On February 17, 1970, Parsky, through the Irving Trust Co., New York, sets up the Australian International Finance Corp. in Melbourne.

Irving Trust has links to Shell Oil, Continental Oil and Phillips Petroleum.

Other major banks in Canada, the US and Australasia are also associated with the Australian International Finance Corp. Two corporations, Todd (Shell/BP/Todd) and US-based Marcona Corp., allegedly aid Japanese conglomerates Mitsubishi and Mitsui in purchasing rights to New Zealand ironsands from the Muldoon exchequer.

Todd receives the sole New Zealand franchise for Mitsubishi vehicles.

Muldoon’s ministry awards Mitsui’s Oji Paper Co. a lucrative 320 million cubic foot Kinagoaroa Forestry contract with Carter Holt.

In November, 1970, the Fletcher group extends the Rockefeller-owned Travelodge operation by buying a controlling interest in Atlantic and Pacific Travel, New Zealand’s largest travel company.’ Manufacturers’ and Retailers’ Acceptance Company, which specializes in leasing and factoring, or buying debts at a discount, and finances imports and exports, changes its name to Marac in 1970.

Kerr steps down as Lawasia’s president in 1970.

Australia adopts the metric system in 1970.

In 1970, Australian essayist and feminist Germaine Greer uses her first book, “The Female Eunuch,” to present her case that the feminine characteristics males value represent a self-inflicted “castration of our true female personality”.