Image identified by Kevin Patrick, via the Australian Reprint Comic Book Appreciation Society Facebook group, from the National Archives of Australia:

"Aside from his extensive publishing interests, which included men's magazines, comic books, and general/consumer interest magazines (eg Wheels, Australian House & Garden, et al), K.G. Murray was responsible for much of the early commercial development of the Perisher Valley (NSW) as a popular ski resort destination throughout the 1950s and 1960s.

"The accompanying photo shows K.G. Murray, proprietor of The Man from Snowy River Hotel, in conversation with the hotel's manager, Richard Lipka.

Murray ran advertisements promoting The Man from Snowy River hotel in his magazines, which encouraged visitors to book their accommodation at The Kosciusko Centre, which operated out of the K.G. Murray Publishing Company's corporate address at 142 Clarence Street, Sydney."

For further information see perisherhistory.org.au/ken-g-murray-commercial-pioneer.