Devaluation shocks hit Australia and New Zealand
A weekend devaluation of the Australian dollar by 175 percent sparked large shifts in import prices and foreign exchange. New Zealand followed with a 12.7 to 7 percent adjustment, while high-level officials warned of inflation and urged restraint on wage costs and imports. Prime Minister Fraser and Treasurer Lynch faced questions over future policy and potential tariff steps.
MENTIONED IN THIS ARTICLE
Australia
Popust New Guinea Bag
Devalue
Fraser
Lynch
Jose
Rae
Arbitration Commission
Indoy Shi
Canberra
Treasury and
Freserve
Mc Fraser Iid
Boin
MT Fraser
Wantworth
Nsw
Wellington
New Zealand
Muldoon
Winges
St. Wook
Local teen drowns at Coppins Crossing
A teenage boy drowned while swimming at Coppins Crossing late yesterday afternoon. Authorities withheld his name as relatives were notified and a police investigation began.
MENTIONED IN THIS ARTICLE
Tay
Coppins Crossing
Market gains after Australian dollar devaluation shocks Melbourne
Market levels rise in Melbourne and Sydney as the Australian dollar devalues. Observers note a rapid response after a weak week, with exporters and resource groups optimistic. Leading stocks such as BHP climb, and the market shows renewed interest in US-dollar terms.
MENTIONED IN THIS ARTICLE
Australia
Melbourne
Sydney
Yasterday
Utah
Industh Bhp
Siu Nse
Bill Enables Dismissal of Public Servants Under New Bill
The government plans a bill to make public servants dismissible in the interests of efficiency. It will precede staff ceilings and retains safeguards from the Public Service Act. The bill shifts dismissal discretion to permanent heads, with management retirement to be handled by the Public Service Board to protect union confidence.
MENTIONED IN THIS ARTICLE
Fraser
Public Service Board
Alice
Melbourne
Office of Parliamentary Counsel
Kraser
Nis
Buda
Wilthie Service Act
Telecommunications ‘Commissions
Wie
Public Service
Munro
Unm Te Plesenjouwes
Melbourne meeting weighs public service compensation plan
At a Melbourne meeting the board discussed compensation for public servants under a new bill. Proposals included a midlevel pension payout and years of salary for each year of service, but critics warned the plan ignores the recent Taylor redundancy decision and relies on management discretion without clear appellate or grievance structures.
MENTIONED IN THIS ARTICLE
Melbourne
Ders
Council of Australian Government Employees Organisations
Paul Munro
Tee
CAGED
Public Service
Taylor
Rourney
Pang
ACT Division
CAGEO
Alan Evans
Printers Resume After Canberra Times Strike
Printers returned to work after a stoppage halted The Canberra Times on Saturday and Sunday. Commissioner Taylor’s recommendations prompted the resumption as production manager Ken Kennedy moved to Sydney, amid union concerns over the transfer and timing of industrial action.
MENTIONED IN THIS ARTICLE
Canberra Times
Yoy
Comalveinon and Arbitration
Ken Kennedy
Sydney
Kennedy
Starr Bruton
Sydney Rr Herald
Taylor
Cupleu
Alist
Stall
Sydney Marayoy Herald
Benox Duy
Sydney Morning Herald
Sunita
Arbitration Commission
Turkeys Earthquake Toll and Train Crash Reports Surface
A scrambled newspaper snippet reports a Turkey earthquake last week with casualties and a separate train derailment near Mumibasyi Nairobi causing multiple deaths and injuries. Conflicting Kenyan tolls and other pages note crimes and local incidents including a kidnapping claim in Adelaide and a Berry hotel incident near Swan Hill.
MENTIONED IN THIS ARTICLE
Airdhl
Mumibasyi
Nairobi
Kenya
Agence
France: Presse
Cabinet deepens split over river tower plan in Melbourne
Melbourne Monday the Victorian Cabinet rejected the ALP and Trades Hall Council backed restoration proposal to end the deadlock on the war tower project.
MENTIONED IN THIS ARTICLE
Melbourne
Dtsne
Taeward
ALP
Trades Hall
Conunil
Wwewpory
Statin
Also Mentioned on This Page
Armata
Alice Springs
Bishop
Claire
Kilty Munaly
Army
Commonwealth Departiment of Health
Ile
Guy Davidson
Me Lynch
Satay
Reserve Bank
Teyneh
Thain Carters
Editoria
Ir Lynch
Tate News
Methourne
Murtro
Whalever
Coombs
Dismian
Hrimting and
Ryndrot Industries Union
Ae Sluoouge
Irae Tau
Union
Thunoerru Times
Act
PKIU
S Jordin
Wiffer Pei
Turkey
Mark
Mark Oliphant SA
Strerann
Eden Eden
Artur Gray
Ehomitous Gulf
Wheels
Atv
Rudin
Crowwurd
Wort News
Adelaide
Nesax
Mutsy Rover
Swan Hill Vitus
Phillip
Robert Jackwin
Loxton
Berry
Kylomen
Avfelside
Federated Liquor Trades Employeer Union
Verve Thing
Juan
David Jones
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