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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jul 20, 1973

Page

4

Industrial equities reel under 25 percent tariff cut

The market widely reacts to a 25% across the board tariff reduction. Industrials slip as chemicals, electrical goods, textiles and automotive parts weaken. some shares recover late as investors price in gains. Leading names and brokers show mixed moves with mining and manufacturing seeing broad activity amid the policy shift.

Rl Gov Tom Pershuky Vmalight Henry Jone Fam Keron Move Agar Kana EE Medentrey We Ae Roves Pat Ine Tike Cesmies Coker Esnen Anil

Illusory tariff cuts threaten Australian industry

The text argues that the 259 percent tariff reduction is largely illusory for Australian manufacturers. It notes that many imports enter tariff free or under by law, with only some goods benefiting. It warns of harm to domestic sectors, especially footwear, metal trades, and machinery, and highlights likely restructuring and wage pressures as firms face increased competition.

Department of Customiry Australia Cuiliomns Wyre Feariff Austral Ta Tanff Austra Tigre Heine Ut Weil Getow Industriex Yeats Aaislan Wille Ste. McBride Waa Taulf Bond Maak

Market indices show mixed gains and losses

The report notes fuel and power and clothing materials moving, with the Street index rising 2.5 points to 435.4 and the oil index up 7.4 to 905.4. Several sectors appear unavailable or down for two days, while a third day shows gains.

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Fragmented OCR reads like garbled local notice

The readable portions hint at a damaged page segment with names and times. No clear event, location, or outcome is discernible. entities and specifics are too obscured to extract reliable details for a coherent summary.

Aid Ming Wan at Wes Aut Binties Eats

Aid Ming Wan at Wes Aut Binties Eats details unclear. The fragment references a person, a location, and an event but lacks coherent facts to form a full summary. Further readable text needed for accurate card creation.

Aid Ming Wan

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