Military coup in Cyprus triggers mass arrests and fighting
More than 1000 people arrested since the takeover by Greek officers. Soldiers conduct house to house searches in Nicosia and across towns as Archbishop Makarios and aides flee or are captured. Casualties reported as fighting continues. NATO fleets face diplomatic pressure while Britain and the US move to intervening talks. Archbishop Makarios asks for UN address in New York.
MENTIONED IN THIS ARTICLE
Cireece
Cyprus
Spyros Papageorghion
Ohir
Papageorghiou
Milliades Christodoulou
Atitens
Saap-Reuter
NATO
Turkey
Greece
Britain
Mir Sisco
London
Federal planed control of share trade proposed
A parliamentary committee report tabled with Senate permission urges federal control of Australia’s securities markets. It documents widespread abuse in share dealings, insider trading, market manipulation, and lax regulation by companies, brokers, auditors, journalists, and stock exchanges. The chairman faced questions about alleged inducements and threats during investigations.
MENTIONED IN THIS ARTICLE
Australia
Senate
Literature Board follows Blainey team in new page 10
Maurice Dunlevy reviews the new Literature Board stance and its tie to Geoffrey Blainey’s team on page 10. Sophie Electress of Hanover, once poised for the English throne, died young. M. E. Crawford presents an engrossing biography on page 10.
MENTIONED IN THIS ARTICLE
Maurice Dunlevy
New Literature Board
Geoffrey Blainey
Sophie Electress
Hanover
M. E. Crawford
Georges Accuses Rae of Infringing Senate Conditions
Senator Georges rose at a press briefing and charged Senator Rae with violating the conditions under which the Senate allowed the report to be tabled. Rae faces a defamation action tied to claims he delayed publication during the election campaign. Two chapters remain unpublished while Georges objects to debate at the briefing and insists the matter proceed in the Senate with court action pending. Rae conferred with two allies including Magnus Cormack and Wheeldon, and reiterated a united stance on the report.
MENTIONED IN THIS ARTICLE
Georges
Rae
Senate
Australian Associated Stock Exchanges
Michael McAlister
McAlister
Magnus Cormack
Wheeldon
Rie
Papua New Guinea Chief Minister Demands Justice Minister Resign
Port Moresby reports that Chief Minister Somare demanded the resignation of Justice Minister Kaputin after a Cabinet split over constitutional proposals. A brief office statement said the resignation was requested pending an explanation of Kaputin's recent statements and performance as minister.
MENTIONED IN THIS ARTICLE
Port Moresby
Papua New Guineas
Somare
Kaputin
Samare
Black Mountain tower to go ahead says Postmaster General
The Postmaster General and Senator Bishop told representatives of social responsibility groups that Cabinet has decided to proceed with the Black Mountain tower project. Bishop said only a court decision could stop the project and acknowledged higher costs than the original 6.3 million dollar estimate, though he did not provide a new figure.
MENTIONED IN THIS ARTICLE
Senator Bishop
Society For Social Responsibility In Science
Committee To Save
Black Mountain
Bishop
Parliament House
Aca
Exploitation of Investors Cited in Senate Report
The committee warned of abuse in the securities market and reckless, incompetent behavior by some in control of public companies and investment funds. It called for legislative action on disclosure standards and noted the potential for civil and criminal actions against named individuals and firms.
Poseidon directors and geologists accused of insider trading and misused shares
A parliamentary committee found Poseidon director Mr Norman Shierlaw and consulting geologists Burril and Associates misused their fiduciary positions to buy Poseidon shares for private profit. It cited secret hearings up to June last year and urged a national regulator for inside dealings in securities. The report notes misleading Windarra announcements boosted mineral flotations and that Shierlaw acted as broker for several trades, revealing a nationwide insider trading pattern and the need for safeguards.
MENTIONED IN THIS ARTICLE
Poseidon
Norman Shierlaw
Burril and Associates
Shierlaw
Windarra
Shier- Lan
National Securities Commission Bill to be tabled in Budget session
Attorney General Senator Murphy announced a 200 page draft Bill to create a National Securities Commission. He said the plan addresses rampant practices harming small investors and will be one of Parliament’s largest pieces of legislation. He urged legal aid and help to recover money lost in the mining share boom.
MENTIONED IN THIS ARTICLE
Murphy
National Securities Commission
Australia
Proposals For Public Trustee Ordinance Include Pokies
A draft Public Trustee Ordinance being drawn by the Department of the Capital Territory is believed to include provisions about poker machines. It reportedly would require clubs that install machines to contribute to a fidelity fund. A department spokesman could not confirm exact provisions though legal circles expect wide ranging terms. The move has surprised several informed observers who question its operation.
MENTIONED IN THIS ARTICLE
Department of the Capital Territory
Lis
Fidelity Fund
Aid to pollution discussed by Warra jumta Shire Council
NSW pollution problems are being addressed as Warra jumta Shire Council heard a briefing yesterday. The report notes efforts to overcome pollution issues and outlines local responses discussed by officials.
MENTIONED IN THIS ARTICLE
Council
Nsw
Warrajumta
Public Trustee Office proposal for ACT discussed
The department spokesman outlines expected provisions covering real estate agents and car dealers, workers compensation, third party insurance, prisoner funds, and guardianships. The plan to establish a Public Trustee’s office in the ACT was first raised by Mr Enderby in March last year, with the ACT Advisory Council later recommending changes.
MENTIONED IN THIS ARTICLE
Department
Enderby
Capital Territory
Iran Buys Into Krupp Works In West Germany
Iran acquires a quarter stake in the Krupp works in West Germany in a major state driven investment into eastern industry. Senate defeats two national health insurance bills by 30 to 29, fifth double dissolution measure in Upper House. Australian wool sales delayed after demand slump. Wool Corporation plans $15 million spend to stabilise prices.
MENTIONED IN THIS ARTICLE
Iran
Krupps
Tran
Krupps See
West Germany
Estern
Senate
Australian Wool Corporation
Also Mentioned on This Page
Sir Magnus Cormack
Sinc
Bicosia
Nichols Jumpson
Paphess
Mikarias
Cyperus
Mahanos
Lemden
New York
Barbara Lyssarides
Ws-Horm
Iether Makarios Confidanl
Vassos Laysirdies
Mer
Unio Party of Cyprus
Warwick Bracken
Senator Rae
Lib
Tas
Canberra
Associated
Sydney
Lab
Qld
Rau
Bacher
Pepe
Black Mountain Tower
Oan Imsider
ABC
Senator Murphy
New Zealand
Tower of London
Peter Sekus
Thhe Act Advisory Council
World News
Cathedral of
St. John the Divine
Liberty Island
British Airways
Aloes Matind
St Twa
Federsl
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