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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Oct 01, 1976

Page

5

IAC report signals higher oil pricing structure in Australia

The Industries Assist ance Commission completed a three month inquiry and is expected to recommend an increase in Australia Indigenous crude oil pricing. Government and industry circles share the view that pricing will affect both already found and yet to produce fields. Import parity prices for new wells are promised, and the report due within a week may shape ongoing oil field development according to Deputy Prime Minister Anthony.

The Industries Assistance Commission Australia

Australian share outlook seen as more stable by stock exchange chair

The Sydney Stock Exchange chair John Walder said in the exchange annual report that the outlook for Australian share markets was probably more stable than at any time in the past eight or nine years.

Sydney Stock Exchange Ltd John Walder

IBM earns 4.4 million as TBM Australia profit surges

IBM TBM Australia reports a 425.6 percent profit rise to 4.4 million for six months ending June 30 on a 100.8 percent sales gain to 57 million. Dividends to its parent climb to 1.9 million from 954,000. Tax, depreciation, and interest figures are noted amid a broader market improvement.

TBM Australia Ltd IBM

Shares Indices Report From Overseas Statex Actuaries

Overseas Statex actuaries report dated 29 September lists stock indices including Five and 5/99 ae and notes values such as 11994.94 for Jones and other figures like 34 beet and 28 Five. The brief tabulation reflects early market activity and price references across multiple entities.

Last Sydney Share Sales and Options Industrial Metals

A flood of figures shows last Sydney share sales and options across industrials, mining, and related firms. The list names ANZ, BHP, CBA, Coles, Wesfarmers, and others with closing prices, forwards, and buy prices in pence or pounds, reflecting a volatile market with high activity in mining and metals stocks.

H C Sleigh in Recovery Report on Near Record Profit

H C Sleigh Ltd distributors of Golden Fleece petrol report year to June 30 with net earnings of 45.42 million dollars, gross sales 256 million, just under prior 257 million, and a final dividend of 2.5 cents per share. Tax provision rose to 2.44 million, depreciation 0.617 million, interest expense 5.25 million, extraordinary loss 2.74 million.

Poseidon Industf Ajrang Thani Bell Graoe Wall Pisa Marie Ion Mannot el Bertin Chatham Wisga Ely Camaea Ile O& Bia Aibedi Corbey Neghaten Selim Yao Lotus Crete Wr Corp Avaie Denrey Detiece Rania Dwyess Timmons Eacom Ike Fratenn Wess Rees Feenstra Apiaa Prom — Bey Dean Armee Whear H. C. Sleigh Ltd 2C A Soc Willon

Pound Steadies in Thin Opening London Trading

The pound steadied around 1.6650 to the dollar and 3.432 on the London FX market amid light early trade. Dealers cited yesterday's rally fading after the chancellor said no major policy changes, with a 240 million Iran loan giving a small lift. Labor tensions and Ford unrest in Die Ernbeatny added lingering market nerves.

London London Foreign Exchange Tate Mr Healey Britain

Weather bulletin from Australia reports troughs and highs

A trough of low pressure remains offshore south east of Australia with a high centered at the head of the Bight. Another high covers much of the Tasman Sea. The trough and high are expected to shift slowly eastward and weaken. A gradual decline in wind and a mild, unsettled pattern is forecast into the end of the week.

Austalia Tasmania Bight Tasman Judy Bot

Ski Conditions Across Whitrange and Surrounding Areas

Weather report notes patchy spring snow across Wharton Pas, Valley regions, and Mt Perisher chairlift areas with partial closures at Seulazin Hole. Roads open, lifts operating, and forecasts indicate mild southerly coastal conditions with variable winds and possible showers.

Feraher Preity Valley Incor Mt Perisher Seulazin Hole Akbers Tobemmantatn Middle Sta- Hen Kareela Basin Crickenback Smirgin Guihega Eiope

Road tax evasion could force transport carriers out

The Australian Real Transport Federation leader P R Field warned that evasion of road maintenance tax by hauliers is driving carriers paying the tax toward closure. He urged repealing the Maintenance Contribution Acts, called for legal challenges to the Acts, and proposed considering fuel excise as non alternative to curb evasion.

Australian Real Transport Federaten P. R. Field

Wheat forecast lifted again by Australian Wheat Board

The Australian Wheat Board lifted its 1976-77 crop forecast to about 14.4 million tonnes from an earlier estimate. The revision followed improved rainfall in Western Australia and Queensland wheat belts in September, though Victoria and South Australia faced drought. The board’s forecast remains well above the 12.02 million tonnes harvested in 1975-76.

The Australian Wheat Board Oan AK Western Australian Queensland Victoria South Austin Lowe Liv

Also Mentioned on This Page

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