Overdraft rules tighten as Commonwealth Bank policy outlined
In a first policy statement since his appointment Dr A C Coombs announced strict overdraft conditions to guide trading banks under the 1945 act. The Commonwealth Bank and other financial institutions face a tightening regime, with guidance sought from the Commonwealth Bank on advancing policies amid inflation and economic strain.
MENTIONED IN THIS ARTICLE
Commonwealth Bank Control
Parera
Hias Bank
A. C. Coombs
Financial Institut Im Australia
Federal Cabinet debates limits on ballots in union elections
The May 17 NBERRA report notes the Federal Cabinet did not reach a definite decision but agreed it could not push beyond certain limits in legislating to ensure clean ballots in union elections. The fragmented text references officials, committees, and the broader political context without detailing specific actions or dates.
MENTIONED IN THIS ARTICLE
Nberra
Federal Cabinnet Today
Tadhly
Unions to Give Pledges Melbourne May 17 1944
Acting Chief Judge Kelly directed the Australian Council of Trade Unions to obtain assurances from unions in the 410 basic wage claim that they have confidence in arbitration and proper means of settling the case. The court adjourned with officials promising to return tomorrow for further action as the tornado damage and other local disruptions were noted.
MENTIONED IN THIS ARTICLE
Melbourne
Kelly
Australian Council of Trade Unions Today
Stolen Registered Letters Reported in City
A chaotic OCR fragment references stolen registered letters and mentions clerks, postal figures, and a list of names and places. The dull, garbled text implies a police or postal notice about theft of registered mail, with scattered references to dates, names, and locations.
Sydney Faces Bleak Winter And Power Shortages
A garbled despatch indicates Sydney plans to tighten industrial and domestic power regulations as winter nears. The report notes potential outages and strain on electricity supply with industrial and commercial sectors watching closely for action.
British Food Minister Moves to Expand Meat Ration
In Parliament, Food Minister Strachey announced increased carcase meat stocks allow substituting 2d worth of carcase meat for 2d of canned corned meat, tightening ration impact as wartime shortages press. Reports from London also note wider trade and supply concerns affecting civilian diets amid ongoing global tensions.
MENTIONED IN THIS ARTICLE
Ondon
Mr. Strachey
House of Commons
Missions Saved 750 Aborigines
Aborigine missions recounts a program saving about 750 individuals. The record notes reestablishment efforts, opening of a mission, and ongoing care led by officials, with references to leaders and places involved in the restoration work.
Callide Coal Deal Hold Up
ELBOURNE May 17 A hitch in the Victorian Government plan to buy Callide coal from Queensland arose from a change to the contract the Electrical Undertakings Minister Mr Kent Hughes announced today. He said the altered terms could delay the agreement and affect fuel supplies for winter. RISBANE May yA ster i Mo Be Wyte eth a ok patil ie bh Hh be A rte tanta Me Cae koe 4 ' vit ! Hy eh doe hue roa a Oi aa ' wt ha be BD ew rte We Wine 2 tb 1h it He t ke The 0 -Of ohh ve lia tow any . sinter ol vie
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Elbourne
Callide
Queensland
Electrical Undertakings Minster
Kent Hughes
Willin
Djurembie
Risbane
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