Melbourne Stock Exchange Falls Amid Broad Decline
Melbourne trading today showed a general market decline with second rank shares firming slightly while overall demand softened. Reports indicate mixed activity across sectors, with energy and banking issues cited as weighing on the market, and notable moves in specific stocks including Bevan and Magill among others.
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Brisbane Prices and Market Test Report
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Falls and notices in fragmented history page
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Adelaide Prices and Local Markets Report
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Hulme outlines new TV laws
The Postermi¢e General Mr Hulme introduced legislation to reinforce government policy on television station control. The bill would bar any single person or company from holding more than five percent voting share in over two TV licences, with safeguards against retrospective effects on existing holdings and arrangements. He said current practices circumvented earlier rules and stressed the public interest in preventing manipulation of ownership and voting rights in broadcaster companies.
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Debate in the House on broadcasting regulation debate
The House discussed changes to broadcasting law to curb monopolies in television programming. Provisions aim to prevent government overreach while ensuring independent stations can operate, with regulators debating ownership and control of program content.
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