Territory Stories

The Northern Territory news Fri 4 Jan 2013



The Northern Territory news Fri 4 Jan 2013

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NT news


The Northern Territory news; NewspaperNT




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Community newspapers -- Northern Territory -- Darwin; Australian newspapers -- Northern Territory -- Darwin

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Nationwide News Pty. Limited

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Copyright. Made available by the publisher under licence.

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Nationwide News Pty. Limited



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www.ntnews.com.au Friday, January 4, 2013. NT NEWS. 13 P U B : NTNE-WS-DA-TE:4-JAGE:13 CO-LO-R: C-M Y-K Bali death a tragic accident BRISBANE: Indonesian police are treating the death of a Queensland woman in Bali as an accidental drowning, says her former employer. Denni North, 33, was found dead in a pool at her private villa on the resort island on December 30. She had been working at the restaurant of the Cocoon Beach Club. Club manager Anthony Bevilacqua, speaking on behalf of Ms Norths family, says it is likely she drowned. There was no foul play, no, he said yesterday. ntnews.com.aul l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l NATION Aussie finance whiz held on US insider trading charges Trent Martin SYDNEY: With an international career spanning Australia, New York and Hong Kong, Sydney financial analyst Trent Martin has lived a happy and enviable life. But now, the 33-year-old faces up to 20 years in a US jail and a fine of $5 million for alleged insider trading in which he pocketed just $7600. The former northern beaches resident and popular surfer and mu sician is accused of being a central player in a $1 million insider trading scandal relat ing to computer giant IBMs 2009 acquisition of software company SPSS. He had been expected to appear before the US District Court in New York today, but yesterday was reportedly still in custody in Hong Kong where he was arrested on December 22. Martin is ac cused of using non-public information he learned from an unnamed New Zealand lawyer friend to buy SPSS shares ahead of the confidential $US1.2 billion deal while working at a Stamford, Connecticut brokerage firm. He allegedly pocketed just $US7900 ($7600) from the sub sequent sale of the shares. Martin is also accused of telling his flatmate, Thomas Conradt, about the inside information, who then allegedly passed on the details to friend David Weishaus. Both men later allegedly profited $US2538 and $US129,290 respectively. Widow allowed to take husbands sperm PERTH: A widow has been allowed to extract her dead husbands sperm a day after he took his own life, following an urgent West Australian court hearing. The woman, known only as Ms C, and her husband had been trying to conceive for the past two years and began in-vitro fertilisation treatment before he committed suicide. His body was taken to Sir Charles Gairdner Hospital. Ms C asked for his sperm to be removed and stored for future IVF procedures but was told she needed a court order. Justice James Edelman heard the matter and said the Human Tissue and Transplant Act allowed designated officers, such as senior doc tors, to grant such requests from family members. He said future applications should be acted on more efficiently so relatives would not have to attend court unless a person died in suspicious circumstances. Katter, Palmer summit Big hitters plot federal election strategy BRISBANE: Mining billionaire Clive Palmer and Bob Katter have held two meetings over the past few weeks as they plot a strategy for the 2013 federal election. Bob Katters Australian Party, which has three Queensland MPs, appears certain to work in coalition with Mr Palmers United Australia Party, if the UAP gets off the ground. Mr Palmers nephew Blair Brewster last September ap plied to trademark the United Australia Party name and last month applied to trademark a party logo. Mr Katter confirmed the meetings. He said many of Mr Palmers aims dovetailed with those of the KAP, and centred on what both called a 50-year vision of developmentalism. Proponents say polling shows that if Mr Palmer creates his new party it could garner the support of more than 30 per cent of the electorate, giving a new UAP the balance of power in the Senate. That translates to one or two senators in each state, and possibly seven or eight House of Reps seats in Queensland, an insider said. At a state level, up to 20 Newman Government MPs were seriously considering switching to the UAP if it went ahead, the insider said. That would make it the Opposition in State Parliament, with more MPs than the Labor Party. The ALP has seven MPs. It was yesterday revealed that Mr Palmer would have a financial interest in breakaway MP Alex Douglass new party, although it is unclear if that will eventually become the UAP. The KAP intends to field candidates in several states in this years poll. The parties would exchange preferences and probably work in coalition if candidates won seats. None of us want to make a big deal out of this but there have been two meetings which have taken place and they have been extremely amicable, Mr Katter said. There is a community of interest between us but there are still obviously a few points of contention. The KAP and Mr Palmer are expected to meet again this month. The centrepiece of the Sydney Festivals day one opening spectacular, the highly anticipated giant rubber duck, had its only rehearsal in Cockle Bay early yesterday morning Picture: ADAM TAYLOR TODDLERSRESCUED SYDNEY: Two toddler brothers have been rescued after nearly drowning in a backyard pool in Sydney. A two-year-old boy was found at the bottom of a pool at a Padstow home on Wednesday morning. His younger sibling was floating at the top. According to an Ambulance NSW spokesman, the parents of the children jumped in and rescued them. The father performed CPR on one of the children, who was revived at the scene. DEFAMATION FIGHT PERTH: The defamation battle between Western Australias Treasurer Troy Buswell and his former lover, MP Adele Carles, is set to continue through the state election campaign after Mr Buswells legal team rejected a settlement offer. With WAs state election scheduled for March 9, a potentially vitriolic and highly personal legal stoush continuing through the campaign is looming. POLICEONREVIEW BRISBANE: Queenslands police commissioner has confirmed a review of the force involves considering sacking some senior officers. Police Commissioner Ian Stewart yesterday said redundancies were being considered, but there would not be a net reduction in police numbers. The findings of the review are set to be unveiled on Monday. Media reports say the review recommends up to 400 positions be cut. MOBATTACKS CAR PERTH: Four people, including two women in their 60s, are in hospital after being injured in a terrifying attack by amob in suburban Perth. West Australian police said the four were travelling in a car late on Wednesday when two men stood in the middle of the road blocking their path. After swerving to avoid them, the car crashed into a kerb. Another group of up to six people then surrounded the vehicle.