Peacock to lead Australian delegation to Paris meeting
The Minister for Foreign Affairs Mr Peacock said he would head the Australian delegation to a ministerial meeting in Paris of the Conference on International Economic Cooperation. The meeting runs May 30 to June 1, noting CIEC founded after the late 1973 oil price shock and aimed at revisiting relations between developing and developed countries in energy and development.
MENTIONED IN THIS ARTICLE
Peacock
Paria
CIEC
Paris
No major shift in consumer sentiment seen
The University of Melbourne Institute of Applied Economic and Soci Research and Morgan Research report a small April rise in the consumer sentiment index from 98.6 in March to 101.6, but the data show no clear reversal of the ongoing downward trend since January 1976. The survey notes factors like the national wage decision and the December quarter late, yet only 18 percent anticipate better times ahead, up from 14 percent in March, with the overall mood still cautious amid wage freezes and policy debate.
MENTIONED IN THIS ARTICLE
Melbourne
Applied Economic
Soci Research
Morgan Research
Aveda
Modest Profit Expected for Qantas in 1976 77
Qantas reports a modest profit for the year ending March 31, reversing a record 4.2 million loss in 1975-76. Chairman Sir Lenox Hewitt cites a better than forecast result, with net profit near 84 million to 85 million expected as accounts close. He warns profits depend on avoiding unforeseen catastrophes and notes superannuation liabilities allocations.
MENTIONED IN THIS ARTICLE
Qantas
Lenox Hewitt
Aircraft Magazine
Bir Lenox
Last Sydney share market prices list snapshot
A fragmented Sydney share market list shows prices for industrials and various equities. Entries include Baer 90, Bon 14, Ean 213, Exp 70, Em 3, Fond 108, Or Katy 172, and several others with mixed values and unclear denominations. The jumble includes company tickers such as AUC, Pope 19, Cane 175, and Den 80, plus option and index mentions like 700 and 330.
MENTIONED IN THIS ARTICLE
Baer
Man
Orion
Wen
Fond
Oren
Remas
Hera Mere
Ray
Pope
Metals Copper and Silver Prices Reported
Copper trading levels show buying at 798 and selling at 7938.50 with a 5.723 finish and a $727 reference. Lead listed at 377.80 with 37 percent, zinc at 337.50 MK, silver at 275 pence per ounce, and gold at SUS147.35 per ounce.
Myer posts record half year sales of 537 million
Myer Emporium Ltd reports a record 537 million in the half-year to January, with profit at 26.9 million. Directors warn prospects for large gains in 1976 77 are not encouraging. Two new Myer stores and new Target outlets planned for spring and calendar year.
MENTIONED IN THIS ARTICLE
Myer Emporium Ltd
Australia
Kenneth C. Steele
Keith A. Rosenhain
Niles
Deer
Steck
Rosenhall
Myer Department
Spriing
Knox City
Oenire
Melbourne
Chermside
Brisbane
Target Discount
Victoria Park
Western Australia
Knox
Chinese mission eyes closer trade ties with Australia
A Chinese mission in Canberra backed by the Australis China Business Cooperation Committee foresees stronger China Australia trade relations. Led by Wang Yue-ting, the group met with Overseas Trade Industry and Commerce Primary Industry and National Resources officials to plan a fourth Joint Trade Committee meeting under the 1971 trade accord.
MENTIONED IN THIS ARTICLE
Australi
Australia
N. M. Blyton
Canberra
Blyton
Ted
China Council For the Promotion of International Trade
Wang Yue-ting
Overseas Trae
Industry and Commerce
Primary Industry
Nat Lional Resources
China
Wes Mellyton
Turner Cuburg
Ching
Australis
Chinz
Agin
Chin Wil
Mision
Building slump near end McLeay says
The recession in the building industry had virtually ended with pockets of inactivity. Canberra quotes Minister for Construction McLeay saying all sectors show growth and improved position from two years ago. He cites federal allocations to states and lowering money costs as key, aiming to reduce the deficit to about £52.6 million for the next Budget.
MENTIONED IN THIS ARTICLE
McLeay
Canberra
McLéay
Muster Builders Association
South Australi
Nest
Exporters to PNG seen as complacent in markets shift
Port Moresby report quotes NSW trade mission head Day noting Australian exporters grew complacent about New Guinea markets after independence. He says PNG seeks competitive imports, with firm orders and contacts to follow up. Issues include delays and high Australian freight costs vs UK or US options. containerisation may help. The mission moves on to Monkgaten then Clone Japan.
MENTIONED IN THIS ARTICLE
Port Moresby
PNG
David
Austalia
Britain
United States
Mong Kanetan
Japan
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