State Finances Deficit Financing via Treasury Bill Issue
The Commonwealth Bank Board approves a Treasury Bill plan to fund state deficits in the coming year totaling about £5.88 million. The scheme raises the revised total from £5.75 million by reallocating £2 million of the Commonwealth grant instead of £0.5 million, amid discussions with Sir Claude Bevning and Labor concerns about Treasury bill discounts.
MENTIONED IN THIS ARTICLE
Commonwealth Bank Board
Loan Council
Treasury
Clauce Bevting
Nilest
Hkvn
Overdraft Rates Reduced by Sydney Banks
The Bank of New South Wales and the Commercial Bank Company of Sydney announce overdraft rate cuts effective July 1. The Bank of New South Wales lowers by half of one percent in the case of overdrafts, while the Commercial Bank Company of Sydney reduces by one quarter of a percent.
MENTIONED IN THIS ARTICLE
the Bank of New South Wales
Commercial Banks Company OF Sydney
Bank of New South Wales
Commercial
Sydney
Tyre Bursts Delay Melbourne Express Near Tallong
A tyre burst on a driving wheel of the Sydney Melbourne Limited Express near Tallong Tuesday night caused a two hour delay to Melbourne expresses and mail trains. No derailment occurred. The previous week an extra Melbourne express was delayed by a locomotive tyre bursting near Marutan.
MENTIONED IN THIS ARTICLE
Tallong
Melbourne
Marutan
Suspension clarified on corporal punishment at Vanes Welfare Farm
Mr Drummond said corporal punishment is not as alleged. He noted a minute forbidding corporal punishment of boys over 17 and permitting caning on the hand for those under 17 only with the superintendent's instructions and in his presence.
MENTIONED IN THIS ARTICLE
Clyne
Lab
King
Vanes Welfare
Drummond
Openings Celebrated For Junee Reefs Schoal Anniversary
The 30th anniversary of the Junee Reefs School opening is planned for October with events including a back-to-arts function a banquet a concert and a public dance. Corinates Mr A J Cowled president and Sir L H Wilson secretary have formed a committee to arrange celebrations.
Bridge Project Opens Hume Weir Link As Murray River Pact Moves
The Duke of Gloucester is to open the new bridge and roadway over Hume Weir with work to start immediately. The £61000 project forms part of the Murray River agreement but awaits ratification by the three parliaments. Early authorisation aimed to reassign about 259 unemployed workers from the weir site.
MENTIONED IN THIS ARTICLE
Pary
Duke of Gloucester 3
Hume Weir
Vitora
N.S.W
Noxious Weeds Case Passes Through Bland Shire Court
Bland Shire farmers faced fines in a police court on Friday for failing to remove noxious weeds from sheep paddocks. Several defendants pleaded not guilty while one argued the issue harms the environment and stressed the need to destroy weeds under current Act. The magistrate indicated fines would be imposed to enforce weed destruction if the act remains unchanged.
MENTIONED IN THIS ARTICLE
Weat Wyshdug
Paiday
Bland Shire
Boone
J. Ay
Lockhart Council Probes Offer on Electric Plant
The Lockhart Shire Council forms a committee to investigate an offer from the proprietor of the Lockhart electric works regarding the plant. The council records thanks to a late worker who volunteered on the road in Ryan and Osbor ne district.
MENTIONED IN THIS ARTICLE
Lockhart Shire
Lockhart Electric Works
Ara
Ryan
Osborne
Maher Cup rugby league encounter interrupted by weather
A Maher Cup match between Looe United and Group 9 was halted at Wylliby on Wednesday due to conditions. Spectators, players, and officials endured a sunny but blustery day as disruption led to suspension of play for the remainder of the Beacon line.
MENTIONED IN THIS ARTICLE
Connamundra
Wilomot
Winon
West Weatong
Cycling JO-MILE ROAD RACE Winners and standings
The nearly eight riders completed the course on Sunday morning on the paving at Jo rude road. The race was won by Vi Dawa with M Can tm second and Neumann Hilidanit S$ third. Final results list Demmiery tourty Mi Young as the search man and Rehullii- Vo Davya among the finishers with others like M. Coullnd and Mineo in the field.
MENTIONED IN THIS ARTICLE
Sainday
Oarly
Vi Dawa
M Cantm
Neumann Hilidanit S
Demmiery Tourty Mi Young
Rehullii
Vo Davya
M. Coullnd
Newmoon
Os Demmeivs
Fasient
Victorian regulation tightens animal import controls
A new amendment tightens Victoria's rules on importing cattle and swine from NSW. Wealth certificates in Schedule A are now required, and buyers must obtain them from the stock assessor of the district where the animals originate.
MENTIONED IN THIS ARTICLE
Nsw
Victoria
Also Mentioned on This Page
Adea
Erlor
Bret
Ier
Herbert Mare
Colme Noble
Troy
Granda
Ake
Dulane
Leo
Rots Gates
Acre
Radighes
J.P
P.P
Connell
Xatea
Bridge
Wer
W. B
Wagga
Express
Bany
New South Wales
Wagga Wagga
Fitzmaurice
Vv. Wo Vial
Hearne
Riverina
Art Dyers & Hat Renovators
Pitzmaurice Street
Rake & Palazzi
Bote Proprietary
Fitzmauricr BT
Wagi
Lanauae
Cootamanuta Anpea
de Fea Vea
Lucia Eas
Phate
Raneitersting
Mirfil
Bama
Pege
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