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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jun 10, 1975
Page
4
A miswritten note hints at a budget gesture by authorities toward companies amid economic strain. The fragment references investment in a new multiport, emphasis on funding, and a forthcoming meeting in the semimonthly period, with unclear details and names.
The Australian mining scene sees increased challenging inquiries and competition. Governor General Sir Thos Kerr visits Adelaide amid debates on prices and policy, while aviation and finance sectors show shifts.
A garbled passage touches on medical and scientific themes including cancer, ethics, finance, technology, and philosophy. It references institutions and people in a disjointed way, implying a discussion of societal impact and the need for clear, practical understanding amid complex research.
ICI reports half year profit down sharply as inflation bites. Revenue slid to about 358 million for the period ended March, with aggregated sales also lower. Directors cite weak demand and price pressures across major markets.
Listless trading drives mixed share activity on the Melhourns Line. BRE leads gains with a rise past 4 1 2 points while other names like CHA Lend Heine and Philo Miser show movement amid overall weak turnover. Investors monitor Canberra and Sydney markers as prices drift below the ten mark and premium rats shift amid low liquidity.
APPM plans to acquire a nine-firm Papua New Guinea sawmilling company as part of a broader deal. ANG Holdings and Pacific and Corporation are reported as involved in negotiating the purchase. Officials say the agreement aims to extend operations and study feasibility for future expansion in the region.
GandG revalues assets and reports a mixed earnings picture with a significant step up in valuations and a cautious sales outlook. The chairman notes no material rise in sales while the group emphasizes valuation gains in its balance sheet and reserves.
The holding company of the Keith Morrie group, including Morrin Constructions, was ordered wound up by the Supreme Court in Brisbane yesterday under the Companies Act. A petition filed in May in Australia and New Zealand Rang Grevi led to the action, with claims of substantial debts and assets. Judge Campbell oversaw the proceedings as details of the winding up were outlined.
March data show 2400 new insurance policies issued, a 7 percent lift from February. Market reports note increased premiums and a sharp rise in March filings, with total new business valued near 89.1 million compared with February. Stronger demand and higher policy counts reflect shifting consumer activity.
The article discusses IBM facing a legal battle over its market dominance, detailing government actions, court proceedings, and arguments about competition in the computer and technology sectors. It cites witnesses, court dates, and mentions related firms like Acer and other hardware makers within a broad antitrust context.
A troubled OCR fragment notes a shift in STC DC leadership as a marketing director moves to Canironien Welar amid vague references to a conversion project. Mentions Australia Bomate, Eqntranie, and a plan to provide high level consulting for mining efficiency and modernization.
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