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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

FED: Labor denies trialling flawed internet censorship technology
CANBERRA, Dec 23 AAP - The federal government has distanced itself from a report that found internet censorship technology under consideration is seriously flawed.

Qld: Son sees father electrocuted
BRISBANE, Dec 23 AAP - An 11-year-old boy has watched his father be electrocuted while trying to retrieve a kite caught in power lines.

NSW: Couple charged over kilo of coke in car
SYDNEY, Dec 23 AAP - A man and a woman have been charged after police seized a kilogram of cocaine worth almost half a million dollars during a vehicle stop in Sydney.

NSW: Greek Orthodox priest found guilty of assaulting parishioner again
A Greek Orthodox priest has been found guilty of assaulting the same parishioner for the second time this year.

NSW: Man's body pulled from Sydney river
A man's body has been pulled from a river in Sydney's west.

WA: Police officer shoots himself at police station
PERTH, Dec 23 AAP - The shooting death of a police officer at a West Australian police station was a tragic event in the lead-up to Christmas, WA Police Commissioner Karl O'Callaghan says.

US: Schwarzenegger has presidency in his sights
LOS ANGELES, Dec 22 DPA - Former action movie star Arnold Schwarzenegger has not satiated his political ambitions by serving as California governor.

NSW: Man charged over $6.8 million bank fraud
A 39-year-old man has been arrested and charged with obtaining money by deception .. following the disappearance of 6.8 million dollars from a Sydney bank.

NSW: Two men charged over club hold up
SYDNEY, Dec 23 AAP - Two men have been charged over an armed hold up at a bowling club in central western NSW.

NSW: NSW govt announces gun amnesty
SYDNEY, Dec 23 AAP - The NSW government has announced a three-month amnesty targeting unregistered and unlicensed firearms, in a crackdown on gun crime across the state.

Internet economy could shrink in 2009 - OECD
PARIS, Dec 22 AFP - The internet economy could shrink in 2009 because of the worldwide downturn, the OECD warned Monday in a report that forecast contraction of the semiconductor industry and cutbacks by corporate customers.

NSW: National Holiday Road Toll Rises to 17
The national holiday road toll has risen to 17 .. with the death of a motorcyclist in Victoria and a woman in Queensland overnight.

Vic: Capture averts environmental disaster
An illegal immigrant who threatened to cause an environmental disaster in Victoria has been apprehended after five years on the run.

NSW: National Holiday Road toll rises to 15
The national holiday road toll has risen to 15, with the death in New South Wales of an elderly pedestrian.

NSW: Death of elderly pedestrian brings holiday road toll to six
SYDNEY, Dec 23 AAP - An elderly pedestrian has died after he was run over in Sydney, bringing the holiday road toll in NSW to six.

EUR: Blood from mosquito traps Finnish suspect
Police in Finland believe they've caught a car thief .. thanks to a DNA sample taken from a sample of his blood found inside a mosquito.

EUR: Pope says he's not a rock star
VATICAN CITY, Dec 22 DPA - Pope Benedict XVI has fondly recalled his participation in World Youth Day in Sydney, but warned such events should not be mistaken for "rock festivals".

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.

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