An academic who expects zero interest rates within two years and a 40 per cent drop in house prices has promised to walk from Canberra to the top of Australia's highest mountain if he's wrong.
University of Western Sydney associate professor of economics and finance STEVE KEEN made the bet with Macquarie Group interest rate strategist RORY ROBERTSON.
Police chase stolen car 250km from Wagga to Canberra
20 Jan 2009 12:21 PM
CANBERRA, Jan 20 AAP - Police have arrested a 26-year-old man in Canberra following a 250km high-speed car chase that started in south-western NSW.
NSW police started pursuing the stolen car in Wagga Wagga on Tuesday morning and ACT Policing took up the chase when the driver crossed the border into the territory.
BRISBANE, Dec 31 AAP - Queensland police have caught a man with an alleged blood alcohol reading more than six times the legal limit.
A 28-year-old man from Peak Crossing was stopped overnight for a random breath test in the nearby town of Boonah, south-west of Brisbane, and allegedly blew .303 per cent.
SYDNEY, Dec 20 AAP - The drivers of a Porsche and two motorcycles have had their vehicles confiscated after reaching speeds of more than 220km/h in an alleged road race.
Police say the three men were racing along a 100km/h zone of the Pacific Highway on the far north NSW coast on Saturday about 10.40am (AEST).
MELBOURNE, Dec 15 AAP - Two young men accused of drag racing before a crash that killed a 15-year-old boy will stand trial.
Mitchell Cairnduff, of Wheelers Hill, died when a turbo-charged Mitsubishi Lancer driven by Jarrod Rooke hit a taxi at 120km/h, the Melbourne Magistrates Court heard.
MELBOURNE, Jan 6 AAP - A 78-year-old hoon caught speeding at 170km/h on a narrow country road on New Year's Day told police he was a skilled race driver.
Victorian Premier John Brumby, however, was not impressed with John Belfield's claims, labelling Australia's oldest hoon driver an "idiot", while police said he was toying with death.i
Heralding the arrival of a new publication from The Weird House, the first edition of House Harris, a news publication that should provide a window into current affairs in Australia with articles from the Australian Associated Press who should be credited and duly paid their royalties.
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Feature Story
US Congress passes historic health overhaul
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Polish president dies in Russian plane crash
Sat Apr 10 18:55:15 EST 2010
Sat Apr 10 08:55:15 UTC 2010
MOSCOW, April 10 Agencies - Polish President Lech Kaczynski and his wife died on Saturday along with 130 others when their plane crashed while coming in for landing in western Russia, officials said.
The governor of the Smolensk region, where the crash took place about 11am (1700 AEST), said no one survived.
"The Polish presidential plane did not make it to the runway while landing. Tentative findings indicate that it hit the treetops and fell apart," Sergei Anufriev said on state news channel Rossiya-24. "Nobody has survived the disaster."
Regularly Updated News As It Arrives From The Editor
House Harris News
Both 'black boxes' found in plane crash: Russian official
MOSCOW, Russia, April 10 AFP - Authorities have found both "black box" flight recorders from the plane that crashed on Saturday in western Russia, killing Poland's president, Russian Emergency Minister Sergei Shoigu says. More...
Polish plane ignored Russian air traffic control: official
Russia says the crew of a plane that crashed in western Russia yesterday .. killing Poland's president .. repeatedly ignored instructions from Russian air traffic controllers. More...
Polish president and elite killed in plane disaster
SMOLENSK, Russia, April 10 AFP - A Soviet-era jet carrying Polish president Lech Kaczynski and much of the military and state elite has crashed in thick fog in Russia, killing all 96 people on board in a blazing inferno. More...
Polish president killed in plane crash
SMOLENSK, Russia, April 10 AFP - An ageing jet carrying Poland's President Lech Kaczynski and much of the state elite has crashed in thick fog in Russia, killing all 97 people on board and plunging a nation into grief. More...
Polish leader, 95 others dead in Russia jet crash
MOSCOW, April 10 Agencies - Polish President Lech Kaczynski and some of the country's highest military and civilian leaders died when the presidential plane crashed while landing in thick fog in western Russia on Saturday, killing 96, officials said. More...
Total of 96 on board crashed plane: Russian officials=3D2
"According to confirmed information, there were 96 people aboard the Tu-154 that crashed near Smolensk, including 88 members of the Polish delegation," a spokesperson for the Emergency Situations Ministry told Interfax news agency. More...
Total of 96 on board crashed plane: Russian officials
MOSCOW, April 10 AFP - A total of 96 people were on board the plane that crashed in the western Russian city of Smolensk on Saturday, killing all on board including Polish president Lech Kaczynski, emergency officials said. More...
Pilot error eyed in Poland president's plane crash: agencies
SMOLENSK, Russia, April 10 AFP - Pilot error is suspected as a cause in the crash of a plane carrying President Lech Kaczynski and other top Polish officials in Russia on Saturday, Russian news agencies reported. More...
Polish president dies in Russian plane crash
MOSCOW, April 10 Agencies - Polish President Lech Kaczynski and his wife died on Saturday along with 130 others when their plane crashed while coming in for landing in western Russia, officials said. More...
No survivors in crash of Polish president's plane: official
Polish President LECH KACZYNSKI has been killed in a plane crash in Russia .. with a local official confirming there are no survivors. More...
CIS:No survivors in crash of Polish president's plane: official
MOSCOW, April 10 AFP - There were no survivors in the crash of a plane carrying Polish President Lech Kaczynski, according to a local official in the western Russian city where the plane crashed on Saturday. More...
CIS: Scores dead as Polish president's plane crashes: reports
Scores of people have reportedly been killed after a plane carrying Polish President LECH KACZYNSKI crashed on landing near the western Russian city of Smolensk. More...
North Korea to put US citizen on trial for illegal entry
North Korea says it'll put on trial an American citizen who entered the country illegally .. disclosing his identity for the first time. More...
Tim Berners-Lee to head new British institute of web science
LONDON, March 22 AFP - Tim Berners-Lee, the man credited with inventing the internet, will head a new British institute for web science, Prime Minister Gordon Brown announced on Monday. More...
WASHINGTON, March 22 AFP - US Defence Secretary Robert Gates on Monday said he had potential concerns about an alleged spying network of contractors in Afghanistan and Pakistan run by a Pentagon official, but that he still lacked information about the reported operation. More...
US stocks drop amid health care reform, debt concerns
US stocks have fallen .. as investors digested key passage of landmark US health care reform .. and worried about the Greek debt crisis and its impact on the global economic recovery. More...
Constable dismissed over drink-driving
BRISBANE, March 22 AAP - A constable convicted of driving more than four times over the legal alcohol limit has become the first to be dismissed under new Queensland Police Service (QPS) rules. More...
Scientists conduct second Hifire test over Woomera
CANBERRA, March 22 AAP - Australian and American scientists have successfully flown an unmanned test aircraft at more five-and-a-half times the speed of sound over the South Australian outback. More...
Most US media support health care legislation
WASHINGTON, March 22 AFP - Most leading US newspapers have backed health care reform legislation championed by President Barack Obama, saying it amounted to a major change in American society. More...
Main points of Obama health care plan
President BARACK OBAMA'S health care bill .. which passed on Sunday in the House of Representatives .. aims to bring the United States closer to universal coverage than ever before. More...
US Congress passes historic health overhaul
WASHINGTON, March 22 AFP - The US Congress has passed an historic health care overhaul, handing President Barack Obama a landmark win and taking the United States closer than ever to guaranteed coverage for all Americans. More...
US Congress sends Obama historic health overhaul
WASHINGTON, March 21 AFP - The US House of Representatives has sent a historic health care overhaul to President Barack Obama, bringing the United States closer than ever before to guaranteed coverage for all Americans. More...
Cheap software helps Iraqi militants down US drones: report
WASHINGTON, Dec 17 AFP - Iraqi militants have regularly used cheap and widely-available software to intercept the feeds of US-operated drones, the Wall Street Journal reported on Thursday. More...
'Accurate and fast' internet filter gets govt green light
CANBERRA, Dec 15 AAP - The federal government is pushing ahead with its controversial plan to filter the internet, saying illegal material can be blocked "with 100 per cent accuracy and negligible impact on internet speed". More...
At last, Obama to roll out Afghan strategy
WASHINGTON, Dec 1 AFP - Barack Obama on Tuesday makes a globally awaited address on his new Afghan war plan and big troop surge strategy, shouldering the most perilous burden yet of a presidency defined by crises. More...
US stocks dip amid Dubai, retail worries
NEW YORK, Nov 30 AFP - US stocks drifted lower on Monday as Dubai debt crisis worries abated after the UAE central bank announced support for banks and traders weighed lacklustre Black Friday weekend holiday retail sales. More...
Peter Doherty sparks outrage in Germany over Nazi anthem
BERLIN, Nov 30 AFP - British rocker Peter Doherty was hauled off stage at a weekend music festival in Germany after he began singing the Nazi anthem, Deutschland, Deutschland ueber alles, during his set, reports say. More...
Young people key to making world better place: Dalai Lama
The Dalai Lama has called on young people to work to make the world a better place .. saying all individuals can make a change. More...
Private, public patients cost the same for Canberra
SYDNEY, Dec 1 AAP - A private hospital patient costs the federal government almost exactly the same as a non-insured patient treated in a public hospital. More...
Australia must adopt fairer tax system says Bernie Fraser
SYDNEY, Nov 30 AAP - Australia must adopt a fairer, more progressive tax system through reforms to capital gains tax and negative gearing allowances, former central bank governor Bernie Fraser says. More...
Aust's ETS debate is "entertaining", says US ambassador
PERTH, Nov 30 AAP - The US Congress is poised for the kind of "robust" debate on climate change policy now dominating Australian politics, says newly appointed US ambassador Jeffrey Bleich. More...
US senators to begin fractious health care reform debate
WASHINGTON, Nov 30 AFP - The US Senate is set to begin debate on a massive health care reform bill that is a key priority for President Barack Obama but faces stiff Republican opposition and is plagued by divisions in Democratic ranks. More...
Michael Moore warns Obama over Afghanistan
TOKYO, Nov 30 AFP - Filmmaker Michael Moore has urged President Barack Obama not to expand the war in Afghanistan, as Washington prepares to announce a surge of US troops in the conflict-torn nation. More...
Atom-smasher sets record energy levels: CERN
GENEVA, Nov 30 AFP - The world's biggest atom-smasher has set a world record by accelerating to energy levels that had never been previously reached, the European Organisation for Nuclear Research (CERN) said on Monday. More...
Hong Kong's carbon footprint 2nd highest in world: report
HONG KONG, Nov 30 AFP - Hong Kong has the second highest carbon footprint per capita in the world, due to the city's high consumption patterns and large volume of imports, according to a survey released in Norway. More...
UK confirms 500 more troops heading to Afghanistan
LONDON, Nov 30 AP - British Prime Minister Gordon Brown's office says he will confirm that 500 extra UK troops are heading to Afghanistan. More...
Senate report: Bin Laden was 'within our grasp'
WASHINGTON, Nov 29 AP - Osama bin Laden was unquestionably within reach of US troops in the mountains of Tora Bora when American military leaders made the crucial and costly decision not to pursue the terrorist leader with massive force, a Senate report says. More...
Letter to reveal Blair was told Iraq war 'illegal' - report
LONDON, Nov 29, AFP - The British government's chief legal adviser informed then prime minister Tony Blair in 2002 that deposing Saddam Hussein would contravene international law, a newspaper reported on Sunday. More...
Fire threatening property at Torrington, in northern NSW
Six water bombers are battling a new fire front threatening rural properties in the north of New South Wales. More...
Dust haze eases for Sydney but Hunter still covered
SYDNEY, Nov 29 AAP - A dust haze across Sydney should completely clear on Sunday afternoon but the Hunter Valley is expected to be blanketed until evening. More...
60 fires still burning across NSW
SYDNEY, Nov 29 AAP - Cooler conditions in some parts of the state are helping firefighters get the upper hand over about 60 bushfires burning across NSW. More...
Obama welcomes Indian PM at start of state visit
WASHINGTON, Nov 24 AP - US President Barack Obama on Tuesday welcomed Indian Prime Minister Manmohan Singh to the White House, opening an elaborate state visit that will include talks designed to overcome differences on climate change and US ties with Indian rivals China and Pakistan. More...
Seeking writer to do opinion