Urgent action urged to curb inflation says AIDA bulletin
The Australian Industries Development Association calls for urgent anti inflation policies to control both prices and incomes. It cites five year data on prices productivity and earnings, arguing wage growth outpaced productivity and outlining expected effects of a Prices plus productivity framework and the Prices Justification Bill.
MENTIONED IN THIS ARTICLE
Australian Industries Development Association
Pubisteil
RCN
Sony
Bijeral
Ansal
Tis
Vhs
Gad Aida
Bulletin
MIDA
VAM Ltd Seeks to Keep Operations and Pay Deferred Claims
A meeting of VAM Ltd creditors in Svinev approved a scheme of arrangement to keep the company operating for at least two more years. VAM has been in provisional liquidation since February 10, 1971, with creditors deferring claims for a period. Official liquidator B.H. Smith projected a possible profit of 1.3 million in 1975, while three months to June 30, 1973 may yield about 168,000, though figures are cautious. Half-year to December 31, 1972 showed a 513,378 loss due to development work and the tax liability question remains unresolved.
MENTIONED IN THIS ARTICLE
VAM Ltd
Svinev
VAM
B. H. Smith
Smith
Rural aid demand eases in reconstruction scheme
The Bureau of Agricultural Economics reported a relief in demand for rural reconstruction as of January 1973, with 6 to 7 percent of rural holdings applying. Initial high demand for debt reconstruction loans reflected drought and wool price drops, while farm build-up inquiries rose. In 12 months, loan applicants carried about $410 million in debt, averaging $24,500 for debt reconstruction and $28,800 for farm build-up.
MENTIONED IN THIS ARTICLE
Bureau of Agricultural Economics
LNC Holds 11.03 Percent in Brooklands Holdings
Sydney based LNC Industries Ltd owns 11.09 percent of Melbourne listed Brooklands Holdings Ltd. LNC directors told the Melbourne Stock Exchange that its voting stake totals 366 739 shares in Brooklands.
MENTIONED IN THIS ARTICLE
LNC Industries Ltd
Brooklands (Holdings) Ltd
LNC
Melbourne Stock Exchange
Brooklands
Woodside Burmah hit major oil strike on NW Shelf WA
The Woodside Burmah group reports a new oil discovery at Berer No 1 on the North West Shelf of Western Australia with 39 degree API oil flowing about 2,729 barrels per day during a weekend test. The find lies near Goodwin structure, Eaglehawk No 1, and North Rankin gas field, prompting plans to drill further on Egret structure and consider accelerating development to tap a domestic market. The discovery confirms a wider hydrocarbon column with gas production alongside oil potential.
MENTIONED IN THIS ARTICLE
Woodside-Burmah Oil Exploration Group
Berer No 1
Goodwin No 3
Eagiehawk No
Goodwin Structure
Faglehawk No 1
North
Rankin Gas Field
Woodside-Burmah
IMO
Sam
Partnes
RTZ Tax Change Ends UK Tax Deduction on Dividends
Rio Tinto-Zinc shareholders in the UK will no longer have UK tax deducted from dividends. Australian shareholders may not receive extra payments as a result. The change follows an alteration to UK Income Tax law, ending the deduction previously claimed by Australian investors.
MENTIONED IN THIS ARTICLE
Rio Tinto-Zinc Corporation Ltd
RTZ
Jennings completes acqusition of Bowral Brickworks holdings
Jennings Insistes Australia Ltd has completed a major takeover of Bowral Brickworks Holdings, acquiring all issued capital for about 4.2 million pounds. The Bowral works in New South Wales can produce 30 million bricks annually. The directors of A Jennings opposed the 2 million valuation, basing it on a feasibility study tied to integrating Bowral’s products and distribution with ALWV. The deal makes Bowral Brickworks Ply Ltd and its affiliates wholly owned by A WV.
MENTIONED IN THIS ARTICLE
AWV
Jennings Insistes (Australia) Ltd
Megotiuieng
Bowral Brickworks Holdings Pr
Bowral Brickworks
Bowral
Nsw
A. Jen
Jesus
New South Wales
Victoria
Horders
Utz & Boda
Bent Street
Sydney
May & Malor
Collins Street
Malbourne
Proms
Commonwealth Trading Bank of Australia
London Circuit
Ainslie Avenue
Lombard Australia Limited
Canberra
AWA to Produce ICL Compatible Terminal Version
Terminal orders from Australasia based AWA for an ICL compatible programmable video data terminal. The TCL 7181 emulation will include extra editing and line handling features and is gained by swapping a plug-in ROM board.
MENTIONED IN THIS ARTICLE
Amalgamated Wireless (Australasia) Ltd
AWA
Postmaster-General’s Department
Tender Out for Foreign Affairs System Upgrade
The Department of Foreign Affairs invites tenders for a computing system, terminal facilities and support programming. The contract covers supply installation and maintenance of computer system to track government cable traffic in and out of Canberra via overseas posts as part of a long term communications upgrade plan.
MENTIONED IN THIS ARTICLE
Department of Foreign Affairs
Canberra
Foreign Affairs projects upgrade computer and telecoms
A Department of Foreign Affairs spokesman said tenders close November 16 for a system to enhance communications inter face equipment and programs supporting operations. The system is planned to be operational in Canberra in 1976 with computing applications to evolve in line with other departments.
MENTIONED IN THIS ARTICLE
Department of Foreign Affairs
Canberra
Terminal conversions enable ICL CUDN compatibility
The text explains converting a terminal to CUDN compatibility for ICL systems and the reverse process by re enabling the original program board to connect directly to an ICL System 4 or via CADIN. Delivery of these terminals will begin midyear.
Sperry Univac to Deliver Semiconductor Memory on UNIVAC 9700
Sperry Univac plans semiconductor memory for its UNIVAC 9700 in the UNIVAC 4700 line this fourth quarter. The move promises cost savings and lower prices for customers, says managing director Mo Erle Milburn III of Sperry Univac Australia.
MENTIONED IN THIS ARTICLE
Sperry Univac
Univac
Sperry Univac Austratis
Mo Erle Milburn Iii
Parsons Company Uses MARC II Terminal for Cost Control
The Ralph M Parr sons Company Pty Limited installs a Control Data MARC II remote batch terminal in Sydney to manage costs across Australia. Connecting via PMG lines to the 6600 at CDA Data Centre, Parsons uses EDP methods to monitor all project costs from design through construction.
MENTIONED IN THIS ARTICLE
Ralph M. Parsons Company Pty Limited
Australia
Sydney
PMG
6600
CDA
North
Parsons
Oe Ak
Summary of Early Computer Storage and Processing Concepts
This passage outlines how information is stored in main memory and mass storage, stressing fast retrieval in libraries and business use. It describes basic computer operations, including registers, memory addresses, and machine instructions, with examples like adding daily sales by transferring values between registers and memory. It mentions D-type flip flops, toggling, and the role of higher level languages in guiding these low level steps.
BHP and Monsanto Eye Styrene Monomer Plant in Victoria
Broken Hill Proprietary Co and Monsanto Australia plan a study to build a styrene monomer plant in Victoria using mini em technology. Initial outlay around 20 million dollars, production about 16 000 tonnes yearly, feeding from BHP steelworks plus ethane and Bass Strait natural gas. If viable, plant could start in 1976, boosting plastics chemistry for Monsanto and related firms.
MENTIONED IN THIS ARTICLE
Broken Hill Proprietary Co Ltd
Monsanto Australia Ltd
Victoria
BHP
Bass Strait
Holders Rise Fourth Week as RBI Gold Reserves Climb
The Reserve Bank reports its holdings of gold and foreign exchange increased for the fourth straight week, reaching 33,944.4 million after a $23.4 million rise in the week ended May 27. With gains totaling over $4 million in May, analysts expect a renewed net capital inflow.
MENTIONED IN THIS ARTICLE
Reserve Bank
Cambridge Issue Details for Credit Corporation Notes
Cambridge Credit Corporation will issue a new 1007 secured note with a top rate and currency units unspecified. The proposal outlines terms spanning three years and two years with unclear renewal options. The readable fragments reference weighty figures but lack coherent dates, amounts, or credible financial details.
MENTIONED IN THIS ARTICLE
Cambridge Credit Corporation
Travelodge franchise plan aims to sell name and franchise motels
Travelodge Australia Ltd announced a franchising program to offer managerial know how to Australia and South East Asia. Alr Avon Greenway, chairman and managing director, said the group may sell some motels and franchise them back. Travelodge operates 75 motels across Australia New Zealand Finland and New Guinea with most franchises expected from mid tier motel operators. Minimum fee is 100 dollars per unit. first year fees projected at 940,000 with growth expected in future years.
MENTIONED IN THIS ARTICLE
Australa
Asis
Travelmipe
Soups
Alr
Avon Greenway
Greenway
Stoup
Travelodge
Australia
New Zealand
Fin
New Guinea
Bow
Imedium Sivel
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