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Feature Story
Merchant of gloom makes a bet
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.
House Harris
A Very Normal News Publication
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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This is the thing, I actually don't have any dosh and I'm trying to figure out a way to make House Harris work. At the moment the only thing I can do to make revenue is the Google Adsense Ads seen on the newsarticle pages. If you could see your way clear to visit the advertisers from time to time it would help support House Harris.
Feature Story RBA rate cut likely to last big move in this cycle-economist

SYDNEY, Dec 2 AAP - The Reserve Bank of Australia (RBA) has slashed official interest rates to the lowest level in in six and a half years, and more cuts are on the way.

The cash rate was lowered to 4.25 per cent, from 5.25 per cent, for the first time since May 7, 2002.

Feature Story Aussies are staying at home more in hard economic times

SYDNEY, Dec 1 AAP - Aussies are having a quiet one at home as they prepare to scale back on eating and entertaining out of home, a study has found.

During these challenging economic times, there is a trend for consumers to cut back on large purchases while continuing to spend on little luxuries.

Feature Story Mumbai attack shows new sophisticated face of terror

NEW DELHI, Nov 28 AFP - The brazen attacks in Mumbai signal a sea change in the Islamic militant violence that has beset India, showing sophisticated planning and an "anti-Western agenda", analysts say.

Militants stormed a series of high-profile targets late Wednesday in India's financial capital, including the iconic Taj Mahal Palace hotel, a landmark restaurant, the main train station and a charitable hospital for women and children.

Feature Story Westerners targeted in Mumbai terror attacks: survivors

MUMBAI, India, Nov 26 AP/AAP - More than 80 people are dead after terrorists used grenades and automatic weapons to attack crowds at hotels, a restaurant and train station.

Teams of heavily-armed men launched coordinated attacks overnight that survivors said were aimed at killing Westerners.

Feature Story Thai protests turn violent, 10 hurt

BANGKOK, Nov 25 AFP - Thai anti-government protesters opened fire on rival activists and beat them with sticks on Tuesday, wounding at least 10 people as a second day of demonstrations in Bangkok descended into violence.

The clash erupted on a road to the disused air terminal where thousands of demonstrators behind a six-month street campaign to topple the administration have besieged the makeshift headquarters of premier Somchai Wongsawat.

Feature Story Work Choices close to being gone forever, Gillard

CANBERRA, Nov 25 AAP - Acting Prime Minister Julia Gillard has sounded the death knell for Work Choices, saying it was "tantalisingly" close to being gone forever.

Legislation dismantling the previous Howard government's controversial workplace relations regime was introduced to parliament on Tuesday, honouring a Labor election promise.

Feature Story Official rate could reach 1960 levels by Easter

SYDNEY, Nov 24 AAP - Official interest rates could fall to the lowest level since early 1960 by Easter next year, helped by a massive pre-Christmas rate cut by the central bank.

Debt futures markets currently expect the overnight cash interest rate, which is targeted by the Reserve Bank of Australia (RBA) in its monetary policy decisions, to fall to 2.75 per cent by April 2009, from 5.25 per cent at present.

House Harris News Editor Selected
Todays Main Feature Story
World must learn to live with terror: conference told

04 Dec 2008 2:10 PM

ADELAIDE, Dec 4 AAP - The world must learn to live with terrorist attacks like those in Mumbai, a conference has been told in Adelaide.

University of Adelaide associate professor Michael Roberts told the Globalising Religions and Cultures conference on Thursday that the group involved in the attacks were not mindless fanatics and showed reasoning behind the targets they chose.

More than 180 people were killed and 300 others injured during 60 hours of violence last week that included attacks on two luxury hotels and a number of other sites.

Prof Roberts said the attacks were motivated by a desire to undermine the increasingly harmonious relationship between India and Pakistan.

Continued .....

Ongoing News As It Arrives From The Editor
House Harris News

NSW: Three charged over bashed body in river - police
SYDNEY, Dec 5 AAP - Three members of one family have been charged over the death of a man found in a southern NSW river nine months ago.

ASIA: Indian 'proof' of Pakistan intel role in Mumbai: reports
NEW DELHI, Dec 5 AFP - India claims it has proof that Pakistan's powerful military intelligence agency was involved in last week's attacks in Mumbai, Indian newspapers reported on Friday.

NSW: Alleged jail drug syndicate leader charged
SYDNEY, Dec 5 AAP - Convicted murderer Bassam Hamzy, the alleged mastermind of a drug-trafficking syndicate coordinated from his NSW jail cell, has been charged with drug offences.

Vic: Police appeal for info on dumped body
MELBOURNE, Dec 5 AAP - Victorian detectives have released images of a man wanted for questioning over the death of a bashing victim found dumped beside a road in Melbourne's outer west four weeks ago.

Qld: Bali drug mules jailed for five years
BRISBANE, Dec 5 AAP - Three people linked to the Bali Nine heroin smuggling syndicate have been jailed for five years.

NSW: Man charged over fatal boat crash.
SYDNEY, Dec 5 AAP - A Sydney man has been charged over a boat crash that killed a 34-year-old woman and left him with serious injuries.

NSW: Pedophile to be monitored for five years after release
SYDNEY, Dec 5 AAP - Convicted pedophile Kenneth Tillman has been banned from seeing his grandchildren, leaving his house after 9pm and even changing his hair for the next five years.

Aust dollar closes lower as market awaits key US jobs data
SYDNEY, Dec 5 AAP - The Australian dollar has closed marginally weaker in subdued trading as financial markets await a potentially dire jobs report from the United States on Friday night.

NSW: Psychiatrist to see woman accused of murdering toddler
A woman accused of murdering her infant son .. whose body was found in a suitcase dumped in a Sydney pond .. will be examined by a psychiatrist before returning to court.

ASIA: Five killed in bomb, shootings in Thai south: police
NARATHIWAT, Thailand, Dec 5 AFP - Shootings and a bomb attack carried out by suspected separatist insurgents have killed five people including a policeman in Thailand's far south, police say.

Aust stocks lower as oil price, uncertainty drag on resources

Qld: MP apologises for threat to sue elderly woman
BRISBANE, Dec 5 AAP - A Queensland MP who threatened to sue an elderly lady who had criticised him has apologised for acting in the heat of the moment.

PAC: Climbers stranded on mountain were family friends
Wellington, Dec 5 NZPA - Two Japanese climbers stranded on New Zealand's Aoraki/Mt Cook were not just guide and client - they were family friends.

Fed: Charges expected over death of dad pushed off bridge
CANBERRA, Dec 5 AAP - Police say they're likely to charge three people later on Friday over the death of NSW father-of-four Danny Ralph.

NSW: Warrants issued after Sydney kava bust
SYDNEY, Dec 5 AAP - Customs investigators in Sydney have seized four tonnes of kava, an intoxicating powder made from the root of the kava plant.

NSW: Karaoke bar set alight with molotov cocktails
SYDNEY, Dec 5 AAP - A gang of youths has firebombed a Sydney karaoke bar with molotov cocktails.

FED: Welfare payments tied to school attendance under bill
CANBERRA, Dec 4 AAP - Parents could have their welfare payments suspended if their children wag school, under a bill passed by federal parliament.

Fed: Bill defeated which would have eased laws for job seekers
The federal opposition has joined with independent senator NICK XENOPHON .. to kill a bill which would have eased sanctions on job seekers that don't look for work.

NSW: Ringleader of drug syndicate operated from jail
SYDNEY, Dec 4 AAP - A convicted murderer allegedly made about 460 calls a day on a smuggled mobile phone as he coordinated a $250,000-a-week drug trafficking syndicate from his maximum security jail cell.

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