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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 Possible New Blow
Man blows six times legal limit

31 Dec 2008 2:16 PM

BRISBANE, Dec 31 AAP - Queensland police have caught a man with an alleged blood alcohol reading more than six times the legal limit.

A 28-year-old man from Peak Crossing was stopped overnight for a random breath test in the nearby town of Boonah, south-west of Brisbane, and allegedly blew .303 per cent.

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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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High Scores Oldest Hoon
I'm a skilled driver, says 78yo hoon

By Michelle Draper 06 Jan 2009 5:31 PM

MELBOURNE, Jan 6 AAP - A 78-year-old hoon caught speeding at 170km/h on a narrow country road on New Year's Day told police he was a skilled race driver.

Victorian Premier John Brumby, however, was not impressed with John Belfield's claims, labelling Australia's oldest hoon driver an "idiot", while police said he was toying with death.i

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House Harris
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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Feature Story UN suspends aid deliveries to Gaza, citing attacks

GAZA CITY, Jan 8 Agencies - The United Nations halted aid deliveries to the besieged Gaza Strip on Thursday, citing Israeli attacks on its staff and installations hours after it said gunfire from an Israeli tank killed one of its drivers as he was picking up a shipment.

The United Nations has already demanded an investigation into Israel's shelling of a UN school in Gaza that killed 43 people earlier this week. Israel and residents said militants were operating in the area at the time.
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Feature Story Wanking drug runner sentenced to prison

DARWIN, Jan 7 AAP - A drug-runner who filmed himself masturbating while driving at 150 km/h has been sentenced to two months jail.

Brendon Alan Erhardt, 39, was pulled over by police on July 16 last year, 25km south of Daly Waters.
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Feature Story Fierce Israel-Hamas firefights in Gaza capital

GAZA CITY, Jan 6 AFP - Israeli troops and Hamas militants fought their first major battles in Gaza City on Monday after tanks and helicopters launched a night-time offensive, with three Israelis killed by "friendly" fire.

Explosions and heavy machine-gun fire rocked the Shejaiya district of the city in the heaviest fighting yet of Israel's campaign to halt militant rocket attacks.
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Feature Story Israeli army moves on Gaza City as war toll passes 510

GAZA CITY, Jan 5 AFP - Tens of thousands of Israeli troops have been battling Hamas fighters in Gaza amid tank, artillery and air strikes, as the death toll from the offensive to end rocket attacks passed 510.

Israeli forces moved into the fringes of Gaza City early on Monday as families fled or hid on the second night of combat.
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Feature Story Israeli tanks, troops enter Gaza in ground offensive

GAZA CITY, Jan 4 AFP - Israeli tanks and troops entered Gaza late on Saturday and fought fierce battles with Hamas, heightening an eight-day-old offensive that has killed hundreds of Palestinians and caused widespread destruction.

A burning fuel depot hit by a tank lit up the night sky soon after troops crossed the border while the air force swooped on dozens of targets in the biggest Israeli military operation since its 2006 war in Lebanon.
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Feature Story Hamas orders 'day of wrath' over Israeli blitz

GAZA CITY, Jan 2 AFP - Israeli warplanes pounded militant targets including a mosque in Gaza on Friday as Hamas ordered a "day of wrath" against Israel over the killing of a senior commander.

Thousands of Israeli security personnel were on alert after Hamas called for "massive marches" following the main weekly Muslim prayers, starting off from the Al-Aqsa mosque compound in Jerusalem and from all mosques in the West Bank.
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Feature Story Israeli jets bomb Gaza, Hamas fires back with deadly rockets

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.
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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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All House Harris News Articles are individually selected by The Editor
Todays Main Feature Story
Aust labour market outshines US but maybe not for long

By Garry Shilson-Josling, AAP Economist 12 Jan 2009 5:49 PM

SYDNEY, Jan 12 AAP - If Australians want to gloat over how much healthier their labour market is compared with that of the US, they should get their gloating in before it's too late.

The contrast between the labour markets of the US and Australia is stark but may become less so in coming months.

The news on Friday from the US Bureau of Labor Statistics was bad.

Non-farm payrolls, the measure of employment favoured by economists, fell by over half a million in December for the second month in a row.

The annual fall in number of jobs was 2.6 million, the biggest fall in percentage terms since 1982, and the biggest fall in absolute terms since war production wound down in 1945.

Continued .....

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

SA: Bushfires destroy homes and businesses
South Australian fire fighters are expected to work throughout the night to contain a blaze which has destroyed two homes and continues to threaten properties outside Port Lincoln.
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European stocks drop at start of trading
Europe's leading stock markets dipped at the start of trade today .. with London's FTSE 100 index of leading shares down 0.43 per cent at 4,406.99 points.
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Aust dollar ends at one-month low
SYDNEY, Jan 13 AAP - The Australian dollar closed at a one-month low, shedding almost two US cents, as another bad day on Wall Street and sharp commodity price drops hit high-yielding currencies.
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Qld: Pensioner bashed with machete in case of mistaken ID: court
BRISBANE, Jan 13 AAP - Two men bashed a pensioner with a machete after mistaking him for a drug dealer they wanted to rob, a court has been told.
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NSW: Biggest Loser host sorry for welfare fraud, court told
SYDNEY, Jan 13 AAP - Biggest Loser host Ajay Rochester is sorry for claiming welfare payments when she knew she was not entitled, but deserves a second chance, her lawyer says.
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NSW: Bushfire threatening homes now under control
SYDNEY, Jan 13 AAP - A bushfire which threatened several homes in Sydney's north is now under control.
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Fed: Govt says all options on the table for further stimulus
CANBERRA, Jan 13 AAP - The impact of the slowing world economy will be felt in Australia's jobs market, with the latest figures due out on Thursday, Treasurer Wayne Swan says.
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Vic: Hunt to fight road rage assault charges
Media personality REX HUNT will argue he was defending himself .. when he punched a cyclist in a road rage attack.
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Aust stocks close lower, dragged back by resources sector
MELBOURNE, Jan 13 AAP - The Australian stock market closed lower on Tuesday, weighed upon by a weaker resources sector.
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Aust stocks almost 2 pc lower at noon
INDEX MOVEMENT POSITION INDEX MOVEMENT POSITION
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Aust dollar lower at noon, bonds stronger
SYDNEY, Jan 13 AAP - The Australian dollar was lower at noon as lower commodities prices and slumping equity markets at home and abroad dampened demand for the high-yielding currency.
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Aust stocks almost 2 pc lower at noon
INDEX MOVEMENT POSITION INDEX MOVEMENT POSITION
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NSW: Police clamp wheels of alleged street race cars
SYDNEY, Jan 13 AAP - Police have clamped the wheels of two cars involved in an alleged street race in Sydney.
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NSW: Police officer charged with assaulting woman
SYDNEY, Jan 13 AAP - A police officer in Sydney has been charged with assaulting a woman.
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QLD: Dildo-wielding man in custody
BRISBANE, Jan 13 AAP - A man wearing a black leather mask used a sex toy to belt a woman about the head before tying her pet dog to a tree until it choked to death, a court has been told.
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Fed: Neither side budges in Tassie forest showdown
CANBERRA, Jan 13 AAP - A showdown is looming in Tasmania's forests as police attempt to remove the last remaining protesters at a long-running logging blockade.
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MIDIsrael using Gaza as 'test laboratory' for new weapon: medics
OSLO, Jan 12 AFP - Israel is testing a new "extremely nasty" type of weapon in Gaza, two medics charged as they returned home to Norway on Monday after spending 10 days working at a hospital in the war-torn Palestinian territory.
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MID: Israel to hit Hamas with 'iron fist' if rockets continue
JERUSALEM, Jan 12 AFP - Israel will hit Hamas with an "iron fist" if the Islamist movement does not halt its rocket fire against the Jewish state, Prime Minister Ehud Olmert warned on Monday.
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MID: Israel, Hamas take Gaza war into cyberspace
JERUSALEM, Jan 12 AFP - Israel and Hamas have taken their war into cyberspace, with the Israeli army showing strikes on "terrorists" on YouTube and the Islamists rolling out Paltube to expose "massacres" in Gaza.
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Vic: Fire blazing at retail store in Melbourne's south
A major electrical appliance store in Melbourne's south has been extensively damaged by fire overnight.
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FED: Anti-logging activists blockade in Tasmania and Victoria
MELBOURNE, Jan 12 AAP - Anti-logging activists have ignored police warnings to leave a protest camp in the Upper Florentine Valley.
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Hong Kong shares close down 2.8 per cent
Hong Kong share prices closed 2.8 per cent lower on Monday .. led by falls in Chinese banks on concerns more major shareholders will sell down stakes, dealers said.
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Vic: Speeding hoon's behaviour outrageous: Cameron
MELBOURNE, Jan 12 AAP - Police Minister Bob Cameron has described as outrageous the behaviour of a teenager caught speeding at more than 140km/h three weeks after getting his licence.
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Jobs ads at 'recession-like' levels: survey
SYDNEY, Jan 12 AAP - Australian job advertisements have slumped to "recession-like" levels, falling by almost 10 per cent in December alone, a key employment measure has found.
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Aust dollar closes weaker on poor US jobs data
SYDNEY, Jan 12 AAP - The Australian dollar closed at its weakest level since New Year's Eve as the highest US jobless rate in 16 years sparked fears of a prolonged recession in the world's biggest economy.
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Aust stocks close lower after falls from resources and banks
MELBOURNE, Jan 12 AAP - The Australian stock market closed lower on Monday amid falls in the resources and banking sectors as a a key employment measure indicated a rising jobless rate in 2009.
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Aust labour market outshines US but maybe not for long
SYDNEY, Jan 12 AAP - If Australians want to gloat over how much healthier their labour market is compared with that of the US, they should get their gloating in before it's too late.
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Qld: One Nation's flag keeps flying
BRISBANE, Jan 12 AAP - Australia's last remaining member of the right-wing One Nation, Rosa Lee Long, will carry the party's banner into a new seat after her far north Queensland electorate was abolished in a redistribution.
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NSW: Teen charged with brawl shooting will stay in jail
SYDNEY, Jan 12 AAP - A teenage boy charged with shooting two brothers during a neighbourhood brawl in Sydney will remain in jail for another month until his next court date.
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FED: Anti-logging activists set to clash with police over camp
HOBART, Jan 12 AAP - Anti-logging activists in Tasmania are set to clash with police at a protest camp in the Upper Florentine Valley.
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