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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.


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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 US preparing for troop buildup in Afghanistan

WASHINGTON, Dec 5 AP - The US military is beginning a massive building effort in Afghanistan to house the roughly 20,000 additional troops, including an undetermined increase in marines, that are expected to begin pouring in early next year, a top military officer said on Friday.

Major General Michael Tucker, deputy commander for operations for US forces in Afghanistan, told reporters military leaders are anticipating a "very active winter" of insurgency attacks.

Feature Story World must learn to live with terror: conference told

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.

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.

House Harris News Editor Selected
Todays Main Feature Story
Govt inactive as author remains in Thai jail, family says

07 Dec 2008 10:03 PM

MELBOURNE, Dec 7 AAP - The family of an Australian author who is in a Thai jail accused of insulting the nation's royal family says the federal government has not done enough to secure his freedom.

Former Melbourne man Harry Nicolaides was arrested on August 31 at Bangkok Airport on his way back to Australia.

The 41-year-old expatriate is facing one charge of criticising the royal family which carries a maximum prison term of 15 years.

The charges arise from a reference to the royal family in a book written by Nicolaides, who teaches at the Mae Fah Luang University in the northern Thai town of Chiang Rai.

Continued .....

Ongoing News As It Arrives From The Editor
House Harris News

ASIA: Pakistan militants torch 100 NATO vehicles: police
PESHAWAR, Pakistan, Dec 8 AFP - Armed militants torched nearly 100 vehicles destined for NATO forces in Afghanistan early on Monday, the second such raid in Pakistan in two days, police said.

CHI: Kiss of deaf: woman loses hearing in passionate pucker
SHANGHAI, Dec 8 AFP - A passionate kiss ruptured a young woman's eardrum in southern China, state media reported on Monday, in what has been dubbed the "kiss of deaf".

NSW: Heavy rain causes flash floods in state's north
SYDNEY, Dec 8 AAP - Severe rainstorms have hit NSW's Hunter Valley and the state's north, causing flash flooding and minor property damage, emergency services say.

Fed: New doctor register could unleash unsafe doctors
Australia's peak medical body says a proposed national register for doctors would be unsafe and allow unauthorised doctors to get their hands on patients.

NSW: Teen charged with murdering best friend suffering: family
SYDNEY, Dec 8 AAP - Relatives of a 14-year-old boy allegedly killed by his best mate say the shooting was "a bad joke gone wrong" and murder charges must be dropped.

NSW: Hotel brawl proof of need for new pub laws: Rees
SYDNEY, Dec 8 AAP - A brawl involving up to 600 people outside a western Sydney bar is proof tougher regulations are needed to curb alcohol-related violence, says NSW Premier Nathan Rees.

NSW: Gun laws only to change if proven: Rees
SYDNEY, Dec 8 AAP - NSW Premier Nathan Rees says he's prepared to make changes to gun laws, but only if it is proven that stricter measures are required.

NSW: Bankstown airport closed after light plane crash
Sydney's Bankstown airport was closed for more than an hour hour this morning after a light aircraft crashed on a runway.

FED: Gun as medical device for the elderly
SYDNEY, Dec 8 AAP - A US gun company will market a pistol to elderly Americans that will be subsidised by the government in the same way as a wheelchair or walking frame.

NSW: Three police should face charges over breath tests - PIC
SYDNEY, Dec 8 AAP - A commission has recommended criminal charges against three police officers who have admitted they helped locals dodge drink-driving charges in regional NSW.

NSW: Sex cartoon based on The Simpsons is child porn: judge
SYDNEY, Dec 8 AAP - A man charged over cartoons showing sex acts involving children modelled on The Simpsons characters has failed to have his child pornography convictions overturned.

NSW: Court application could kill tax case against Paul Hogan
SYDNEY, Dec 8 AAP - If Paul Hogan is successful in getting rid of the team currently investigating his alleged tax evasion the entire probe could be abandoned, the Federal Court has been told.

NSW: Prisoner Bassam Hamzy in court on drug mastermind charges
SYDNEY, Dec 8 AAP - Bassam Hamzy has appeared in court over the alleged masterminding of a drug-trafficking syndicate coordinated from his NSW jail cell.

VIC: 'Hot chocolate thief' targetting cashed-up women
MELBOURNE, Dec 8 AAP - A woman who spills hot chocolate on cashed-up bank customers and then robs them while pretending to help has made off with at least $24,000.

Rudd launches new TV channel for 'political junkies'
CANBERRA, Dec 8 AAP - A new TV channel dedicated solely to politics will give political tragics a new way to drive their families mad, Prime Minister Kevin Rudd says.

FED: Govt "trying to water down" Work for Dole
The federal government has been accused of trying to water down Work for the Dole by cutting funding for the program.

FED: Size doesn't matter in redback world - study
SYDNEY, Dec 8 AAP - Size doesn't necessarily matter in the redback spider world, with a new study showing that while large males outperform smaller ones in head-to-head mating contests, the small ones make more successful lovers.

CHN: China in 'strong protest' to France over Dalai Lama meeting
BEIJING, Dec 7 AFP - China has lodged a "strong protest" with France over President Nicolas Sarkozy's meeting with the Dalai Lama, saying it had affected China's ties with Europe, state media reports.

Fed: Govt inactive as author remains in Thai jail, family says
MELBOURNE, Dec 7 AAP - The family of an Australian author who is in a Thai jail accused of insulting the nation's royal family says the federal government has not done enough to secure his freedom.

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