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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Oct 04, 1974

Page

1

Chinese purged officials restored

Peking dispatch reports the rehabilitation of Hsiao Hua once purged during the Cultural Revolution, identified as former head of the general political department of the armed forces. The move signals a broader restoration trend as about 50 attendees at the 25th anniversary banquet for the People’s Republic are said to benefit from rehabilitation programs.

Peking Me Hsiao Hua Hsiao Hua Rind Great Hall of the People Armed Forces Red Guards People’s Republic “of China

Premier Dunstan withdraws emergency powers bill in SA

The South Australian Premier Dunstan pulled his controversial emergency powers bill amid ALP pressure. He admitted the bill unsafe and said he would not push a state of emergency measure with sweeping powers again. A fuel bill claim noted.

S.A. Bile Adelaide Dunstan ALP

NCDC head warns delays may outweigh scrutiny benefits

Powell warns in a three page report to ministers that public scrutiny of NCDC proposals could slow urban projects. He notes this risks delaying construction and driving up costs, urges balanced public involvement with statutory timelines, citing road and parkway hearings as bottlenecks. The warning accompanies the annual report tabled yesterday.

National Capital Development Commission Powell Commission Urban and Regional Development NCDC Uren House of Representatives Jeiter Lenathens Andh “Ag Matongto Parkway

Besieged prisoners flee in Papua New Guinea clash

In Kundiawa near Chimbu district, about 150 Mone-throwing tribesmen attacked a PNG jail this morning. Police report wards and inmates evacuated as two small clans burned houses and killed livestock before riot police calmed the scene. Prisoners were signed out and guards reinforced. incident reportedly linked to a tribal death earlier in the week.

Port — Moresby Papua New Guinea Highlands Port Moresby Chimbu Kundiawa Sheen

Northumberland Insurance in difficulty amid talks of liquidation

Northumberland Insurance Co Ltd faces financial trouble as general manager W E Thomson confirms ongoing negotiations with accountants solicitors and board members to remove the difficulty. Possible liquidation remains undecided with employees told redundancies may occur. The firm operates in general insurance including motor housing and workers compensation and is linked to Cambridge Credit Corporation which is in receivership. Cambridge Credit shares plunged from 2.9 million to under 249,000 with Northumberland holding about 12 percent of Cambridge Credits ordinary capital.

Sydney Mulinn Northumberland Insurance Co Ltd W. E. Thomson Northmberland Thomson Northumberland Sydney Stock Exchange Cambridge Cambridge Credit

Opium Poppy Planting Resumes in Turkey on southwest plateau

Ankara reports the resumption of opium poppy planting as farmers begin sowing the new crop after a nationwide ban. Some villages started yesterday while licensing lags hinder full scale planting. Turkey notes strict controls and farmers must hand over intact poppy pads rather than extract gum. The move follows economic pressure from lost opium sales and a global medicinal supply shortage.

Ankara Turkey Anatolian Pordy Ecevit

NSW Officials Resume North Western Freeway Negotiations

Mr Uren announced that acting Local Government and Highways Minister Mr Purch approved resumption of talks on the North Western Freeway. The planned route through Ultima in Sydney sparked clashes with protesters over house demolitions while officials voiced concerns about elevated roadways and policy shifts affecting freeway completion.

Uren Nsw Mr Purch Ultima Sydney Tig Purch

Move to ease credit and guarantee deposits amid liquidity efforts

The Government moved to ease credit and guaranteed deposits in building societies and others deemed responsible. Acting Prime Minister Cairns postponed a China visit over service uniform rules while Hayden pledged liquidity support and reduced short term Treasury note yields to attract funds. The Reserve Bank coordinated with banks to meet essential liquidity needs and consider finance requests.

Dr Cairns China RAAF Hayden Geilds Treasury Cairns

Cairns denies rumours on building societies crisis

At a press conference Dr Cairns dismissed rumours about problems with building societies in Brisbane and Adelaide as irresponsible. He said the Australian financial system is sound and urged the press not to create panic. No further action was needed, though later talk of a China visit postponement and liquidity steps surfaced amid ongoing market anxiety. In Adelaide an emergency parliamentary sitting was called to address Hindmarsh Building Society concerns after large withdrawals. Brisbane saw additional mass withdrawals while officials claimed Queensland societies remained sound and trusted. Sydney noted NSW building societies disputing imminent collapse and asserting stronger finances than months earlier.

Brisbane Adelaide Cairns Cass Wout Ef Hayden Supe China Eorly Cxirns Chu Hey Hayden Uren Connor Murphy Whitlam Eprly Australia de Calcns Sa Country Party Sinclair Hindmarsh Building Society Martin Sydney Nsw Tast Crowth

ACT building societies and Credit Unions Sound

The Registrar of Cooperatives in the ACT stated that building societies and credit unions in the ACT are in sound financial condition and safe for savings. Spokesmen reported strong liquidity with deposits exceeding withdrawals, noting normal daily activity and high liquidity across Civic Permanent Building Society, Canberra Cooperative Permanent Building Society, and other ACT bodies. Government officials said deposits remained substantial with continued lending, while assets surpassed $84 million and trustee securities totalled $9.8 million at year-end September.

Douglas Civic Co-operative Permanent Building Society Ltd J. Kirby Hiberm Co-operative Permanent Building Vestment Society ACT Me Bryant Canberra Civic Permanent Tad Meme Bers

Jobless rise to 121000 in September totals

Unemployment registered with the Commonwealth Employment Service increased in September by about 13,800 to 121,000. The figure, about 2.04 per cent of the workforce, accompanied a fall in unfilled vacancies by about 2,400. Regional variation noted with rises in all states except Western Australia. NSW and Victoria saw the most significant urban increases. Seasonal factors suggest an overall rise of about 18,500 unemployed excluding school leavers, with unfilled vacancies down about 7,000. Previous September totals were 62,919 in 1973 and 63,679 in 1972.

Commonwealth Employment Service Labor Cameron Western Australia Tasmania Nsw Victorian

Unclear OCR Sawmill Labor Protest Mentioned

Fragmentary report notes labor actions at MBER nelands Sawmills with a 20 percent wage issue and a protest involving boxers. No clear names dates or locations readable. appears to reference wage disputes and labor tension discussed yesterday on page 13.

Also Mentioned on This Page

Burnie Street Phillip David Bonavia Lin Piao Teneg Hsiao-Ping Times AAP Annual Report By Bruce Wright Powells Cambridge Credit Corporation R. K. Hutcheson Gay Davidson de Cairns Peoples Republic of ‘China Defence Barnard Jom Mi ‘Chu Per Nel Tere Eric Walsh Gere SA Society Dunsum Hte Building Society Society B. L. Martin Tate Hodges Queensto Hindmarsh Ibuilding Society Adenyas Gram ACT Building Societies Credit Unions ‘Sound Kirby Iss Mainline of Thierstate Permanent Co-operative Building Society Lid Tony O'Leary Austraia Frank Cransina Maurice Dunlevy Bakunin Anthony Masters Murray Sutterland Mbernelands Sawmills Ladie Ils Woden Plaza Stuer Canberra Times Feserel Capital Press of Australia Pirie Street Fyshwick Iaiishers Federal Capital Press Austelia P'Ulnutad John Felrrax A Sons ‘Limited Podox Canberra City Asooes Postiniz Sekaper Dana
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