Whitlam outlines five point plan for Australian resources
In a Tokyo briefing Mr Whitlam and the Australian Government press a five point policy to boost Australian ownership in mineral development. The plan seeks fair world prices, access to technology, overseas loans, and equity via the Australian Industry Development Corporation while preserving Aboriginal lands and avoiding blanket restrictions.
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Whitlam
Australian Industry Development Corporation
Austalan Equity
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Somme
Whitlam hints at joint Australia Japan treaty during visit
Australian Prime Minister Whitlam says a treaty framework is needed to formalize economic cooperation and friendship with Japan. He urges an early agreement on principles and cooperation, aiming for a comprehensive pact during the current visit, to guide future trade and investment between the nations.
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Japan
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Australia
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Investment bans announced Contined From Fags 1
Government outlines planned investment bans to shape overseas participation in Australian mining. It notes areas where foreign and Australian investors may collaborate, with emphasis on uranium and mineral exploration. The plan allows for varying Australian ownership to sustain exploration activity and development of deposits.
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Australia
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Pacipation
Avonfy Tragic Death From Fan Blade Mishap
Raymond McAviney of Kingygrove was killed instantly when a motor-sar engine fan blade broke off and slashed his throat as he checked the engine at the Neverly Hilly Bowling Club last night. Local authorities investigated the freak accident.
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Raymond McAviney AQ
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Defence committee warns of limited threats to Australia
The mediate neighbourhood view, North-East Asia is more influential than South-East Asia. Great-power rivalry persists, but no direct attack on Australia is seen soon. The committee urges timely buildup of defence and monitoring of capabilities, with nuclear threats avoided.
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Must Play Our Part In Prime Minister’s Call
In a national address the premier urges citizens to fulfill duties expected of them. He emphasizes unity and responsibility as the country faces pressing challenges.
Market Uptrend Persists in Mixed Stock Movements
Market continued its upward tilt with gains in mining and banking issues while several industrials and retailers posted modest advances. notable movers included NSW Bank shares, Melbourne brewer Cortes, Carlton and United, and Coles, with mixed activity across miners and commodities and a cautious overall tone.
Market Ticker: Uranium Stocks Mixed Amid Small Gains
CRA held steady as Rathiews and Quermland rose slightly in the uranium sector with Quermland up and Rathtees holding. Western Mining Wyre advanced to 1.51 while Greet Toulder gained modestly and Paseidian jumped to 107 55. Oil shares saw Woodside Burma firm at 16 51.30 with Auwpot Exploration and Beever improving.
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Rathtees
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Quermland
Greet Toulder
Paseidian
Woodside
Burma
Auwpot Exploration
Beever
Melbourne Share Price Indices Report Markets Edge
In Melbourne investors watched Melbourne share price indices show modest gains as trading opened on Saturday. Analysts cited mixed economic signals and cautious sentiment ahead of key regional data releases. Local brokers noted cautious buying in financials and mining sectors amid uncertain global cues.
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