US$7 million loan linked to Australian funds probe
A Senate inquiry into the Mineral Securities collapse hears about a US7 million loan tied to Australian Mutual Growth Funds. Witness Nestel confirms prior formation of practices and warns investors sought gains. discussion touches information leaks, market optimism, and advisory roles as committee considers evidence from Australian and US finance figures.
MENTIONED IN THIS ARTICLE
Particutor
Mike Uinod
Georges
Mevlel
Australia
ANL Forecast Shows Losses Across Tasmanian Service
ANL officials told the Senate committee that the Australian National Line envisaged a loss of about 1.1 million dollars on the Tasmanian service this year. Disruptions by maritime strikes cost net revenue of around 600000 dollars, with some smoothing possible if ship congestion abates. The line expects overall shipping operations may incur losses this year but could surpass 1 million in total for the final year if conditions improve.
MENTIONED IN THIS ARTICLE
Canberra
Tasmania
ANL
Bir J. C. Gam
Senate
Beimry
Thule
ANU
Merzal
Dirgo
At Aum
Tasmar
Four million loss reported for half year
The report notes a four million US dollar loss for the half year amid market turmoil in Munich and Frankfurt. It cites rumours of central government moves and a strong dollar pressure pushing the deutsche mark to highs unseen since Deslers on Lonlon's Fordien Exchange. Analysts describe the period as a "dear panic" with buyers cautious and seeking stability.
MENTIONED IN THIS ARTICLE
Munich
Thustay
Hayers
Figmk-Nyos
Dalla
West Germany
Germany
Deslers
Lonlon
Fordien Exchange
Frankfurt
Blomus
Budget tough talk from Australian Treasurer Snedden in Canberra
Australian Federal Treasurer Snedden urged a tough budget to curb long term inflation and support economic development. He warned wage and price rises threaten consumer costs and stressed measures to blunt demand, build public confidence, and strengthen competition and efficiency amid rising prices.
MENTIONED IN THIS ARTICLE
Snedden
Canberra
Sneilden
Directors discuss duties and multiple roles in Kathleen Investments
The article examines what directors owe shareholders and how multiple directorships affect governance. It cites Mir Dowling and J B Roberts facing challenges, discusses conflicts of interest, and outlines director types from company insiders to professionals.
MENTIONED IN THIS ARTICLE
Tnxtay
Kathleun Investments
Austentia) Ltd
Mir R. Dowling
J. B. Roberts
Mie MeMulion
Cailereagh Secures Ltd
Me Dowling
Maheamiste
Kathleen Invest Fens
McMahon
Kane la
Kathleen Tayesimen
Ry Htudton
Dowling
Robes
Codjerearh
Kathleen Investerents
Biorrow
Senate
Beavis
Pelle
Dines
Asners Eeharobeideey
Isepa
Kathleen Knveslineoti
Jon
Auxtealian
Ares
Willaby
Ceria Voling
Moonlil
Aries
Sual
Mandineries
Aiicutt
Sasese
Australie
Nyt
Weauld
Reumuierne
Share Options Amid Severe Weather Reports
In Madagascar authorities report ongoing drilling amid severe weather conditions. Officials outline a plan to track the project as 10,664 units of resources are reported in the vicinity, with potential impacts on operations and local communities.
Poll Forced On Tullabong's Call For More Capital
Dissident Tullabong shareholders forced a poll after the extraordinary general meeting failed to pass a resolution increasing the company’s authorized capital. The move follows tensions over funding and growth plans, with investors pressing for clarity on future capital raises.
MENTIONED IN THIS ARTICLE
Tullabong
Tullabong ‘Tin
Hau
Trade as bridge eyed by Anthony in Australia Japan ties
Australian Deputy Prime Minister Anthony argues trade serves as a bridge between Australia and Japan amid growing bilateral ties. He notes Australia’s postwar stance, calls for realistic aid, and discusses joint development plans with Japanese officials.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Sendden
Anthony
Rome Reese
Australia
Tea
Nsw
Wiessara
Hope
Kiichi Aichi
Fee Ees Jvesigrduy
Call for Lower Interest Rates Across Nations
The report discusses calls for reduced interest rates to curb inflation and spur production. It highlights proposed government incentives, wage considerations, and investment policies aimed at stimulating industry while easing debt pressures amidst volatile inflation globally.
MENTIONED IN THIS ARTICLE
Anid. Palmer
Tor
Exinoa
Pattish
Spg
Federal
Feeesom
Maine
Chisaelleer
Invetsrat Oamenon
Ausialisn
Europe
Madagestan
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Mr Nestel
H.C. Sitign
Darling and Company
Melbour
J. Henry Schriler “Banking Cor
New York
Ficuss
Senate O Committee On Securities and Exchange
Ases Lib
Tas
Nestel
Tradine
Georges Cab
Neste
Rane
Crowie i Ville
Nis
Levery
Ted Lee
Dent
National Bank ‘Australia
Rae
Union Amksaid
H.C
Imadelcamers
Ranst
Nested
Sonaioe
Cormiee
Mir
J. Z. Martin
Scnalor
Esherland Ste McNhen
Ays
Petrie Stee
Eric Andersons
Mare Abe
Feview
Mons
TAA
Tullamarine
Teo Tong
Melsame Cricket Ground
Leighton Contractors
Lig
Stodilen
Associated Chambers of Manufactures of Austria
Ganberen
Choider
Sneddon
Doremeer
Ahem
Wortuw
Uftea
Spedden
Acon
Ubl
Snefden
Wecte
Mareh
Privne
Oneident Hutens
Lily
Mr Sneddon
Suse
Sante Select
Mineral Securities Australa Ltd
Kormeth Me“funn
Lake
Tan McCormack
Atenual
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Fone
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London
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Me P. Glisten Nn Gibb
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Snepatia
Bron
Cadi
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Ood
Eva
Svernnes
Resaite
Ryper
Atin Inguinan
Canberra Acceptance Corporation Pty Ltd
Yanodrn
Fyairniok
Act
Anthony Arived
Hewioy
Ls Rumeke
Copeman
Antony
Austratia
Feomna Trad Wonat
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Southland
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Suman
Sydney
Kilitand Milling Ltd
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Metsar
Reassured Share
Ilus
Whitford
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Montagnot
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Josew “Nisted
Wots Caine
Patrie Cabip
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Callins
Haapahyre
Norlands Pood
Mi M. Lincoln
Soother
Whitlard
Wa Ao
Frullabong
Wes. A. Ler
Siart Collins
Rngetts Camiune Ens
Collins
Aiber
Teneteen
Winder
Peru
Lima
Agricnitica