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Standing Wager
Merchant of gloom makes a bet

29 Nov 2008 2:30 AM

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.


High Scores
Police dissappointed by young drivers

14 Dec 2008 4:28 PM

Police have arrested a man for driving at 237 kilometres-an-hour on Sydney's Hume Highway.

And .. they say they are extremely disappointed with instances of irresponsible driving by young and inexperienced motorists overnight.


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Feature Story Solar power energises outback Qld town

BRISBANE, Dec 14 AAP - Solar energy is powering a small outback town in south-west Queensland.

Prime Minister Kevin Rudd and Queensland Premier Anna Bligh on Sunday witnessed the emissions-free energy production at Australia's newest solar farm at Windorah - a Queensland first.

Feature Story Big fines and dumped alcohol for NYE drunks: police

SYDNEY, Dec 13 AAP - Police admit new laws including fines of up to $2,200 to curb alcohol-fuelled violence on New Year's Eve, might antagonise drunken louts.

Revellers ringing in the New Year in Sydney risk having their alcohol poured out and copping massive fines if they resist.

Feature Story Man pointed gun at police in dramatic arrest

SYDNEY, Dec 11 AAP - A man pointed a gun at police before surrendering in a dramatic arrest in the carpark of a club which had just been held up, police say.

Police have charged four men after staff at a licensed club were confronted by two men wearing balaclavas and armed with a shotgun in Hexham in the NSW Hunter region about 11.30pm (AEDT) on Wednesday.

Feature Story Consumers happier as interest rates tumble

CANBERRA, Dec 10 AAP - Big interest rate cuts, a huge cash injection from the government and tumbling petrol prices have bolstered the spirits of consumers.

And it is not just retailers that may benefit - demand for home loans has also increased, including from first-time buyers.

Feature Story 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.

He was running in blind panic from a pilot-less jet fighter aircraft that seemed to have him firmly in its in sights as it plunged to earth.

Feature Story 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.

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.

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.

All House Harris News Articles are individually selected by The Editor
Todays Main Feature Story
Police arrest Chopper Read

By Greg Roberts 15 Dec 2008 5:55 PM

MELBOURNE, Dec 15 AAP - Notorious criminal turned author Mark "Chopper" Read was arrested and then released on Monday after being allegedly attacked by a man with a tomahawk in a Melbourne street.

The 54-year-old confessed murderer became involved in a fight in inner-suburban Collingwood when he was approached by another 54-year-old man.

It is believed the man pulled out a tomahawk and a fight broke out about 11am (AEDT) on Monday.

"He said `Chopper Read, you're not in H Division now', and started swinging a tomahawk at me," Read told reporters outside the Richmond police station.

Continued .....

Regularly Updated News As It Arrives From The Editor
House Harris News

Vic: Police, youth relations at worrying low after teen's death
MELBOURNE, Dec 17 AAP - Relations between Victoria Police and the community are at a dangerous low after the shooting of teenager Tyler Cassidy, a crime expert has warned.

Vic: Police, youth relations at worrying low after teen's death
MELBOURNE, Dec 17 AAP - Relations between Victoria Police and the community are at a dangerous low after the shooting of teenager Tyler Cassidy, a crime expert has warned.

Vic: Police warned to improve image after shooting
Victoria Police have been warned the fatal shooting of a teenage boy last week has sent relations with the community to a dangerous low.

Fed: Govt backflips on means test for solar rebate
CANBERRA, Dec 17 AAP - All households will be able to get half-price solar panels after the federal government abandoned its unpopular decision to means-test its solar rebate.

Fed: Works stops at zinc mine following court ruling
DARWIN, Dec 17 AAP - Work has halted on the expansion of one the world's largest zinc mines following a landmark Federal Court decision in favour of Aborigines fighting to save a sacred river.

Vic: Arrests over ramraids
MELBOURNE, Dec 17 AAP - Nine people have been arrested over a series of ramraids in Melbourne's northern suburbs over the past six weeks.

SA: Police worried bank robbing "Bandit" will strike again soon
Police expect Adelaide's Bicycle Bandit .. responsible for nine armed bank robberies .. to strike again soon.

Aust stocks close higher, but fail to follow big US lead

Fed: What you'll pay for solar panels
Cost of installing solar panels under the new rebate system:

ASIA: Heavy fighting kills 145 in Sri Lanka: military
COLOMBO, Dec 16 AFP - Intense fighting in northern Sri Lanka has left at least 25 government troops and 120 Tamil Tigers dead in ongoing battles for the rebels' political capital, a military spokesman says.

FED: Give poor students more cash to study: Bradley
CANBERRA, Dec 17 AAP - Students struggling to survive on meagre incomes while at university should be given a break, a review of tertiary education says.

Qld: Police ring in New Year with tasers
The new year will see Queensland police armed with new crime-fighting stun guns.

WA: Missing fisherman made a shanty from car parts: police
Police in Western Austrlaia say a 38-year-old power worker caught rainwater and fish and pulled his car apart to survive eight days lost in the remote East Kimberley.

US: Teen pleads guilty in 'Mortal Kombat' death
GREELEY, Colorado, Dec 15 AP - A Colorado man has pleaded guilty in connection with the death of his girlfriend's 7-year-old half-sister during an apparent imitation of the Mortal Kombat video game.

NSW: Two more men arrested over child sex offences at Bathurst
SYDNEY, Dec 16 AAP - Two more men have been arrested over alleged child sex offences at a boarding school in central western NSW, police say.

NSW: Woman jailed for at least four years for killing husband
SYDNEY, Dec 16 AAP - A heavily intoxicated woman who stabbed her husband to death with an antique knife has been jailed for at least four years.

NSW: Bones on balcony investigation moves to Germany
SYDNEY, Dec 16 AAP - The discovery of a bag of human bones on a balcony has raised suspicions an elderly man killed his wife and kept her remains hidden for up to eight years.

NSW: Elderly woman dies after hit and run on highway
SYDNEY, Dec 16 AAP - An elderly woman has died after being struck in a hit-and-run accident and then run over by a second car in the NSW Blue Mountains.

Qld: Police officer charged with drink driving
BRISBANE, Dec 16 AAP - A police officer has been charged with drink driving on the Gold Coast.

NT: Quolls fight back from brink of extinction on NT islands
DARWIN, Dec 16 AAP - Hiding out on islands off Arnhem Land are a group of endangered quolls.

EUR: Ponzi: an age-old fraud scheme that inevitably collapses
PARIS, Dec 15 AFP - The Ponzi scheme, or pyramid fraud, is a scam named after con artist Charles Ponzi that relies on a pyramid of investors who contribute money to a fraudulent program.

VIC: Officer shot at teen's legs before fatal shots fired:report
MELBOURNE, Dec 16 AAP - One of the three police officers who shot and killed a teenage boy reportedly tried to shoot his legs as he advanced on them, allegedly wielding two stolen knives.

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