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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.

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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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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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Porsche vs Bikes
Porsche and motorcycles in 224km/h road race

20 Dec 2008 4:24 PM

SYDNEY, Dec 20 AAP - The drivers of a Porsche and two motorcycles have had their vehicles confiscated after reaching speeds of more than 220km/h in an alleged road race.

Police say the three men were racing along a 100km/h zone of the Pacific Highway on the far north NSW coast on Saturday about 10.40am (AEST).

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Turbo Rice vs RX7
Two drivers to stand trial over passenger death

15 Dec 2008 5:38 PM

MELBOURNE, Dec 15 AAP - Two young men accused of drag racing before a crash that killed a 15-year-old boy will stand trial.

Mitchell Cairnduff, of Wheelers Hill, died when a turbo-charged Mitsubishi Lancer driven by Jarrod Rooke hit a taxi at 120km/h, the Melbourne Magistrates Court heard.

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Feature Story Israel warns of ground offensive as jets pound Hamas in Gaza

GAZA CITY, Dec 28 AFP - Israel has warned it could send ground troops into Gaza as its warplanes continued to pound Hamas targets in the overcrowded enclave where nearly 230 Palestinians have been killed.

"We are ready for anything. If it's necessary to deploy ground forces to defend our citizens, we will do so," a spokesman for Defence Minister Ehud Barak quoted him as saying.
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Feature Story More than 200 dead as Israel hammers Hamas-run Gaza

GAZA CITY, Dec 27 AFP - Israel hammered Hamas targets in Gaza on Saturday, killing at least 205 people in retaliation for ongoing rocket fire in one of the bloodiest days of the decades-long Middle East conflict.

Israeli Defence Minister Ehud Barak said "Operation Cast Lead", which has also left about 300 wounded, would continue "as long as necessary".
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Feature Story Massive Israeli air raids on Gaza kill 120: Palestinians

GAZA CITY, Dec 27 AFP - Israeli aircraft launched a massive wave of air strikes on Hamas compounds inside the Gaza Strip, killing at least 120 Palestinians, medics said.

Most of the dead are believed to have been inside police headquarters, Hamas said.
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Feature Story 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.

Senior officials said after the weekly cabinet meeting that Israel is preparing a "response" to continuing rocket strikes from the besieged Palestinian coastal strip.
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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.
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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.
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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.
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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.
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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.
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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.
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All House Harris News Articles are individually selected by The Editor
Todays Main Feature Story
Israeli jets bomb Gaza, Hamas fires back with deadly rockets

By Mai Yaghi 29 Dec 2008 8:44 PM

GAZA CITY, Dec 29 AFP - Israeli jets have bombed Hamas targets in Gaza for a third day, killing several children, while the Islamists fired deadly rockets to retaliate for the blitz that has left more than 300 dead.

As Israeli tanks massed on the Gaza border, the army declared the area a closed military zone - a move that in the past has often been followed by ground operations in the Palestinian enclave.

Amid mounting international calls for a halt to the violence, Israel allowed the passage of humanitarian aid into the impoverished and overcrowded territory where most of the 1.5 million population depends on foreign aid.

Hamas militants remained defiant on Monday, firing some 20 rockets into Israel.

Continued .....

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

NSW: Man missing after dramatic river plunge
SYDNEY, Dec 31 AAP - A search will resume on Thursday for a man who jumped from a bridge into a river north of Sydney during a New Year's Eve drama in which police prevented a woman and two children from also jumping.
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Vic: Revellers see out 2008 the white way
MELBOURNE, Dec 31 AAP - All dressed in white, it was hard to know if revellers at the Sensation dance party in Melbourne were trying to whitewash a tough year just gone or start 2009 afresh.
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Aust dollar closes closes flat on last day of 2008
SYDNEY, Dec 31 AAP - The Australian dollar closed flat in quiet trading on Wednesday, with end of year transactions rather than economic data directing currency movements.
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MID: Egypt cancels New Year's Eve over Gaza 'massacres'
Egypt has cancelled official New Year's Eve events in solidarity with the suffering of the Palestinians being massacred in Gaza.
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MID: Israel rules out temporary ceasefire in Gaza
JERUSALEM, Dec 31 AFP - Israel has ruled out agreeing to a temporary truce in its offensive on Hamas targets in the Gaza Strip, a senior Israeli official says.
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NSW: Siege on NSW mid-north coast ends peacefully
SYDNEY, Dec 31 AAP - A long siege at a NSW mid-north coast property has ended peacefully, with a gunman surrendering to police and handing over his last hostage, an eight-year-old boy.
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NSW: Siege standoff continues in NSW mid-north coast
SYDNEY, Dec 31 AAP - Four hostages have been released but police late on Wednesday were locked in a marathon standoff with a 41-year-old armed man on a NSW mid-north coast property.
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Qld: Stabbings rife on eve of a new year
Queensland police are urging New Year's Eve partygoers to exercise caution after four recent stabbings in Brisbane.
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NSW: Hostages freed in coastal NSW siege
SYDNEY, Dec 31 AAP - Four hostages have been released but negotiators are still talking to a gunman who held them captive on a NSW mid-north coast property.
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MID: Iraq signs military accords with Britain, Australia
Australia and Britain have officially signed a military agreement with Baghdad to withdraw their troops from Iraq by June 30 next year.
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NSW: Man barricades himself inside home with hostages
SYDNEY, Dec 31 AAP - A man has taken hostages and barricaded himself inside a house on the NSW mid-north coast.
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Qld: Man blows six times legal limit
BRISBANE, Dec 31 AAP - Queensland police have caught a man with an alleged blood alcohol reading more than six times the legal limit.
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NSW: Crowds queue for hours for prime fireworks viewing spots
SYDNEY, Dec 31 AAP - Thousands of people have queued for hours to grab a prime spot to view the New Year's Eve fireworks display on Sydney Harbour.
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NSW: New sex offence laws from January 1
SYDNEY, Dec 31 AAP - New measures aimed at safeguarding adults and children from sexual predators come into force on Thursday.
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Fed: Holiday road toll moves to 43 after NSW deaths
SYDNEY, Dec 30 AAP - Two deaths in NSW have taken the national holiday road toll to 43.
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MID: Two girls killed in new Israeli strike on Gaza
GAZA CITY, Dec 30 AFP - A fresh Israeli air strike on the Hamas-run Gaza Strip has killed two sisters aged four and 11, Palestinian medical sources say.
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Fed: Holiday road toll remains at 41
It's been almost 24 hours since any fatalities have been reported on Australia's roads .. with the national holiday road toll staying at 41.
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MID: Israeli patrol boat rams aid ship off Gaza
JERUSALEM, Dec 30 AFP - The Israeli navy has rammed a boat loaded with medical supplies that was trying to break its blockade of the Gaza Strip, the pro-Palestinian charity operating the vessel says.
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Fed: Retirees likely to save, not spend stimulus grants
A new report's suggesting a lot of the government's 10 billion dollar stimulus package may go unspent as retirees tighten belts to weather the global economic downturn.
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Fed:Police out in force as a nation celebrates
MELBOURNE, Dec 30 AAP - As a year of financial gloom is farewelled and more of the same is anticipated, Australia will do its best to squeeze in at least one night where troubles are forgotten.
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ACT: Motorcyclist charged after posting YouTube joyride video
A motorcyclist is facing serious charges after allegedly filming himself speeding through Canberra's streets before posting the footage on the internet.
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Aust stocks close higher, boosted by oil and gold stocks
INDEX MOVEMENT POSITION INDEX MOVEMENT POSITION
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Qld: New laws to hit some in the hip pocket
BRISBANE, Dec 30 AAP - Queensland drivers caught speeding, not wearing a seatbelt or using a mobile phone will be hit harder under new laws from January 1.
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MID: Aussie activist rides out Israeli onslaught in Gaza
An Australian human rights activist in the Gaza Strip says a 55-year-old grandmother was one of the innocent victims killed in the first round of Israeli bombings.
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NSW: Elderly canoeist dies after storm hits
SYDNEY, Dec 30 AAP - An elderly man has died after being thrown from his canoe in a strong thunderstorm off the NSW mid-north coast.
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NSW: Accountant charged with fraud after shop owner swindled
SYDNEY, Dec 30 AAP - An accountant has been charged with fraud after a business owner in Sydney's inner-west was fleeced of almost $300,000.
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NSW: Man charged after explosives fired at police car
SYDNEY, Dec 30 AAP - A man has been charged after launching fireworks at a police car in Sydney's west.
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NSW: 'Terrifying' storm rips roofs off homes in country town
SYDNEY, Dec 30 AAP - A storm that ripped roofs from homes as it lashed through a small town in northern NSW was "terrifying", the owner of the local pub says.
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NSW: Man arrested after dramatic chase on motorbikes
SYDNEY, Dec 30 AAP - A man wanted for an armed break-in has been arrested on the NSW north coast following a police chase through a number of paddocks.
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Aust dollar higher at noon, bonds mixed
SYDNEY, Dec 30 AAP - The Australian dollar was higher at noon after the escalation of tensions in the Middle East caused commodities prices to rise and the US dollar to weaken.
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