Australia reveals foreign investment policy aims in Japan
Prime Minister Whitlam told Japanese ministers that Australia will ban foreign shareholdings in new uranium oil natural gas and black coal development programs and restrict foreign investment in insurance non banking finance real estate and some banks while welcoming joint ventures in minerals and industrial projects. He stressed mining may include foreign equity where negotiated project by project.
MENTIONED IN THIS ARTICLE
Tokyo
Whitlam
Japan
Mr Whitlam
Crean
Australia
Mr Whitlan
Defence chiefs warn of future threat to Australia
Defence advisers warned Parliament that Australia cannot rely on lasting international stability and absence of threats. In a major speech to the RSL congress, Defence Minister Barnard quoted the Defence Committee analyses noting Australia's security despite its remoteness. The committee warned of a transitional era with uncertainties about future order and dangers of nuclear proliferation. It cited shifts in global economics and technology, stressing dependence on raw materials and uninterrupted trade flows while urging peaceful problem solving. Continued on Page 12.
MENTIONED IN THIS ARTICLE
Australia
Barnard
RSL
Perth
Defence Committee
Canberra
Western
Europe
Japan
North America
Sweden
Fones
Everest Peak First Ascent Report by Nepal Fore
A Japanese climber reached the summit of Mount Everest in the autumn Himalayan season, marking the first conquest of the world’s tallest peak. The Nepal Frontier reports the ascent as a milestone in the challenging mountaineering year.
MENTIONED IN THIS ARTICLE
Mount
Iver
Himalaya
Nepal
UN forces establish posts in Suez under UN flag
In Cairo the UN said its first peacekeeping elements entered Suez and set up observation posts between Egyptian and Israeli forces. The plan envisions 10 to 15 contributing countries with costs around 530 million dollars for six months. Beirut reports say US and Soviet agree on a Palestinian state solution including Gaza West Bank and East Jerusalem.
MENTIONED IN THIS ARTICLE
Cairo
United Nations
Suez
Associated Press
Beirut
United States
Soviet Union
Gaza
Jordan West Bank
Jerusalem
Middle East
An Nahar
Israel
Interstate car checks urged to curb enterance
Melbourne reports that interstate motorists may face entry limits to ACT and NSW unless their vehicles pass annual road worthiness checks. Minister James cites ACT data showing about 25 percent of inspected cars fail brakes headlights tires steering or suspension.
MENTIONED IN THIS ARTICLE
Melbourne
Act
Nsw
Transpark
James
Sai
Jones
Society of Automotive Engineers
Canberra housing project lags as target looms
City reporter Bruce Wright notes government housing in Canberra is behind schedule and will need more than double the current pace to hit the fiscal year goal of 1,500 dwelling units. Contractors and council discuss measures to accelerate delivery amid disrupted progress and unclear milestones.
MENTIONED IN THIS ARTICLE
Canberra
Motioes Caueiailoe
Divorce legislation proposed by Attorney and Senator Murphy
A proposed divorce bill would create Australia-wide legal cost scales. It aims to reform costs against the asking party and outlines present practice. The move is supported by Attorney General Murphy and is under discussion with lawmakers.
MENTIONED IN THIS ARTICLE
Peete Searce
Senator Murphy
Fadee Paenees
Whitlam urges tighter foreign ownership of Australian resources
In speeches in Japan Opposition support for restricting foreign ownership of Australian resources grows, with Whitlam outlining aims to ensure Australian control in uranium energy projects and seeking overseas participation via technology, loans, and long term contracts. Ministers Cairns Crean Wriedt and Connor support the policy details.
MENTIONED IN THIS ARTICLE
Whitlam
Cairns
Crean
Minerals
Enerev
Connor
Wriedt
Australia
Pontereas
Substantive Japan Australia talks raise hopes of treaty
The Japan Australia ministerial talks show notable progress and substance, with Whitlam signaling new foreign investment policies. Ministers expect easier path to a commercial and broader treaty, while discussions cover inflation, currency shifts, and overseas investment roles.
MENTIONED IN THIS ARTICLE
Whitlam
Ohira
Joint inquiry on wool gains limited clarity
A weekend meeting between leaders of the Japanese wool industry and a delegation centered on the wool trade, but details remain unclear. The discussion touched on production, export dynamics, and ongoing industry concerns without concrete conclusions.
Hawke seeks economic body
Mr Hawke urged the creation of an economic body last night. Deputy President J. E. Isaac commented that stakes sometimes provide a solution to industrial problems. Details span pages 3 and 5 with references to Watergate investigations and other items on pages 12 13 14 15 16.
MENTIONED IN THIS ARTICLE
Mr Hawke
Arbitratios 5
J. E. Isaac
Watergat
Gale Investigations
Dorothy Parker collection to be reviewed Friday
Maurice Duntevy will comment on The Collected Dorothy Parker in the book review pages on Friday. Order your copy now.
MENTIONED IN THIS ARTICLE
Damon Sil Ree
Maurice Duntevy
Dorothy Parker
Also Mentioned on This Page
Senator Wriedt
Mr Crean
David Solomon
Tralian
Defence and Aviation Correspondent
Ussr
Pte 3Ar
UNITED _ NATIONS
Egypt
Chicago Daily News
John Scali
Jacob Malik
Saturda
Canada
Ireland
Finland
Cyprus
By Bruce Wright
Bne
Jaeger
Pes
Obara
AIDC
Colossus
Dr Cairns
Genster Wriedt
Hawke
Life Style Wheels Entertainment
Talking Point
Geminesse
Mario Alfieri
D.j’s