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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 Longest Chase
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.


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 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.


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.


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).


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.


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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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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I Really Don't Have Any Dosh
This is the thing, I actually don't have any dosh and I'm trying to figure out a way to make House Harris work. At the moment the only thing I can do to make revenue is the Google Adsense Ads seen on the newsarticle pages. If you could see your way clear to visit the advertisers from time to time it would help support House Harris.
Feature Story More grim economic news as political battle heats up

CANBERRA, Feb 2 AAP - The suspicion that Australia's economic outlook is far worse than publicly acknowledged became a reality with a sickening thud on Monday.

Back in November, the Mid-Year-Economic and Fiscal Outlook revealed a $40 billion hole in government revenue over the next four years but the surplus was still intact as a straitened $5.4 billion.

Feature Story 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.

Tens of thousands of people were left without power, train tracks buckled and the Australian Open tennis tournament came under attack for putting players at risk.

Feature Story Another big rate cut on the way as inflation pressures ease

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.

Feature Story Fires contained but extreme weather looms

MELBOURNE, Jan 23 AAP - A cool change has helped firefighters contain fires that had been burning out of control in central and eastern Victoria.

But the entire state faces the most severe fire threat of the summer over the next few days due to a combination of scorching temperatures and high winds.

Feature Story Get ready for sharpest economic deceleration ever seen

CANBERRA, Jan 19 AAP - A leading economic forecaster has warned its clients to batten down the hatches for the sharpest deceleration Australia's economy has ever experienced.

But Australia is in a better position than almost any other rich nation heading into recession, Access Economics says.

Feature Story Aussie author jailed for three years for Thai royal insult

MELBOURNE, Jan 19 AAP/AP/AFP - An Australian writer who says he's endured "unspeakable suffering" in a Thai prison has been jailed for three years after pleading guilty to criminal charges of insulting the country's royal family.

But the family of Harry Nicolaides and his Australian lawyer hope a direct appeal for a pardon from the royal family may get the Melbourne-born author home.

Feature Story Israeli halts Gaza offensive

GAZA CITY, Jan 18 AFP - Israel held its fire in Gaza on Sunday after declaring a unilateral ceasefire in its 22-day onslaught which has killed more than 1,200 Palestinians and levelled vast swathes of the Hamas-run enclave.

Prime Minister Ehud Olmert had said after a meeting of his security cabinet he was calling an immediate end to offensive operations but added that troops would stay in Gaza for the time being with orders to return fire if attacked.

Feature Story Howard beams as Bush anoints "man of steel"

CANBERRA, Jan 14 AAP - Former prime minister John Howard beamed as outgoing US president George Bush hung the US Medal of Freedom around his neck at a White House ceremony on Wednesday (AEDT).

Mr Bush invoked his famous moniker for Mr Howard - "the Man of Steel" - as he described their friendship and his admiration for the Australian leader's courage in supporting the war on terrorism.

Feature Story 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.

Mr Swan refused to rule in or out the need for a further economic stimulus package or to bring forward $4.5 billion in tax cuts due in July 2010.

Feature Story 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.

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

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.

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.

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.

All House Harris News Articles are individually selected by The Editor
Todays Main Feature Story
Govt unveils $42 billion buffer against world recession

By Kate Hannon, National Political Editor 03 Feb 2009 12:54 PM

CANBERRA, Feb 3 AAP - The federal government has unveiled a massive $42 billion nation building and employment plan aimed at retaining 90,000 jobs over the next two years and insulating Australia against the worst of the global economic recession.

Billed as a "rapid response" to the deteriorating global economic conditions, the centrepiece of the 72-page plan is $28.8 billion of spending on schools, housing, energy efficiency in homes, community infrastructure and roads, and support to small business to be delivered mostly in 2009-10 and 2010-11.

The remaining third of the plan is an immediate injection of $12.7 billion in one-off bonus payments of $950 each for low- and middle-income households and individuals through five bonuses to be paid in the next few weeks through either the Australian Tax Office or Centrelink.

It means 8.7 million workers earning $100,000 or less will receive a lump sum payment of $950 each from April.

About 1.5 million single-income families will also receive the payment, provided they receive Family Tax Benefit Part B, in the fortnight beginning March 11.

Continued .....

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

US: Merciless robots will fight future wars: researcher
LONG BEACH, California, Feb 5 AFP - Robots will be armies of the future in a case of science fact catching up to fiction, a researcher told an elite TED gathering on Thursday.

NSW: Ex-police officer who stole chopper bipolar, court told
SYDNEY, Feb 5 AAP - A former policeman who swiped a rare helicopter and took it on a joyride says he didn't return it because forecasters were warning of bad weather.

NSW: Clingwrap murder accused "looked up websites on killing"
SYDNEY, Feb 5 AAP - A woman accused of murdering her father after binding him with cling wrap admitted looking up internet sites on how to get away with killing someone, a Sydney jury has been told.

NSW: Cling wrap murder case witness can't recall will forgery
SYDNEY, Feb 5 AAP - A woman has told a Sydney murder trial she cannot remember if she was present when her grandfather's will was forged by her mother.

NSW: Turkeys in the 'burbs
SYDNEY, AAP - They're moving into suburban backyards, raping chooks and trashing the lovingly landscaped native gardens of well-heeled householders.

NSW: Chopper thief intended to return it, court told
SYDNEY, Feb 5 AAP - A former police officer who stole a helicopter from a Sydney airport always intended to return it, but was delayed due to bad weather, his lawyer says.

EUR: Crush your wreck, says German government
FRANKFURT, Feb 4 AP - Crush your wreck, get a cheque.

UK:Stimulus needed to 'take world out of depression': British PM
LONDON, Feb 4 AFP - Governments need to agree co-ordinated monetary and fiscal stimulus measures to "take the world out of depression," British Prime Minister Gordon Brown said on Wednesday.

CIS: Russian girl's killers ate body parts: prosecutors
ST PETERSBURG, Russia, Feb 4 AP - Two young men - one of them a butcher - have been arrested on suspicion of killing a 16-year-old girl and eating parts of her body, Russian prosecutors said on Wednesday.

NSW: Scorcher for NSW, followed by cold snap
Much of New South Wales will fry under scorching 40-plus temperatures for the remainder of the week .. but a cool snap next week will provide eventual relief .. cutting temperatures by 20 degrees.

Mid: Iran insists satellite launch has no military aims
TEHRAN, Feb 4 AFP - Iran insisted on Wednesday that the launch of the country's first home-built satellite has no military aims, despite deep concerns in the West.

NSW: Daughter of alleged murderer told to lie, jury told
SYDNEY, Feb 4 AAP - A woman accused of murdering her frail elderly father ordered her daughter to tell police she believed his girlfriend had once tried to poison him, a Sydney jury has been told.

QLD: Kids find loaded rifle under classroom
GOLD COAST, Feb 4 AAP - A group of primary school children have made a disturbing discovery of two rifles, one of them loaded, buried in the ground beneath a Gold Coast classroom.

Vic: Firefighters work to contain blaze in Victoria's east
MELBOURNE, Feb 4 AAP - Firefighters are working to contain a bushfire burning out of control in remote country in Victoria's east ahead of dangerous fire conditions forecast later in the week.

US: Girl, 4, dies in washing machine with button start
MISSION VIEJO, California, Feb 3 AP - A four-year-old girl in Southern California has died after climbing into a washing machine that began tumbling when her toddler brother hit its start button.

FED: Mentally ill face a lonely, isolated life: study
SYDNEY, Feb 4 AAP - Loneliness and isolation are harsh realities for many Australians with mental illness.

Qld: Tourists rescued from hood of car in floodwaters
BRISBANE, Feb 4 AAP - Four tourists had to be rescued after floodwaters washed their campervan off a bridge in far north Queensland.

NSW: Girl assaulted in private school dorm - police
SYDNEY, Feb 4 AAP - A teenage girl has been assaulted in a dormitory at a private girls' school in Armidale, north western NSW.

Big Four all match RBA rate cut, warn of higher funding costs
SYDNEY, Feb 4 AAP - The big four banks will pass on the full central bank interest rate cut but warn it will be harder to do so in future.

Qld: 'Wet towel' blankets north Qld
INGHAM, Qld, Feb 4 AAP - Flood-bound north Queensland is braced for another cyclone, but deputy premier Paul Lucas reckons the region's so wringing-wet already it can't take any more.

NSW: Explosion, shots fired in Sydney's inner west
A bikie gang clubhouse in Sydney has been blown up and shots fired into a nearby tattoo parlour in the city's inner west.

NSW: Rudd social housing program will house 17,000 in NSW: govt
SYDNEY, Feb 4 AAP - A federal government plan to invest $6.4 billion in Australia's social housing will help create homes for up to 17,000 people in NSW, and create 8,700 jobs in the state, the NSW government says.

MID: Israel bombing tunnels on Gaza-Egypt border: witnesses
GAZA CITY, Feb 3 AFP - Israeli warplanes on Tuesday bombed smuggling tunnels on Gaza's border with Egypt after the Jewish state warned of the "severest riposte" to rocket fire from the Hamas-run enclave, witnesses said.

MID: Iran sends first home-built satellite into orbit
TEHRAN, Feb 3 AFP - Iran said on Tuesday it has launched its first home-built satellite into orbit, raising fresh concerns among countries already at odds with Tehran over its nuclear drive.

FED: Drug addicts find less pleasure in everyday life: study
New Australian research has found drug addicts find it harder to derive pleasure from everyday life.

MID: Gaza violence simmers as Egypt holds truce talks
GAZA CITY, Feb 3 AFP - Violence simmered around Gaza on Tuesday as Palestinian militants fired a rocket into Israel a day after a deadly air raid, while talks on a long-term truce in the Hamas-run enclave dragged on in Egypt.

MID: Iran puts first home-built satellite into orbit
TEHRAN, Feb 3 AFP - Iran has launched its first home-built satellite into orbit using a homegrown rocket, a move certain to set alarm bells ringing in the international community.

Qld: More rain for flooded north Queensland
Flood-ravaged north Queensland is set to face further disaster with the weather bureau predicting heavy rain for the rest of the week .. and a possible cyclone.

NSW: Woman accused of smothering father, cling wrapping him
SYDNEY, Feb 3 AAP - A woman seemed "possessed" as she held a pillow over her father's face after restraining him to his bed with cling wrap, her daughter has told a Sydney jury.

FED: Mortgage rates echo days of pounds, shillings and pence
SYDNEY, Feb 3 AAP - The last time interest rates were this low, Australians paid their mortgages in pounds, shillings and pence.

Aust dollar closes higher after RBA cuts rates
SYDNEY, Feb 3 AAP - The Australian dollar has closed higher after the Reserve Bank of Australia (RBA) announced another large cut to official interest rates.

FED: Church welfare groups back stimulus package
The church welfare sector has given the thumbs up to the federal government's 42 billion dollar economic stimulus package .. saying it's well targeted.

Big cut as expected but no clear hints on outlook
SYDNEY, Feb 3 AAP - The Reserve Bank of Australia's (RBA) decision to lop a full percentage point off its policy interest rate was well anticipated, but there were no clear pointers for the outlook from here.

NSW: Graffiti artist gets two-year good behaviour bond
A graphic design student caught doing graffiti on a Sydney wall has been wished luck in his art career by a magistrate .. so long as his work is exhibited in galleries and not on public property.

Rate cut signals good time to enter house market: Lenders
SYDNEY, Feb 3 AAP - Conditions have rarely been better for first home buyers but caution must be exercised before taking on debt, the Mortgage and Finance Association of Australia (MFAA) says.

Westpac cuts variable mortgage rate by 100 basis points
SYDNEY, Feb 3 AAP - Westpac Banking Corporation, Australia's second biggest home-loan lender, will cut its standard variable mortgage rate by 100 basis points to 5.91 per cent, passing on the full central bank rate reduction.

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