AUSTRALIAN CONTROL
OVERSEAS ASSETS STOCKS AND BONDS FREIGHTS AND FARES (Reed. Oct. G, 9 a.m.) CANBERRA, Oct. C. Regulations designed to prevent the export of capital from Australia and to make possible, should the need arise, the mobilisation for nationa, purposes of all overseas assets owned by Australians were gazetted yesterday. The principal classes of securities covered are shares, stocks and bondsrepayable, registered or situated outside Australia and any other property selected by the Treasurer. The Commonwealth Government is also taking steps to obtain control over shipping freights and fares with the object of reviewing the recent decision of inter-State shipowners to increase freights by 20 per cent.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20061, 6 October 1939, Page 7
Word Count
108AUSTRALIAN CONTROL Gisborne Herald, Volume LXVI, Issue 20061, 6 October 1939, Page 7
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