spending, remaining at metered levels during the March quarter. Private spending rose by 1 per cent in the quarter and was 10 per cent higher than the year earlier, in seasonally adjusted money terms. Figures show overall investment levels appearing to stay below inflation rates.
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Enlimmnes Jswuaa Ny Tne Aurea
Statialee
Caaperravend
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