Inflation Up One Percent in Australia as Prices Climb
A 1.0 percent rise in the Australian consumer price index drives the annual inflation pace to its strongest quarterly gain in four years. Main drivers include housing costs up due to rents, meat and potatoes, eggs, and clothing. experts call for policy action while noting wage and income dynamics.
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Adelaide
Sydney
Food
Po OT
H. G
NASA Ig Syaney
Perce Hing
Mr Monk
Arribune
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Ok Trereme
Melbourne
Perth
British Tobacco withdraws Marchant offer in Sydney
Sydney report states British Tobacco Australia Ltd withdraws its offer to purchase Marchant for the beverage firm. The move ends the planned deal and leaves Marchant without the anticipated buyer.
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Sydney
British Tobacco Company
Australay Ltd
Marchane
Betleh Tohacoot Aad
Janis
Transoil N L Shares Seen Opening With Premium
Brisbane stockbrokers predict a 100 percent premium for Transoil N L on listing Thursday. The report outlines oil exploration activity in the Amadeus Basin and nearby fields as well as the expected market reaction to the prospectus and surrounding developments.
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Transoil N.L
Transoil S
EX-1
Ome
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Eral Petvedeum - Pidy
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Exoil
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Andy
Northern Territory
Evol
Amadeus Basin
Galilee
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Corrie Aml Coe
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Aida
Idan Ectusel and Co
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Muna al
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Optimistic outlook for Yardarino No 2 gas well
Perth reports Yardarino No 2 gas well expected to penetrate sands within days. No. 2 lies east of Yardarino No 1 and aims for 10 000 ft depth to assess gas potential. Engineers anticipate drilling several wells to meet a projected supply of 15 million cubic feet daily for about 20 years.
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Grapers Yardarino No. 2
Provorth
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Gas flow reported at Vanalai and Sunnybank wells
The Associated group of oil companies announced gas flows in Southern Queensland. Vanalih No 1 produced 42 million cubic feet per day in a nine minute drill stem test. Sunnybank No 5 yielded 75 000 cubic feet per day with a small quantity of associated gas.
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Melbus
Quensland
Associated Group of Oil Companies
Vanalih No. 1 Co
Rome
Casho
Sunnybank_ No. S
Roma
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