ANIMAL CATTLEMEN ANNOYED BY CARRY ON FUNDS CUT
The Australian National Cattlemen's Council voiced strong discontent after the government announced 316 million for carry-on aid for beer producers in 1977 78. Executive officer B J Cameron said the council had pressed for maintained funding, arguing beef and dairy producers face structural adjustments while manufacturing enjoys protections. The council urged reconsideration and clearer assurance on funding levels.
MENTIONED IN THIS ARTICLE
Counci
Courie
B. J. Cameron
Min‘tater
Sinclair
Fraser
Lynch
Arry
Cameron
PIT May Seek Ford Figures On Spare Parts Prices
The Prices Justification Tribunal in Melbourne is likely to demand Ford Motor Company figures on spare parts pricing. Counsel asked Ford executives John Sagovac and William Corbett for cost of sales and margins. Ford offered a confidential hearing, the session adjourned as chairmen discussed steps. The tribunal can compel publication under the Prices Justification Act, and Ford has already withdrawn its confidential submission.
MENTIONED IN THIS ARTICLE
Ford Motor Company
Melbourne
Ron Harbison
Ford
John Sagovac
William Corbett
Harbison
Sagovac
T Lawrence
E. Baston
Tribnnal
F Pryor
Ford Company
Severhultisnational Motor Companies
Australia
New receiver named for Poseidon dispute
A new receiver was appointed yesterday over Poseidon Ltd and its Windarra property part of the Windarra model complex. Mr D M Crawford of Peat Marwick Mitchell was named by Poseidon creditors amid a dispute with major creditor All Industry Development Corp. The sale of the Windarra complex has been advertised overseas with significant interest.
MENTIONED IN THIS ARTICLE
Possidon Ltd
Orginal
Fouidan
NW Buckley
Sach
Buckley
Posidon
Windatra
Poseidon
Sovill ‘Windarra
Windarra
D. M. Crawford
Accuments Peat, Marwick, Mitchell and Ci
Union Oil Development Corporation
Hanna Lid
Homestake Australia Ltd
Crawford
Posedon
All Industry Development Corporation
BHP April Output Rebounds Amid Industrial Action
BHP reports mixed April production with a rise in raw steel and natural gas output while crude oil and LPG fall due to maintenance strikes. Monthly output reached 637 000 tonnes, up 72 000 from March, with yearly totals at 7.037 million tonnes, down 249 000 from last year. Crude oil output fell to about 4.2 million barrels for April, though annual crude volume neared 69.5 million barrels. LPG output dropped in April but the year’s cumulative LPG reached 643 000 tonnes, a 44 100 tonne jump from the prior year. Natural gas output increased by 5 million cubic metres in April as activity resumed.
MENTIONED IN THIS ARTICLE
BHP
Apri
Graw
Bass ‘Strait
Mantimenian
BHF
Wool remains Australia’s top export asset in latest estimates
Deputy Prime Minister Anthony stated wool again leads Australia’s export earnings after a 60 percent rise in export value year over year. Coal and iron ore also grow amid an energy crisis, with Japan continuing as a major customer for wool, coal, and iron ore while meat and wheat exports show modest gains and stability.
MENTIONED IN THIS ARTICLE
Australia
Anthony
Australas
Japan
Government blamed for ACT housing slump says master builder
An official from the Master Builders Federation of Australia blames government policy for a slump in ACT housing. March quarter commencements fell to 620 from 670, approvals to 340 from 790, and completions dropped sharply. Mitchell warns continued policy could worsen economic activity into 1977–78.
MENTIONED IN THIS ARTICLE
Act
Kowest
Territory
Master Builders Federation ‘of Australia
Housing of the Federation
M.N. Mitchell
Bureau of Statistics
Mitchell
Australia
Defence Service
Uranium shares rally amid market light on mining progress
Uranium stocks gained on the Sydney Exchange ahead of Mr Justice Fox's second uranium mining report. Pan continental led gains, with Peka rising 14c to 5.74, Dparmer EZI firming 3c to 3.45, Queen situated Mines up 10c to 2.60, and WMC up to 1.79 after 75,700 shares. Overall, mining shares held firm while most others moved little.
MENTIONED IN THIS ARTICLE
Sydney Stock Exchange
Justice Fox
Pane Continental
Northerm
Peka
Queensited Mines
Kathleen Investmets
Advanced
Wester
Qesan Resources
Matin
CRA
Utah
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PIT
Sydney
Seth
Terry
Goa
Giang
Cme
Hava
Hana
Hong
IBD
Ste
Poe
Alvones
Chamiow
Baras
Sratex Schvorien
Sen Tig Toed Sk. Gem Taioert Pe ‘Dade
Semch
Tours
Sane
Io Barat
Nsw
Tasmania
New South Wales
Victoria
South Australia
Western Australes
Tiemer
Bain
Porter Parnersong
AL United Corporation Limited
Talth Trading Bank