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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

May 20, 1977

Page

3

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.

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 The tribunal can compel publication under the Prices Justification Act, and Ford has already withdrawn its confidential submission.

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.

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.

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.

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.

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.

Sydney Stock Exchange Justice Fox Pane Continental Northerm Peka Queensited Mines Kathleen Investmets Advanced Wester Qesan Resources Matin CRA Utah

Also Mentioned on This Page

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
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