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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 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.

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

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.

House Harris News Editor Selected
Todays Main Feature Story
Hotel brawl proof of need for new pub laws: Rees

08 Dec 2008 4:22 PM

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.

Police had to call in the riot squad, Pol Air helicopter and the dog squad to disperse the crowd outside Parramatta's Roxy Hotel about 11.45pm (AEDT) on Sunday.

Two security guards were taken to hospital after one was glassed in the brawl.

A 28-year-old man suffered facial cuts, while a 32-year-old man sustained facial injuries, police said

The Roxy Hotel is one of 48 pubs that must observe new regulations introduced by the state government.

Continued .....

Ongoing News As It Arrives From The Editor
House Harris News

Vic: Man accused of mate's killing was fascinated with guns
MELBOURNE, Dec 9 AAP - A man who shot dead his friend and dumped his body outside a Melbourne hospital had a fascination with guns, a court has been told.

NSW: Man charged with firearms offences after boy's death
SYDNEY, Dec 9 AAP - A man, believed to be the father of a teenager who accidentally shot dead his best friend, has been charged with firearms offences.

Fed: Aussie escapes jet crash inferno
MELBOURNE, Dec 9 AAP - Australian Bill Dusting's life depended on a split second decision whether to turn left or right in San Diego on Monday.

US: Aussie escapes jet crash inferno
An Australian man says he fled for his life as a fighter ploughed into houses in the US city of San Diego .. killing at least three people in the fiery aftermath.

WA : Police hunt attacker who firebombed station with ute
PERTH, Dec 9 AAP - Perth police are hunting for an attacker who backed a ute up to a police station and set a 220-litre fuel tank on fire, gutting the reception area and adjoining offices.

Fed: Aussie survives 18 hours on ice after stricken plane sinks
SYDNEY, Dec 9 AAP - An Australian expat and a colleague scrambled to safety moments before their stricken plane sank in Arctic waters following an emergency landing on "mushy" ice.

NSW: Police probe suspicious death of man found near Blayney
SYDNEY, Dec 9 AAP - A man found dead in a car in central-west NSW may have died in suspicious circumstances, police say.

US: Iraqis demand harsh penalty for Blackwater guards
BAGHDAD, Dec 8 AP - Iraqi victims of a deadly shooting in Baghdad last year demanded the harshest penalty for five Blackwater Worldwide security contractors who surrendered to US authorities on Monday after being indicted in an incident that left 17 people dead.

US: 9/11 suspects ask to make 'confessions' at Guantanamo
GUANTANAMO BAY NAVAL BASE, Cuba, Dec 8 AP - Five men charged with plotting the September 11 attacks told a military judge on Monday they want to immediately confess at their war-crimes tribunal at Guantanamo Bay.

MID: Muslim pilgrims stone Satan at the hajj
MINA, Saudi Arabia, Dec 8 AFP - Hundreds of thousands of Muslim pilgrims massed in a valley near the Saudi holy city of Mina on Monday for the stoning of Satan, the last and most dangerous rite of the annual hajj.

US: Wall Street joins global stock surge
NEW YORK, Dec 8 AFP - US shares leapt at the open on Monday, after rallies in global markets on hopes that a big stimulus planned by president-elect Barack Obama will ease the worldwide financial crisis.

MID: Hard times hit the Feast of the Sacrifice in Iraq
BAGHDAD, Dec 8 AFP - At a time of year when Muslims sacrifice animals to mark the feast of Eid al-Adha at the end of the hajj, sheep in Iraq are almost worth their weight in gold because of drought and poor pastures.

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.

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