Thursday 27th June 1996
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The new Au$19 billion super bank will rank as fourth largest in Australia putting it up with National Australia and Commonwealth Banks.
"I'd like to see Queensland made the regional hub in the Pacific and the Japanese think that this is a possibility," she said.
She returned from a visit to Japan on Tuesday.
"One of the reasons they have only branch offices in Sydney and Melbourne is because we have no major financial institutions here," she said.
Well, got to tell ya - from a Queenslander's point of view - its about time we got one up on the squealers to our south. The so called "financial establishment" in Melbourne and the big wigs in Sydney who think, wrongly, that they hold all the aces in Australia.
At least one, the Southern and Western Regional Aboriginal Corporation for Justice, faces closure.
The others are the Tharpuntoo ALS in Cairns, the Victorian ALS, the NSW ALS and the Aboriginal and Torres Strait Island Corporation known as QEA.
In the audit on Thurpantoo Deloitte Ross Tohmatsu exposed more than Au$30,000 of unexplained funding. These included Au$23,400 for a Toyota Lexcen and Au$7,516 for legal fees for former chief executive officer, Bronwyn Villaflor, to defend drug charges. Mrs Villaflor's former husband also received money for full-time study and Mrs Villaflor got her rent and home insurance paid by the ALS.
These preliminary findings are but the tip of the iceberg.
Aboriginal Affairs Minister John Herron, who has been under sustained attack by ATSIC since setting up the audit said that the findings were disappointing.
To secure the merger between the Metway Bank, Suncorp and the Queensland Investment Development Corp the state government increased its bid to Au$4.80 per share - three cents more than that of St George Bank.
St George Bank who have been leading the southern state's bid to take another asset away from Queensland left yesterday's special general meeting of share holders empty handed.
A report by the Office of Film and Literature Classifications (a new one on me!) and the Australian Broadcasting Authority shows the average child or teenager watches two hours and five minutes of television each day.
They spend 35 to 40 minutes on homework, 38 minutes in general play and 29 minutes playing sport.
All houses surveyed had a TV, 96% had a radio, cassette or compact disc player and 93% a video.
Almost six in ten families have a personal computer and children spend more than 60% of their computer time playing games.
Once again a perfect day, warm afer a cold start - but clear blue skies overhead.
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