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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.


High Scores
P-plate driver returned blood alcohol reading of 0.265

06 Dec 2008 8:18 AM

SYDNEY, Dec 6 AAP - A P-plate driver has returned a blood alcohol reading of 0.265 after allegedly flagging down a police car in northern NSW.

Police said a 26-year-old woman had her licence confiscated after she returned a high-range PCA reading near Tamworth about 8pm (AEDT) on Friday.


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Feature Story Experts urge police to improve relations with public

MELBOURNE, Dec 19 AAP - After a week of anger and accusations, a sad funeral song perhaps summed up the death of 15-year-old Tyler Cassidy best.

The pop song "Forever Young" celebrates the innocence of youth and brought tears to a packed St John the Baptist Catholic church in Melbourne on Thursday.

Feature Story 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.

The government will scrap the means test, meaning all Australian homes will qualify for a rebate worth up to $7,500.

Feature Story Police arrest Chopper Read

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.

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.

All House Harris News Articles are individually selected by The Editor
Todays Main Feature Story
Israel threatens major offensive against Gaza

By Ron Bousso 22 Dec 2008 12:45 AM

JERUSALEM, Dec 21 AFP - Israel threatened on Sunday to launch a major offensive against the Hamas-ruled Gaza Strip as violence simmered around the impoverished territory days after the end of a truce with the Islamists.

Senior officials said after the weekly cabinet meeting that Israel is preparing a "response" to continuing rocket strikes from the besieged Palestinian coastal strip.

"We are preparing our response to the Hamas threat, with the decision yet to be taken on the timing and the scale," Amos Gilad, a senior adviser to Defence Secretary Ehud Barak, told public radio after ministers debated whether to launch a major ground incursion.

"We have to prepare for it carefully, like for a surgical operation," he said.

Continued .....

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

JPN: Marx 'Das Kapital' comic finds new fans in Japan
TOKYO, Dec 22 AP - Just in time for Christmas, Karl Marx is finding a new audience among Japanese comic book fans.

MID: Hamas threatens suicide attacks in Israel
GAZA CITY, Dec 22 AFP - Hamas is threatening to resume suicide attacks if Israel launches an offensive on its Gaza stronghold, as the Jewish state kicks off a diplomatic campaign to win support for any military action.

QLD: Police record more than 8000 traffic offences in three days
BRISBANE, Dec 22 AAP - Queensland police have recorded more than 8,000 traffic offences, such as drink driving and speeding, in the past three days.

NSW: Attack victim says police overreacted by shooting woman
SYDNEY, Dec 22 AAP - A man who was allegedly attacked by a woman who police say was wielding a knife claims a NSW police officer overreacted by shooting her.

FED: New Holden car can help drive economy forward, says Rudd
CANBERRA, Dec 22 AAP - People aren't buying new cars but that hasn't stopped the federal government giving Holden $149 million to build more of them.

NSW: Stabbed boy's grieving parents call for end to knife crime
SYDNEY, Dec 22 AAP - The grieving parents of a boy fatally stabbed in a fight on a Sydney train have made an emotional appeal for kids not to carry knives, saying their son was too young to die.

Vic: Body pulled out of Yarra
MELBOURNE, Dec 22 AAP - A man whose body, with bound hands, was pulled out of a busy Melbourne shipping channel on Monday is believed to have been reported missing.

Aust stocks close lower as investors clear up for Xmas
The Australian stock market closed lower today on the back of weaker resources and banking sectors.

Vic: GBH drug drama prompts death concerns
MELBOURNE, Dec 22 AAP - Authorities say it is only a matter of time before someone dies from taking dangerous party drugs or mixing them with alcohol or other concoctions.

Vic: Body pulled out of Yarra
A body has been pulled out of the Yarra River in Port Melbourne .. with police saying it had its hands bound.

PAC: NZ spammer receives hefty fine
A Queensland-based New Zealander will be almost 93 thousand dollars out of pocket after admitting his part in an international spam email operation.

NSW: Boy accused of train murder refused bail
SYDNEY, Dec 22 AAP - A 16-year-old boy charged with the murder of a teenager who was stabbed in a fight on a train in Sydney's south-west has been refused bail and will spend Christmas behind bars.

NSW: Holiday road toll now five after truck crash at Coffs
The Christmas road toll in NSW has increased to five .. after a driver was killed when his semi-trailer rolled on the Pacific Highway near Coffs Harbour.

NSW: Suspected home invader arrested after falling through roof
SYDNEY, Dec 22 AAP - A man wanted over two Sydney home invasions tried to evade capture by hiding in the attic of his own home, but was arrested after falling through the ceiling.

Vic: Police target pubs, clubs in crackdown on boozy behaviour
MELBOURNE, Dec 22 AAP - Pubs and clubs across regional Victoria will be targeted in a massive police crackdown on alcohol-fuelled behaviour and violence over the Christmas holiday.

FED: Hicks does not want to go back to Afghanistan
CANBERRA, Dec 22 AAP - Former Guantanamo Bay prisoner David Hicks has no intention of travelling back to Afghanistan, his father says.

Fed: Aust getting closer to joining information superhighway's fast lane
CANBERRA, AAP - It's the most significant infrastructure project to be undertaken in Australia since the Snowy Mountains scheme and promises to catapult the nation into the information superhighway's fast lane.

NSW: National holiday road toll hits 13
SYDNEY, Dec 22 AAP - The national holiday road toll has risen to 13, following the death of a motorcyclist in a collision with a bus on the NSW mid-north coast.

MID: Israel threatens major offensive against Gaza
JERUSALEM, Dec 21 AFP - Israel threatened on Sunday to launch a major offensive against the Hamas-ruled Gaza Strip as violence simmered around the impoverished territory days after the end of a truce with the Islamists.

NSW: Motorcyclist killed on mid-north coast
SYDNEY, Dec 21 AAP - The NSW holiday road toll has risen to four, after a motorcyclist was killed in a collision with a bus on the state's mid-north coast.

Fed: Death in WA brings national holiday toll to 12
A fatal rollover in the remote West Australian town of Leonora is the first traffic fatality in the state this Christmas season .. bringing the national holiday toll to 12.

ASIA: Taliban dismiss planned US troop increase
KANDAHAR, Afghanistan, Dec 21 AFP - The Taliban has dismissed US plans to send as many as 30,000 additional troops to Afghanistan, warning the US-led coalition will be defeated as the Russians were in the 1980s.

Qld:Woman found dead with stab wounds, man charged with murder
BRISBANE, Dec 21 AAP - A 53-year-old man has been charged with murder after a woman was found stabbed to death in a central Queensland house.

NSW: Police had tasers but no one to use them
SYDNEY, Dec 21 AAP - A junior police officer who shot a knife-wielding woman in western Sydney was not qualified to use a Taser stun gun, despite the weapon being available at her police station.

CAM: Key dates during 50 years of Cuban revolution
Key moments in Cuba's past 50 years:

US: Biden warns economy in danger of "absolutely tanking"
WASHINGTON, Dec 20 DPA - Vice president-elect Joe Biden has warned in a television interview that the US economy is in danger of "absolutely tanking".

Vic: Death of motorist brings Vic road toll to four
MELBOURNE, Dec 21 AAP - Police are investigating the death of a motorist that brings Victoria's Christmas road toll to four.

NSW: NSW road toll rises to three after Pacific Hwy accident
SYDNEY, Dec 20 AAP - The NSW Christmas road toll has risen to three this weekend after a teenager was killed when a four wheel drive vehicle rolled on the Pacific Highway in the state's north.

NSW: Woman in hospital after being shot by police
SYDNEY, Dec 21 AAP - A Sydney woman is in hospital after being shot by police when she attacked officers with a knife.

Vic: Twelve youths who overdosed in hospital after rave party
MELBOURNE, Dec 21 AAP - Twelve youths who overdosed on drugs are in hospital after a Melbourne rave party.

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