Takeover bid for T. A. by AMATIL confirmed in Australia
Allica Manufacturing and Trading Industries Ltd AMATIL confirmed a takeover offer for T. A. a Sydney meat processor and reseller. AMATIL proposes about 12.8 million in cash and shares valuing Field family holdings at roughly 60 par cent. The offer values TA Field at about 41.00 per share, with board to decide after Part A statement.
MENTIONED IN THIS ARTICLE
Allica Manufacturing and Trading Industries Ltd
Amatil
T. A
Field
T. A. Field
Field Directors
May Budget Surplus Hits 599 Million Despite Deficit Fall
The May monthly financial statement shows a 599 million budget surplus with the year to date deficit down from February. Total revenue rose, and the government notes a monthly surplus of 418 million based on domestic proceeds and domestic finance activity. End-May treasury balance stands around 1,200 million with bank balances near 187.1 million.
MENTIONED IN THIS ARTICLE
AE Ned
Treasury
Reserve Bank Fox
Treasry
Rise in Property Yield Reported by Hooker Trust
The manager of Hester Property Funds Management Ltd, part of Hooker Corporation, reported yields reaching 9.74 percent with 75 percent of all income over a guaranteed level. Trust properties were valued monthly, and the seven year term will govern the arrangement.
MENTIONED IN THIS ARTICLE
Hester
Unds Management Ltd
Rich Ke
Hooker Corporation
EFOUP
Alee
AUSTRALIA AND NEW ZEALAND MAY JOIN BUENOS AIRES POLICY
Buenos Aires reports a potential joint policy proposal from Argentina to include Australia and New Zealand in a common policy on trade and wool exports. Officials from the Argentine agriculture department provided the information, noting the idea would align with regional interests.
MENTIONED IN THIS ARTICLE
Buenos Aires
Ausralia
New Zealand
Omaa
Brewer sets cracking pace to earn 12.7 million
The Melbourne and Brisbane brewing groups report year over year earnings gains with Tooth, Toohey, Castlemaine and Swan showing strong profits. Tooth’s full year profit rose about 9 percent aided by market growth while capacity limits restrained sales potential.
MENTIONED IN THIS ARTICLE
Brewer
Lid
Sarafinanna Snead
Castlemaine
Tooth
Swan
Waply
MT. Alve
Alve
Nsw
Toohey
Courage Brewerin
Alce
NSW Cabinet backs sand mining in national parks plan
NSW Cabinet approves five year move to permit sand mining in national parks. The decision echoes Fraser Island mining debates and raises questions about compensation, federal response, and long term environmental and economic impacts.
MENTIONED IN THIS ARTICLE
Nsw
Anthony
Maryborough
Queensland
Fraver Island
Bing
Illingkem-Murphyores
Frater
Aries
Fraser
Dillingham
Lan Tsources
Inouye
Haitan
US Senate
Fraser Island
Illinghem
Fraser Inland Development
Wis
Fraser Inland
Dillingham Corporation
Ant ‘Environmental Inquiry
Australia
Frauer Island
Australis
Assalin
Dm, Minerals
Senate
LIS
Low oil price cited as trigger of economic imbalances
Australian ministers and experts warn that cheap crude harms domestic energy development and may spark inflationary pressures. National Resources and Overseas Trade Minister Anthony Blames low prices for reducing oil find incentives while Texan professor Harry Deans predicts oil prices stay high by 2000, urging further energy alternatives.
MENTIONED IN THIS ARTICLE
Anthony
Canning
Redmond and Tweed
Motor Tradery Association of Nsw
Lismore
Forcot
Harry Deans
Deans
Rice University
Houston
Sydney
Deant
America
Europe
Premier plans firsthand look at beef problems
NSW Premier Mr Wran said he would become directly involved in NSW beef industry problems after a Crookwell dispute. He pledged to study proposed shale marketing and convene producer groups to discuss orderly marketing, meeting with key industry and government officials on June 21 to seek unified support.
MENTIONED IN THIS ARTICLE
Rory Se
Nsw
Mr Wran
Cattlemen's Union of Australia
Crookwell
Wran
John Carter
Ueganisa
Me Renshaw
Day
Emtalivity
NSW Graziers Association
United Farmers and Woolpromers Aschen
Nin
Nerlino Meeks
Victorian dairy industry advisory committee announced
The Minister for Primary Industry Mr Sinclair said a Victorian dairy executive would head the Australian Dairy Industry Advisory Committee and retiree Med C-Gleevon would step in as chair. Ten other members named will serve part time for three years under FEU arrangements starting July 1 to assist the Australian Party Corporation.
MENTIONED IN THIS ARTICLE
Sinclair
Med C-Gleevon
Sindhirala
Auatealian Party Corporation
FEU
Also Mentioned on This Page
Usstess & Economics
Serra Ol
Hooker Property Iaiment Trust Gust. Pry
Melbourne
Amco Ab
Crete
Mare
Merman
Eames
By Arthur Gray
Dillingham Ie
Straia
Serato Inouye
Hawaiia
House of Representatives
Philip Align
Sould Gene
D.M. Minerals
DM Minevale
DM. Minerale
Penate
By Jan Hodgkinson
Pry Ltd
Paris
Hew
Woo
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