Anthony warns on exports amid tougher 1970 environment
Australia’s Trade and Industry Minister Anthony warned against complacency in exports at an Export Development Council dinner in Canberra. He stressed continuing concern for export earnings to support the balance of payments, noting 1970–71 current payments showed deficits despite capital inflows. He forecast a harsher, more competitive global trade scene in the 1970s with expanding trading blocs reshaping destinations and growth for Australia’s exports.
MENTIONED IN THIS ARTICLE
Dendy
Anthony Wat Apeske Jou
Export Development Council
oMritbane
Can
Berra
Australia
Tieance Lew
Royalticnet
Anthony
Austlia
Building society manager named as new head
Building society announces appointment of a new manager following the retirement of Mr R. Pye. The incoming executive, previously with a Sydney merchant bank and two major trading banks, expresses strong optimism about continued growth in the industry and the society's future prospects.
MENTIONED IN THIS ARTICLE
Interstate Permanent Co
Fe Building Society Ltd
R. Pye
Bastian
Sydney
Maanan
Building
ACT
Bank of Japan Intervenes as Yen Plunges Toward 6 Percent
Tokyo reports say the Bank of Japan dumped large sums of US dollars to halt yen depreciation, selling about 22 million dollars at around 118 per dollar to defend the currency. Banks stepped up dollar selling as Finance Minister Miki urged responsible action before the IMF meeting at month end.
MENTIONED IN THIS ARTICLE
Tokyo
Thunday Aap - Reuter
Bank of Tapan
M Miki
Gates
Tapan
Alcoa Australia Announces Smelter Cutback
Alcoa of Australia Ltd said yesterday it would cut about 15 percent of smelter production at its Gee ties works due to weak world market demand. Chairman Sir James Forrest noted the cutback would take effect from September 13 and reduce annual capacity accordingly.
MENTIONED IN THIS ARTICLE
Alcoa of Australia Ltd
Ite Intenry Works
Gee“Tie
James Forrent
Government accused over inaction in Australia aid push
Canberra reports that the Avatealian Government faced criticism from the Australian Industries Development Association in its September newsletter. The group alleged the government exhorted others to act while taking no action itself, claiming officials offered weak moves and failed to provide sufficient measures.
MENTIONED IN THIS ARTICLE
Canberra
Australian Industries Development
Syat Tg
Tha
C U B In Club Brewery tops $10m profit for year
Carlton and United Breweries Ltd reports group net profit exceeding 10 million for the year to June 30, aided by higher sales from a warm Victorian summer. The parent company earned 4.92 million after tax and depreciation, with a steady 43 percent dividend.
MENTIONED IN THIS ARTICLE
Carlton and
United Breweries Ltd
Hay
Semch
Thom
July 1970 Australia motor vehicle registrations record
Preliminary figures from the Statistics Bureau show July registrations of 46,26 new old vehicles in Australia. The record high was 40,436 in April 1970, with March’s 43,749 and June’s 42,989 also noted. In the ACT during July, 6A new motor vehicles and 47 new motorcycles were registered, with a slight drop from June figures.
MENTIONED IN THIS ARTICLE
Statisics Bureau
July retail sales rise to record seasonally adjusted level
Retail sales in July totaled 785 million, up from 756 million in June and 723.8 million in the previous July. Seasonally adjusted July sales reached 802.4 million, beating June and earlier months, with motor vehicles, parts and petrol included in the figures.
MENTIONED IN THIS ARTICLE
Jane
Asley
Shares Sold By Cohn Bros In Undisclosed Carriton Sale
Cohn Bros Ltd sold 2 shares in Carriton and United Breweries Ltd to an undisclosed number of buyers. Cohn Reos, former major shareholder in CUB, was taken over last month after a protracted dispute. Peter Hutchins, director of Land J, said the shares traded at 3.50 each. Official Melbourne Stock Exchange turnover for CUB was 929,545 units. Earlier, in June, before the takeover, 300,000 CUB shares were sold at a satisfactory price. Colin Brow’s remaining 1,359,039 CUB shares were cited as the company’s main asset.
MENTIONED IN THIS ARTICLE
Cohn Bros Ltd
Bendigo
Carriton and
United Breweries Ltd
Cohn Reos
CUB
Melbourne Busi Land 1 Pry Ltd
Peter Hutchins
Land J
Melbourne
Cohn
1 Sirectors
Colin Brow
Hibernian Co operative Permanent Building Investment Society Formed
The Hibernian Co operative Permanent Building Investment Society Limited was announced by secretary B C Thornton. Directors include J J O Neill chair, J H Pend, F Byrnes, A Hastings and M Be. The society commences operations next Monday September 6 1971 and will receive support from the Hibernian Catholic Benefit Society of NSW.
MENTIONED IN THIS ARTICLE
Hibernian Co-operative Permanent Building
Investment Society (Act) Ltd
B.C. Thornton
Tondon Mete
Fom Alst Neve
Grote J. J. O
Fowetinn
Hibernian
Trlasian Catholic Benefit Society of Nsw
McPherson firm’s costs rise and profits dip
The report shows general charges, cost of goods sold, wages, and salaries increasing to 545.6 million in 1971 from 476.7 million. Net profit falls from 2,606,361 to 2,240,148 while the dividend stays at 8.25 percent with a final 4.5 percent. Depreciation and investment income are noted, and parent company costs appear to drive the rise.
MENTIONED IN THIS ARTICLE
Felix Mary
Jenny Bink Celebrates with Friends and Family
A brief note of congratulations from Harry Diane Sandra Pant and Alfı to Jenny Bink on her milestone with warm wishes and affection from closeriends and family.
MENTIONED IN THIS ARTICLE
Bink
Jenny
Ist
Harry
Diane
Sandra
Pant
Alfi
Also Mentioned on This Page
Owt
Fsa Ai
Itas
Eunerdiy
Sean Santa Pine
Mr Bastian
Building Society Manager
Alcoa
Lake Credits Secree
C.U.B
Edward Cohen
London
New Society Registered
Erie
TU al
Keith J. McDowall
Palmer College
LIGA
Theodore Street Curtin
Australiana ‘Quropractors Aa
Barry
Drive Turner Finer
Mumter
South
Marton House
SE Leete
Manuka Centre
Civics
Joe Percom
Ingle
Don
Nic
Bry Plesant Angel
Moktllop and CO Pty
Ciy- Howe Aimlie
Repos
Campbeliz
Fats, Cine
McPherson
Steret
Wm Ingenion
Discim Si Sante Hoc Ra San
Enim
the Home of Fine Printing
Newcastle & Pirie Streets
Fyshwick
Federal Capital Press
Judy
Fmn
Joan
Helen
Donte
Lenny
Wraben
Congrails
Low
Ett
Wishey
Enfog
Hobos
Sue
Chitcolar
Casey
Ethel
Ify G. B. Hurdhar
Gari
Norwood Park
Waston
Caner Ave
Kingston
Packham
Darcy
Fia
Tam
Malomf
Mr E Muit
Fovestina Pathy
Weston
New
Tarre
Queanbeyan
T. E. Woodger and Sons
Monaro St
Watson
Beming
Red Hull
Doe
Garran
Asctive
RED Milt
Thetis Real Estate Pty Ltd
Thelit Court
Manuka
Campbell
Doyle L.3. Hooker
Northbourne Avenue
Cantera City
Mhene
Braddon
AMIE
Scott's Realty Pry
Maitland Brave
Canberra City
Loemied Ageit
Pavesi Group
Logan A Eee Ladies
Plaza Plans
N ‘Western Wilson
Toachiver
Ing Inne
Shemed “Agen
Pont Preus Sant
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