Not in Australia. Relevant section of the Copyright Act 1968 as it would have existed back then, for those interested:
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COPYRIGHT ACT 1968
- SECT 111 Filming or recording broadcasts for private and domestic use
(1) The copyright in a television broadcast in so far as it consists of visual images is not infringed by the making of a cinematograph film of the broadcast, or a copy of such a film, for the private and domestic use of the person by whom it is made.
(2) The copyright in a sound broadcast, or in a television broadcast in so far as it consists of sounds, is not infringed by the making of a sound recording of the broadcast, or a copy of such a sound recording, for the private and domestic use of the person by whom it is made.
(3) For the purposes of this section, a cinematograph film or a copy of such a film, or a sound recording or a copy of such a sound recording, shall be deemed to be made otherwise than for the private and domestic use of the person by whom it is made if it is made for the purpose of:
(a) selling a copy of the film or sound recording, letting it for hire, or by way of trade offering or exposing it for sale or hire; (b) distributing a copy of the film or sound recording, whether for the purpose of trade or otherwise; (c) by way of trade exhibiting a copy of the film or sound recording in public; (d) broadcasting the film or recording; or (e) causing the film or recording to be seen or heard in public.
The same laws still apply today, just reworded. By the way, this practice of recording live TV is known as time shifting.