Australian firms await tribunal advice on price act
Large Australian companies face a three week window before the Prices Justification Tribunal comes into force. About 350 firms with annual turnovers above two million dollars are asked to register and provide basic details, including directors and services, with some delaying seeking legal guidance on penalties. The tribunal may pause price rises and investigate alleged infractions within three months, with potential price freezes for large firms.
MENTIONED IN THIS ARTICLE
Werte
Gomes
Afer & Company
Tobuny
Atatralias Lurger
NSW plans national legislation conditions for federal company act
NSW Attorney General McCaw seeks Commonwealth agreement before backing a National Companies Act and uniform securities laws. Terms include national administration oversight, exclusive Commonwealth registration authority, Commission appointments by Canberra, and reports to the Standing Committee of Attorneys General. A national advisory council would be created with cross jurisdiction representation and powers to issue directives to the commission.
MENTIONED IN THIS ARTICLE
Nsw
Mr McCaw
Milan
SSW
Commonwealth
Cermisssern
Ntional Commission
Annormerstienera
Fatiohal Ilvisory
Partie
Waeensand
Fev
Itt
Wren
Ite
Slater W to sell three firms for 12.75 million
Slater Walker Australia Ltd says it entered a 12.75 million contract to sell 30 percent of Australian Polymer Products Pty Ltd to Allied Polymer Group Ltd of the UK. APG will complete the purchase over about 34 years through its Australian subsidiary. Approval came from the Australian Government and the Bank of England.
MENTIONED IN THIS ARTICLE
Slater Walker Australia Ltd
Australian Polymer Products Pty Ltd
APP
Allied Polymer Group Ltd
APG
Allied Polymer Group Austria Pty
Bad
Slater Walker
Way
Death of wine man Mr Jan Howe Seppelt
Mr Jan Howe Seppelt, chairman and managing director of B Seppe Sons Ltd, died in office on Wednesday after a long illness. A reader in the wine industry, he held numerous public positions and was on the overseas trade publicity committee.
MENTIONED IN THIS ARTICLE
Jan Howe Seppelt
B Seppe Sons Ltd
Oa Fice
Commy
Shellwell Shell Dewelypment Aus traflay Pay Ltd report
Shellwell Shell Dewelypment Aus traflay Pay Ltd reported today that tty Basi Mer maid No Well was currently arising at a depth of ST. Prosres daria. In the past week they note 3 Mah. The well at Rowley Shawk, V7 ayiles weet of Broome, WA, by . mod we T4Q0ME a 1.272: of water.
MENTIONED IN THIS ARTICLE
Shell Dewelypment
Austraflay Pay Ltd
ST. Prosres Daria
Rowley Shawk
Broome
Agreement on Slim woodchip industry near Manjinup
An agreement signed by the Western Australian Government calls for an $11 million woodchip industry near Manjinup, 16 miles south of Perth, to supply up to $200 million worth of woodchips to Japan over the next five years. The plant will employ about 44,000 people and ship up to 7.5 million tonnes annually after an initial build-up. WA Chip and Pulp is seeking an export licence from the Federal Government, with site work at Moenjiniup slated for early next year to meet a 1976 completion commitment. The project is 60 percent owned by Bunning Timber Holdings and 40 percent by Millar WA Ltd.
MENTIONED IN THIS ARTICLE
Manjinup
Perth
Japan
WA Chip and Polo Co Pry Ltd
Tylor
WA Chip and Pulp
Tavelor
Perfect
Taylor
Concer Sons
Copper Up but Gold Falls in 1972 73 Outlook
Peko Copper shows profit lift but gold declines amid uncertain mid February and production shifts. December half profit rose to 33.6 million though full year impact may cut about 9 million. copper output minor rise contrasts with gold decline due to mine issues. Prices surged globally, copper to be 16d per pound and gold around 229.40 per ounce amid volatile markets.
MENTIONED IN THIS ARTICLE
Peka- Wallsend Ltd
Peka
Order Revoked Over Interim Tax Exemptions
The Federal Government revoked an interim tax exemption tied to a voting share arrangement involving Western Publishing Company Inc and Golden Press Prytite, affecting publishing operations and regulatory compliance.
MENTIONED IN THIS ARTICLE
Cin Serping
Western Publishieg Company Inc
Golden Press Pry Tite
AMKS quarterly output steady and zinc leader figures
AMKS quarterly output steady for the 12 weeks to lune 23 with production at the prior year rate. Zinc Corporation Ltd treated 14106 tonnes of ore with head grades 10.7 percent lead 10.5 percent zinc and 86.6 grams per tonne silver, producing lead and zinc concentrates and byproducts. New Broken Hill Consolidated Ltd processed 277,491 tonnes of ore with head grades of 7.9 lead, 14.4 zinc and 61.3 grams of silver, yielding lead and zinc concentrates and ash byproducts.
MENTIONED IN THIS ARTICLE
Australian Mining and Smelting Co Ltd
Yes Today
Zinc Corporation Ltd
New Broken Hill Consolidated Ltd
Warning on becoming complacent over Northern mining overseas participation
The Minister for Northern Development Dr Patterson urged continued overseas involvement in the mining sector. He cited Nabaliro Pry Ltd and the Gove tin and aluminum project as examples of beneficial investment. Patterson called for balanced Australian equity while stressing the ongoing need for the right overseas participation to drive resource development in northern Australia.
MENTIONED IN THIS ARTICLE
Northern Development
Patterson
Alsc
Ager
Can- Perra
Alain Coegar
Naebalow Pry Ltd
Nabulio & the
Stramtagie Company
Gove
Swike Alumnur Australia
Ausralian
Powerwon
Tat Nabalse
Coogan
Australie
Dr Patterson
Australia
Evel
de Pattenon
SAS
Oilseeds panel to monitor supply and demand
A representative industry panel will be set up to maintain a continuous review of oil seeds fats and oils. The ministers announce in Canberra that the panel will report to the ministers on Australian supply demand and international market developments. The decision follows a Canberra meeting on July 11 with officials and Brower processors consumers and exporters after actions in Amelia and Canada to limit export of fats oils and animal foods.
MENTIONED IN THIS ARTICLE
Overseas Trade and Secondary Industry
de Cairns
Writ
Canberra
Brower
Amelia
Canada
Conference opens for EWP Economik Wool Producers Ltd
The Canberra based wool selling group, Economik Wool Producers Ltd, opened its winter conference in Canberra yesterday. The event was officially opened by Mr D Renshaw, president of the Australian Meat and Wool Producers Federation and a member of the Australian Wool Corporation and the International Wool Secretariat.
MENTIONED IN THIS ARTICLE
Economik Wool Producers Ltd
Canberra
D. Renshaw
Australan Meat and Wool Producers Federation
Australian Wool Corporation
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