Search

The article offers updates related to business in Australia in 1948. The government plans to export scarce commodities to the U.S., Canada and the Philippines to beat the dollar crisis. The crisis plays a role in boosting Australia's paper production. Australia is expected to export 16% of its woolen spun yarn, 25% of its woolen cloth and 20% of its rugs from February-July.

The article reports on the possibility that the victory of Australian Prime Minister Joseph Aloysius Lyons in the 1937 election might lead to a trade agreement between Australia and the U.S.

The article reports on the optimism of the world's top automobile producers on the Australian automobile industry despite a drop in sales and layoffs as of October 1966. The industry's annual output is worth roughly 900-million U.S. dollars and capacity surpasses 400,000 vehicles a year. An extension of deadlines on the local-content law has been sought by Chrysler Corp., Volkswagen, and British Motor Corp., Ltd.

The article reports on the possibility that Australia will decrease its dependence on Canada for its newsprint need, following a plan of a group in Australia to instruct consulting engineer Percy Sandwell of Vancouver, Ontario to build a newsprint mill in Tasmania, that will supply half of the newsprint needs of Australian publishers.

The article offers information on H.J. Heinz Co. It states that, the company, which is successfully running its operations in many countries including, Canada, Great Britain, and Australia, is expanding its business into the common market of Europe. It also discusses the growth of the foreign operations of H.J. Heinz Co., that started with a small investment.

The article reports on efforts by Australian tycoon Rupert Murdoch to rejuvenate the British publishing industry by focusing on improving profits and fighting excessive demands from newspapers unions. Murdoch, who has bought "News of the World" and "Sun," faces wage demands by "Sun" journalists and a strike notice. The growth of "Sun" after its acquisition by Murdoch and Murdoch's News Ltd. publishing empire in Australia are described.

This article highlights the success of Admiral Corp. in becoming the leading TV manufacturer in Australia. The company forged a 50-50 joint venture with General Industries Ltd. to start Admiral of Australia Ltd. The company was attracted to Australia because its government has invited foreign companies to do business in the country. However, the success of the company came after a bruising struggle with government, local industries and politicians.

The article focuses on the adverse effect on Japan's slow economy to the mining industry in Australia. It mentions the 20% decline of the Japanese commitment with Australian iron ore and copper shipment. In addition, the said reduction has affected the operation of the Australian mining industry. Furthermore, the slump's impact on finances is also mentioned.

The article reports on the uncertainty of a national newspaper's concept of general circulation to publishers in Australia in 1965. However, young Australian publisher Rupert Murdoch is giving a try on the distribution of daily newspaper over vast distances even though the cost is too much for him to yield a profit. The article notes the belief of Murdoch that the country has a chance because of its homogenous population and its sense of growing national identity.

The article reports on the condition of foreign investment in Australia in 1972. It highlights the white paper delivered by Federal Treasurer Billy M. Snedden to Parliament which points out on the increase of the foreign ownership of domestic countries from 20% in 1948 to 35% in 1971. It states that the political opportunism in the nation has affected its economic nationalism. It also speculates the impact of repatriation rate and the problem of raising the local money.

The article reports on the increase in wool prices, as U.S. wool production continue to decline in 1950. At wool auctions in Australia, prices ran 40 percent to 50 percent above the closing prices in 1949. The article explains why wool prices continue to decline, and shows that the factors behind high wool prices have been building up since the end of World War II. The article discusses the outlook for the wool industry for the last quarter of 1950.

The article focuses on the entrance of Australia into the iron and steel industry in 1949 as H. A. Brassert & Co. conducts survey on the deposits of high-grade hematite ore in Western Australia, but smelting facilities are needed to accommodate the works.

The article discusses the Banking Nationalization Act of Australia which is a proposal of Australian Prime Minister Joseph B. Chifley. It mentions that the bill would provide purchase of shares and assets to the government to all Australian banks and branches of all overseas banks. It also states that the nationalization act impact the banks of Great Britain, France, and New Zealand.

The article reports that Western Australia and Queensland are looking to have a significant share of the 200 million U.S. dollars fund that Great Britain is setting up to bolster the food production of the British Empire.

The article reports on U.S. dollar surplus and the large outflow of U.S gold in 1950. Foreign investors are transferring their capital to Uruguay, Mexico, or Australia due to lack of confidence in the dollar overseas. Marshall Plan dollars reportedly enabled Great Britain to manage its deficits that led to dollar surplus. Commitment to gold leads to national prosperity or depression subject to insignificant shifts in foreign trade balances.

The article reports that Conrad Hilton's Hilton Hotels Corporation has a contract to lease and operate the 6-million-U.S. Albergo dei Cavalieri Hilton to be built in Rome soon, that Soviets sent the U.S. stockpile 1.3 million U.S. dollars' worth of manganese and chrome ore during September 1950, which is reportedly 1 million U.S. dollars more than the August 1950 shipment, and that German prefabs will house Australians under an agreement signed by the state of Victoria and a Bavarian firm.

The article reports that as of January 1949, the Australian government has welcomed the local production of U.S. and Canadian goods under license, but is reluctant to accept capital investments from the same due to the drain such would put on the country's dollar reserves.

The article presents information on a new industry started in Australia in 1941, in which newsprint started to be produced commercially from Tasmanian hardwoods, and nine newspapers in Australia's capital cities cooperated to set up the new industry.

The article reports on a trade treaty between Australia and Canada wherein the latter will be given tariff preferences on fresh, dried and canned fruits.

The article focuses on the investments of Anglo-Iranian Oil Co. (AIOC) Ltd. outside Iran which are helping the company face the impact of the nationalization. The opening of a new refinery in France is said to bring AIOC one step closer to the complete replacement of lost Iranian oil. The article mentions the goal of AIOC to cover its Iranian losses by 1955 or 1956. Among the major refinery projects anticipated to give AIOC a boost are located in England, Australia and Aden.

The article focuses on the success of General Motors-Holden Ltd. (GMH) in Australia, with its Holden car that sold more than 300,000. It states that Holden allegedly contributes 220 dollars premium on the gray market and occasionally survives the opposition of Labor Party over the profits it brings for General Motors Overseas Corp. in Detroit, Michigan. It discusses the success and challenges faced by GMH since its first operation in 1956, as well as the pressure it gives to competitors.

The article offers information on the International Committee for Scientific Management (CIOS) and its responsibilities. Albrecht M. Lederer was appointed as chairman of the organization during the 12th international congress of CIOS in 1960 in Australia. CIOS is reportedly responsible in disseminating managerial knowledge around the world. It also designates the International Academy of Management to refine and standardize the meaning of the terms "operations research and "work study" and "formologies."

The article discusses the trend in which U.S. companies has been using Australia as an export base and a jumping-off place for selling to the sterling area as indicated in the case of W.A. Sheaffer Co. who pioneered in tapping Southeast Asian markets from an Australian base. It details the factors attributed to the success of W.A. Sheaffer, including quick cooperation from the government, proximity to consumer markets, and having a ready market for pencils and pens. It also discusses the continuous increase in the drive for export sales.

The article reports on the latest developments in the international business situation amidst the second world war as of October 1942. In the United Nations front, U.S. shipyards manufactured nearly a million tons of freighters and heavy tankers in September 1942, in addition to the ships being constructed in Canada, Australia, Great Britain and India. In the Axis front, Japan is experiencing production issues and is not expected to launch over 600,000 tons of merchant vessels in 1942.

The article reports that mining of gold has never suppressed, not even after the Great Depression. It states that the value of gold has increased in Australia and Canada, by the suspension of gold standards. It mentions that Lake Shore Mines, Canada, produced 9 million dollars of gold, during the fiscal year that ended on June 30, 1931, and is now producing at the rate of 12 million dollars a year.

The article summarizes the business activity in several countries in 1936. Australia has set import quotas on U.S. automotive equipment. Business activity in Canada rose by 5% as executives are more optimistic with the budget. In Germany, construction contracts rose, unemployment fell, and the tourism industry is expected to the benefit from the Olympic Games to be held in Berlin.

The article offers information on expected mining projects of Texasgulf Inc. in Australia, which wants to reduce the company's dependence on Canadian projects.

The article reports that a delegation to Tokyo, Japan, led by Australian Prime Minister E. Gough Whitlam, will explain the controversial policies toward foreign investment in the mineral resources of Australia. Whitlam explains to the Japanese government that the Australian government would control or even ban foreign investment in key materials such as oil and iron ore. However, he open a way for Japanese-Australian cooperation in some sensitive areas such as uranium and gas.

The article reports that General Motors Corp. has planned to invest another 16 million dollars into its manufacturing operations in Australia.

The article reports on the policy changes under Robert G. Menzies of Australia's Liberal-Country Party. It states that Liberal-Country Party has brought few changes to the policies that have real importance to business. It states that only the foreign policy has seen definite changes in Australia. It states that Menzies hasn't been successful in stopping the participation of the federal government in businesses, has failed to control inflation and improve labor relations.

The article presents updates on the order of the Australian government for the F-111 planes manufactured by U.S. airplane maker General Dynamics in September 1969. The Australian government wants an assurance from the U.S. federal government that the problems with the swing wings of the plane have been corrected. As a response to the demand of the government, the U.S. Air Force reluctantly decided to install the Mark II avionics system in the plane.

The article discusses the economic problem of excessive global supply of wheat surplus. It reports that the member nations of the International Grains Arrangement (IGA) which includes the U.S., Canada and Australia have organized meetings to resolve the said economic concern. The impact of such excess on wheat prices and export operations is described. Possible reasons which may have caused the wheat problem are explored including the unexpected increase in wheat yields in countries like India and Pakistan.

The article reports on the completion of the air transport agreement between Canada and Australia, and the difficulties between the U.S. and Australia over terms of an air traffic agreement.

The article reports on the economic outlook in other industrial countries for 1968. It is stated that Japan's gross national product (GNP) and its wages will rise 9 and 10 percent respectively, with government needing to curb inflation without interrupting growth, that Canada's GNP will grow 4 percent and will be pushed by consumer spending and government outlays and that India's bumper grain crop will help rejuvenate its economy. Australia's GNP will reportedly reach 27.6 billion dollars, which is a 4.3 percent hike from 1967.

The article offers information for U.S. businesspeople in doing business in Australia. Fall is suggested as a good time for a business visit. Australian businessmen are described as friendly and straight-talking, but tend to be slow to risk their money. Also noted is their hospitality. Recommended restaurants in Australia include Doyle's Pier Restaurant, the Angus Steak Cave and Top of the Cross.

The article offers updates related to economic and social conditions in Australia in December 1963. It highlights the concerns expressed by the Australian government regarding the potential emergence of an inflationary spiral in the country due to continuous economic growth. It mentions that the country planned to boost its social development through increasing its population. Furthermore, it also decided to expand its export income through selling more raw materials abroad.

The article presents an outlook for the political and economic conditions in various nations in 1973 including Australia, Sweden, and the Middle East. The foreign exchange surplus in the Middle East might be a threat to money markets worldwide. Political observers stated that the Parliamentary elections to be held in Sweden on September 16 might end the reign of the Social-Democratic Party. U.S. automobile manufacturers allowed Nissan Motor Co. Ltd. and Toyota Motor Corp. to establish manufacturing plants in Australia.

The article reports that rabbits in Australia succumb to mosquito bites that carries a virus called myxomatosis.

The article reports that in line with the decentralization plan of its aircraft research and production plants, the British Commonwealth Advisory Aeronautical Research Council announced that the equivalent of 100 million U.S. dollars will be spent in Australia and New Zealand for centers of aircraft, radio, and radar research including a wind tunnel, a rocket range, and radar testing.

The article discusses a plan developed by six premieres of Australian states during a conference in May 1931 to help the country recover from bankruptcy. The expenses of the government that are adjustable are reduced by 20 percent. The Commonwealth and state increased their taxes for additional revenues. A reduction in the interest rates on savings deposits is implemented.

The article reports on the decision of the government of Australia to prohibit the import of some 80 commodities, ration imports of about 15 other commodities, and impose a 50 percent tariff on them and other products as part of protective policies. The move was made in response to budgetary difficulties, growing unemployment and increasing weakness of its foreign exchange. The action is also in accordance to the government's tariff policy to promote or speed up internal industrial development.

Information is presented on the International Wheat Conference held in Budapest, Hungary, that focused on the decline in wheat production in Australia due to a plague by grasshoppers, and wheat surplus in France that has resulted in low prices.