Wider powers to Commonwealth over Australian corporations
The High Court struck down the Trade Practices Act but opened the path for broad Commonwealth control of companies. It signaled possible uniform national legislation and a supervisory framework like a Securities and Exchange Commission. The ruling, hailed by opponents as pivotal, may enable redrafting to fit constitutional interpretation.
MENTIONED IN THIS ARTICLE
Commonwealth
Australia
Securities and Exchange Commission
Wool sales in Australia continue with fewer bales
In Sydney and other centers Wool Sales will run with offerings cut from 190000 to about 150000 bales. Acting chairman W J Vines said 41000 bales were withdrawn from reserves and buyers would not suffer. Trade reports cite improved demand and prices barely holding July levels, with overseas buyers steady. Sales continue in Sydney Adelaide Albany Melbourne Fremantle Brisbane reduced to three days.
MENTIONED IN THIS ARTICLE
Sydney
Australia
Australian Wool Commission
W. J. Vines
Vines
Adelaide
Albany
Melbourne
Brisbane
Japan
Continent
Buying policy criticised by wool committee
MELBOURNE Friday The Wool Commissions buying policy has been criticised by the Committee for the Retention and Improvement of the Free Wool Market. In a telegram to Prime Minister McMahon the committee said continuation of current policy would be regarded with the greatest apprehension by the entire wool industry. Before this week's opening sales market prices were expected lower than June close. Despite indications the commission operated aggressively on opening day and would continue to pursue this action, denying wool to trade.
MENTIONED IN THIS ARTICLE
Melbourne
Committee
McMahon
Commission
Fire causes boy’s severe burns in kerosene heater blast
A young boy sustained severe burns after a kerosene heater exploded, investigators believe. The incident occurred as fire spread through a residence, with authorities noting the incident is still under inquiry and details remain preliminary.
Big Four sign Berlin agreement
Ambassadors from the United States Soviet Union Britain and France sign the first postwar Berlin accord in West Berlin the 32nd anniversary of World War I The ceremony at the former allied control council building marks a step to ease East West tensions for 2 million West Berliners The Soviet envoy quips Ende gut alles gut and the pact allows unimpeded land links through East German territory
MENTIONED IN THIS ARTICLE
West Berlin
Aap-Reuter
Berlin
Allied Control ~— Council
United Stats
Soviet Union
Britain
France
West Germany
High Court ruling expands Commonwealth powers over corporations
The 1909 Industrial Court decision was overturned as Attorney General Hughes aimed to broaden the corporate power reach. The High Court majority found against the Commonwealth, citing how the Trade Practices Act was drafted, while signaling possible amendments. Senator Greenwood will review the judgment and report on action to validate the act, with former PM Gorton noting a broader legal shift and potential expansion of regulatory scope beyond trade practices.
MENTIONED IN THIS ARTICLE
High Court
Murphy
Australia
Commonwealth
Sydney
Commonwealth Parliament
Pheh Court
Hughes
Corporation Power
McMahon
Garfield Barwick
Garfield
Senator Greenwood
Prime Min
Delighted senator hails expanded trade practices power
Senator Murphy welcomed the High Court ruling saying it enlarges Commonwealth legislative power and enables direct action on price rigging and other major issues. He noted states and Commonwealth may now cooperate to pass laws, or the Commonwealth could act alone if needed. Professor Richardson called it a technical victory for corporations but acknowledged broader federal powers. Continued on Page 21.
MENTIONED IN THIS ARTICLE
Ter
Gorton
ABC
Creddit
Van
High Court
Wamila
Commonwealth
Australia
Murphy
School of General Studies
The
ANU
J. E. Richardson
Interim Kerr Committee pay rise creates pay squeeze for NCOs
Australian Defence Force pay reforms leave many non commissioned officers with reduced take home pay. Central headquarters at Russell Hill says morale remains intact, but some fear the DFRB scheme will erode future pensions and current wages. The joint select committee led by Mr John Jess weighs reforms to separate the DFRB from actuarial rules, forcing NCOs near 20 years service to choose between pension reductions and lower immediate pay. Continued on Pages 3.
MENTIONED IN THIS ARTICLE
Kerr Committee
Army
John Je
Jess
Justice Kerr
Committee of Inquiry
Inquiry Into Queensland Police Graft Charge
A police inquiry to be held into graft conspiracy and corruption within the Queensland force over massage parlour conduct, with potential move to a Royal Commission. The report notes a broader context of misconduct inquiries and government oversight.
MENTIONED IN THIS ARTICLE
Queensland
Also Mentioned on This Page
High Court Annals
Juliana
Netherlands
Singaradja
Bali
Prince Bernhard
Indonesia
Aap-Ap
David Solomon
Bers
Mr Vines
Bahl Bernt
Bourne
Feu Mowinwit Boy
Big Four
Pyotr Abrasimov
High Court Appeal
Snedden
Greenwood
Sir Garfield Barwick
Mr Gorton
Russell Hill
Most
Qld
BOKS
London
International Institute of Strategic Studies
Bruce Juddery
Department of Education and Science
ANT
Shirley Kral
General Motors - Holden
Chrysler Australia
Darwin
Canberra
Nancy Cato
Maurice Dunlevy
World News
Az Tourist Guide
Aurine
Weetongera
Curtin
Garena Arcade
Canberra Times
Federal Capital Press of Australian Pty Limited
Pirie Street
Fyshwick
Act
Federal Capital Press of Australia Pty Limited
John Fairfax & Sons Limited
Canberra City
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