"Possessing opinions is like possessing fish, assuming one has a fish pond. One has to go fishing and needs some luck - then one has one's own fish, one's own opinions. I am speaking of live opinions, of live fish. Others are satisfied if they own a cabinet of fossils - and in their heads, "convictions". - Friedrich Nietzsche
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.
Police chase stolen car 250km from Wagga to Canberra
20 Jan 2009 12:21 PM
CANBERRA, Jan 20 AAP - Police have arrested a 26-year-old man in Canberra following a 250km high-speed car chase that started in south-western NSW.
NSW police started pursuing the stolen car in Wagga Wagga on Tuesday morning and ACT Policing took up the chase when the driver crossed the border into the territory.
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.
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).
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.
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
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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Fires contained but extreme weather looms
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Todays Main Feature Story
Another big rate cut on the way as inflation pressures ease
By Colin Brinsden, Economics Correspondent
28 Jan 2009 5:04 PM
CANBERRA, Jan 28 AAP - Rapidly moderating inflation pressures have opened the gate for another substantial interest rate cut when the Reserve Bank of Australia holds its first board meeting of the year next Tuesday.
Financial markets are pricing in the risk of a further 100 basis point cut in the central bank's official cash rate as consumer prices posted their biggest quarterly drop in more than a decade.
The RBA cut the cash rate by 300 basis points over the last four months of 2008 in an attempt to stave off an ever threatening recession.
The consumer price index (CPI) fell for the first time in two years during the December quarter because of lower prices for petrol, cars, health products and financial services.
"Inflation is expected to continue to ease over the next six to 12 months, as the full effect of weaker world economic conditions flows through," Treasurer Wayne Swan told reporters in Canberra.
Regularly Updated News As It Arrives From The Editor
House Harris News
Australians shun credit despite rate cuts (Wrap)
CANBERRA, Jan 30 AAP - Australians are turning their backs on credit, gripped by the fear of losing their job as the economic outlook turns increasingly grim. More...
NSW: Learner driver facing long list of offences
SYDNEY, Jan 30 AAP - A learner driver trying to avoid a random breath test led officers on a chase through Sydney that ended when his car caught fire and he crashed into a wall, police say. More...
Vic: Houses destroyed, records broken in heatwave
Homes have been destroyed by a bushfire in Victoria amid a heatwave that continues to take its toll on southeastern Australia. More...
Fed: Aust won't be "driven" by US move on abortion: Smith
CANBERRA, Jan 30 AAP - The Rudd government has signalled it will not be pushed into following a United States decision to lift a ban on foreign aid money being used on abortion-related services. More...
NSW: Three brothers admit killing man in brawl
SYDNEY, Jan 30 AAP - A reprimand about noise on a suburban Sydney street led to a brawl in which a teenager knifed a man to death, as the boy's brothers lay injured on the ground. More...
Qld: Police warning over ATM card skimmer
BRISBANE, Jan 30 AAP - Bank ATM users in Brisbane have been warned to look out for card-skimming devices which could cost them dearly. More...
Vic: Southeast under strain as heatwave takes its toll
MELBOURNE, Jan 30 AAP - As far as heatwaves go, the sweltering conditions in south-eastern Australia this week are remarkable. More...
NT: Fishermen found in esky don't want to go home
DARWIN, Jan 30 AAP - Two fishermen found floating in an oversized esky in the Torres Strait have told authorities they do not want to be sent home. More...
PAC: PNG man chopped up by angry mob amid sorecery claims
PORT MORESBY, Jan 30 AAP - A Papua New Guinea man accused of practising sorcery was hacked to death with bush knives by an angry mob while a doctor tried in vain to stop the brutal murder. More...
Fed:Data to show success of stimulus package next week
CANBERRA, Jan 30 AAP - Have you been doing your bit for the Australian economy during the summer break? More...
ASIA: Two Iraqi election candidates shot dead
BAGHDAD, Jan 29 AFP - Two candidates who planned to stand in Saturday's provincial elections in Iraq were shot dead on Thursday, police and army officials said. More...
EUR: Swiss police google farmers, find marijuana field
ZURICH, Switzerland, Jan 29 AP - Swiss police said on Thursday they stumbled across a large marijuana plantation while using Google Earth, the search engine company's satellite mapping software. More...
NSW: Calls to change NSW driving laws over fatal smash
A teenager who's pleaded guilty to causing the deaths of all four of his passengers .. faces up to 40 years in jail when he's sentenced in a New South Wales court today. More...
EUR: Swiss scientists say world's glaciers melting fast
ZURICH, Switzerland, Jan 29 AP - The world's glaciers thinned by an average of almost 74 centimetres in 2007, indicating that they are melting twice as fast this decade as during the 1980s and 1990s, Swiss scientists said on Thursday. More...
NSW: Man and woman arrested in dramatic daylight operation
SYDNEY, Jan 29 AAP - A man and a woman have been arrested in a dramatic peak hour police operation on the F3 motorway north of Sydney. More...
MID: Israel's chief rabbinate calls off Rome visit
JERUSALEM, Jan 29 AFP - Israel's chief rabbinate has cancelled its planned participation in a meeting with Catholic officials in Rome in March in protest at Pope Benedict XVI's decision to reinstate a Holocaust-denying bishop. More...
MID: Iraq ends licence of US security firm Blackwater
BAGHDAD, Jan 29 AFP - Iraq will not renew the operating licence of US security firm Blackwater Worldwide because of a 2007 incident involving its guards in which civilians were killed in Baghdad, an official said on Thursday. More...
Super Pit expansion approved by acting environment minister
PERTH, Jan 29 AAP - Kalgoorlie Consolidated Gold Mines (KCGM) Pty Ltd's expansion of the Super Pit gold mine in Kalgoorlie, Western Australia, has been approved by the state's acting environment minister but must meet a new set of stringent environmental conditions. More...
NSW: A 21-year-old policeman to appear in court after naked run
SYDNEY, Jan 29 AAP - A 21-year-old policeman will appear in court after allegedly running naked through a hotel carpark in the NSW central west. More...
QLD: Authorities fear dengue fever is spreading south
BRISBANE, Jan 29 AAP - Central Queensland health authorities have begun eradicating mosquitoes to stop the spread of dengue fever as fears grow of it heading further south. More...
FED: Young people refuse to leave home, get married: ABS
CANBERRA, Jan 29 AAP - Parents, brace yourselves - young adults just don't want to move out of home any more. More...
NT: Man facing molestation charges
DARWIN, Jan 29 AAP - A man has been charged with molesting a five-year-old girl in the desert town of Alice Springs. More...
NSW: Police seek information on latest ATM explosion
SYDNEY, Jan 29 AAP - An automatic teller machine in the NSW Hunter region has been blown up, but police say it's not clear if the thieves got away with any cash. More...
NSW: School boys charged with aggravated sex acts with 13yo
SYDNEY, Jan 29 AAP - Six teenagers, some dressed in school uniform, subjected a 13-year-old girl to a series of sex acts at two isolated toilet blocks and on a building rooftop in Sydney, a judge has been told. More...
Qld: Appeal over road rage murder prompts calls
GOLD COAST, Qld, Jan 29 AAP - Police investigating the road rage shooting of a Gold Coast man have received a flood of calls after an emotional appeal by his grieving partner. More...
Fed: Bushfires to burn up climate efforts
Researchers say Australia's sitting on a time bomb when it comes to greenhouse gas emissions .. with bushfires able to release as much carbon pollution as the whole of industry combined. More...
Qld: Irish traveller sent home in disgrace for bizarre crimes
BRISBANE, Jan 29 AAP - An Irish traveller has been sent home in disgrace after committing a series of bizarre crimes while drunk. More...
NSW: Police appealing for information on stolen mud crabs
SYDNEY, Jan 29 AAP - A man has been arrested after allegedly trying to sell stolen mud crabs to pub patrons, NSW police say. More...
UK: Suspect charged in Shakespeare First Folio Theft
LONDON, Jan 28 AP - British police charged a book dealer on Wednesday with stealing a rare First Folio of Shakespeare's plays from a university library a decade ago. More...
Fed: Sydney woman refused bail, kept in Kuwait jail
A Sydney woman will remain in a Kuwait jail for at least another week after she was refused bail for allegedly insulting the emir of Kuwait. More...
Fed: Country people happier than city slickers: survey
A new study shows living in country towns where everybody knows everyone else is a happier existence than the hustle and bustle of city life. More...
UK: Daisy the cow produces more milk: British study
LONDON, Jan 28 AFP - Cows with names like Daisy, Gertrude or Buttercup produce more milk than their sisters with no names, according to a British study released on Wednesday. More...
FED: Bashful poms may have skewed prostate cancer study: expert
New research shows frequent sex and masturbation in young men can lead to an increased risk of prostate cancer. More...
EUR: Threat to Germany at 'new level' after video: ministry
BERLIN, Jan 28 AFP - A new internet video from Islamic extremists threatening attacks on Germany - the second such to appear this month - represents a "new level" of threat, authorities said on Wednesday. More...
Qld: Two men charged over Qld double murder after NSW arrest
BRISBANE, Jan 28 AAP - Two men have been charged over a double murder in Queensland after being arrested in NSW. More...
Vic: Firefighters finish on top on first day of heatwave
MELBOURNE, Jan 28 AAP - Victoria's firefighters have emerged mostly triumphant from day one of what's shaping as the hottest week in a century. More...
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