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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Apr 27, 1973
Page
2
James Edward Basso pleaded guilty to five charges and was jailed for 18 months by Justice Fox. The case details include thefts, deception, and assault linked to incidents in 1972. Other defendants received various sentences for burglary, robbery, and related offenses with concurrent terms sets and orders for behavior bonds.
A fragmented report cites a murder count in Sydney with unclear names and dates. It mentionsShaavis and Guiner facing charges for a fatal April event. It notes custody and a May 29 timetable, with unclear references to a break in and entry.
A Canberra magistrate sentenced several motorists after guilty pleas to drink driving or related offences. Kenneth Son, 49, of Nirrabundah, received a six month suspended jail term with three years probation and a $200 fine for a April 19 incident on Oxley Street with a 0.04 blood alcohol level. John Robert Wells, 22, of Anish Gist Hauve, was fined $80 and given licence suspension for eight months after Barton Highway offences. Other cases included fines ranging from $80 to $1300, licence suspensions up to three months, and similar penalties for alcohol readings around 0.13 percent.
Fragmentary OCR notes list names and terms like Reon Se and various garbled phrases. The readable bits resemble a law list and topics but lack coherent events or clear entities to summarize beyond noting a jumble of names and legal terms.
Gary John Dickinson, a former customs officer from Giladexville, was jailed for four years in Sydney Guyer Sessions after pleading guilty to possessing heroin. Judge Torrington noted Dickinson’s claim of attempting to help an associate, but the court found the actions amounted to drug possession and dissemination.
Australia’s overseas reserves declined in the week to April 18, with gold and foreign exchange holdings down 22.8 million to 3,893.95 million, amid currency controls and a 0.5 percent statutory reserve increase effective April 1. The Reserve Bank’s statutory reserve deposits rose 30.9 million to 8727.2 million as banks adjusted to the new rules, with no further SRD increase planned after April 10.
Connor criticizes a news announcement about EZ Industries and Peko-Wallsend signing a uranium deal with ENI and Barionale Irocarburi of Italy. The plan covers 9700 tonnes of uranium oxide between 1981 and 1990, with governments to rationalize the project.
North Broken Hill Limited reports a 4.2 percent drop in nine months to March as devaluations of the Australian and pound currencies cut income from investments. The firm notes lower metal prices and a shift in ore values, with sales and by-product revenues contributing to the overall result. Directors warn that December upvaluation may reduce future profits, while a large share sale and investment changes influence quarterly figures.
Homebush sales show lambs in strong demand with a free trade for good quality sheep and fully firm prices. Yard consignments sold well though most eased by 19 to 1 per head. Reported weights 13484 with 36 ereyn, figures mention heavy and light categories and assorted hoggets. Prices listed include lambs from heavy to light ranges and hoggets at various pence per pound.
Singapore and Brazil based TNT announces expansion moves through a $4.9 million stake in Tossake in Brazil and becomes a major shareholder in a RoW venture. The Australian firm Thomas Nalione Wide Transport Ltd aims to merge transport lines between major Brazilian centres and create a broader express services network.
Slater Walker Securities merges with Samuel to form a £1.5 billion plus investment banking group. The expansion aims to build an international finance powerhouse with strong insurance, property and investments. Key figures include Keith, Slater, and the Bank of England oversight. The deal positions the group as a leading merchant bank in London and Sydney with billions in assets and a global strategy.
Economist De Ken Tucker of Iowa Sciences School argues a so called equity levy on gains in housing values could curb inflationary pressure but would mainly adjust four year sale periods and equity timing. He notes no direct housing controls would be imposed and the plan aims to avoid inflationary shocks while limiting rapid value gains.
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