A life of privilege,high flying, do what you want and the little people can fend for themselves
ESP? Wouldn't you reckon the love birds would be making definite enquiries of Ralph, particularly with Julia acting directly for him and protecting his legal interests in the matter. But no one rang him up, not even Phantom Partner. That’s because Julia and Bruce were already sweet with Slater and Gordon for the money.
hear of an interest in acquiring a property for Wilson to live in?
very late 1992 or early 1993 Bruce talked to me about it. The flat he had in
Carlton he let go over the Christmas period between 92 and 93 when he returned
to Western Australia. I can't remember if before letting the flat go he said
something to me about it or whether it wasn't until he returned the following
year that he said something about it. But my understanding was what was said to
me at that stage was that Ralph had an interest in investing in a property,
that he had some excess money and that was what he was going to do, make a
property investment, and that Bruce had talked to him about making that
investment in Victoria rather than Western Australia because it would suit
everybody's purposes -- Ralph would have the investment that he wanted, and the
negative gearing consequent upon that that he wanted, and Bruce would have
somewhere to live that he wanted to live rather than in the ordinary
landlord/tenant situation. Ralph would have the benefit of knowing that he had
a tenant that, you know, wasn't going to do anything disastrous to the
property, so it suited everybody's purpose.
sense to you?
I didn't have any particular reason to question it in great detail, or at all.
It made, it made sense to me in the sense that Ralph, I'd heard Ralph talk in
the past about owning a flat or some flats. I, he's a, Ralph's a boastful
person if you had to think of an adjective to describe him; he was very full of
stories about what he's done and how good he is, and in the course of these
stories about how good he is and what he's done, he had sort of held forth
about what he had and how he had such a nice house, how his wife was involved
in a hairdressing business or owned a hairdressing business, how he'd owned
these flats, etcetera. He moved from Victoria to Western Australia. He's a
Victorian person originally. So, it all made, you know, relatively sort of
sensible sense that there was this man who had some money, it's not like
Victoria's the never-never to him, he used to live here.
of the auction (a line redacted) and I think you attended too?
discussions with Blewitt and Wilson, when you were going around the traps
looking at properties, do you recall whether there was a particular range,
price range that they were interested in, that Blewitt was interested in?
he was looking around the $200,000 mark, a bit above in that range.
ever make enquiries as to the source of those funds from his point of view?
the discussions I had an understanding that he was going to put a deposit on
and that he was interested in then having a negative-gearing arrangement for
the rest so that he would get a tax break, so he was, I mean like one
ordinarily does, he was going to have a deposit and a mortgage.
had the money for the deposit, and
mortgage repayments when they fell due.
specific knowledge of how much deposit he was intending to put on but just that
he had the money to complete the transaction
he had but just that he had the money to complete the transaction.
that your view was that if anything like all this fellow said is to be believed
he's got a hairdressing business, he's got flats and he's a man of means who
can fund a $200,000 purchase if he wants to
about it . . .
I thought about it, I hadn't made careful enquiry about his financial
circumstances, he's a middle-aged man, he's on his second marriage. From what
he says it's apparent his first marriage ended in circumstances where he didn't
have much by way of ongoing relationship with the children and I understood
that to be in the maintenance sense as well as the access sense.
the Timber Workers Union. He'd sort of chugged that in, cashed that up and
usually union officials are worth a fair bit when they leave one union and go
to another. He'd gone to Western Australia. His wife worked. So, you know, they
weren't Mr and Mrs Onassis but they were relatively well positioned.
A life of privilege,high flying, do what you want and the little people can fend for themselves - Michael Smith News: