Waterside Workers blamed for few port delays says Eaton
Melbourne remarks by R W Eaton at a conference claim Waterside Workers Federation causes less than five percent of industrial trouble at terminals. He cites 50 percent slower unloads in Australia versus overseas, noting delays often stem from non waterfront strikes and other unions. He praises WWE terminals for responsible performance and says electricians and maintenance workers can halt operations if they strike.
MENTIONED IN THIS ARTICLE
Overseas Containers Australiaty Ltd
R. W. Eaton
Melbourne
Australia
Waterside Workers Federation
WWE
Sydney
Printing and Kindred Industries Union
Know Af
P.ki.u
Industrial Commission
P.k.lu
Combined Unions Committee
Real farm incomes to decline in current year
The report states farm incomes are set to fall by about 10 percent to $1,140 million as lower gross returns meet higher costs. Income per farm is estimated at $6,548, with inflation-adjusted income about 36 percent lower than the prior year, per the BAE Trends in Australian agricultural commodities report.
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Burea of Agricultural Economics
BAE Trends
Australan
Australia
Nsw
Reef
Japan
North America
Bross
Sydney
Melbourne
Sun-Herald
Canberra Times
Illawarra Mercury
Herald
The
Sun
Mirror
Canberra
Robert Woodward
el Alamein
Kings Cross
Sungravure Pty Ltd
Fairfax Group
Blue Metal Industries Limited
Blue Metal Industres Limited
Sydney Stock Exchange Limited
Stockhe
Spm
Hock Exchange Willl
Money volume up 13 percent to September, RBI reports
The Reserve Bank shows money broadly defined rose 13 percent over the year to September on a seasonally adjusted basis. The September quarter implies an 18 percent annual rate, but seasonal adjustments may overstate results. Cash and deposits surged while savings and farm costs shift under drought and farm income pressures.
MENTIONED IN THIS ARTICLE
Reserve Bank
Savings Bank
US beef quotas kept under Ford plan announced
The US Agriculture Department set new mandatory beef quotas for imports. Australia would receive 297 million kilograms under the allocations, with New Zealand allocations similar to prior arrangements. The rule counts processed meat from a Puerto Rican plant against the original nation’s allocation starting today.
MENTIONED IN THIS ARTICLE
Washington
US Agriculture Department
Ford
Associated Press
New Zealand
Agriculture Department
Australia
Burns Philp reports 4.3% fall in year earnings
Burns Philp and Co reports a 4.3 percent drop in earnings for the year to June 30, citing lower plantation copra prices and higher costs. Consolidated operating profit falls to 7.5 million from 7.8 million, with last six months down 69 percent to 3 million amid weak Papuan Seow Guinea operations and PNG cost pressures. Directors note gains in Berk subsidiary and South Sea operations, while Australian profit share rises to 4 percent from 38 percent last year.
MENTIONED IN THIS ARTICLE
The
Sun
Sun-Herald
Burns, Philp
Covid
Ishantis
PNG
New Hebrides
Bra Berk
South Sea
A. J. Chown
Burns Philp
Australia
A. J. Thown
Northern Builders
Yellcken Ghiss Industries Ltd
Burns Philp Finance
Burns Philips
Mates
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