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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 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.

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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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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 Govt unveils $42 billion buffer against world recession

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.

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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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All House Harris News Articles are individually selected by The Editor
Todays Main Feature Story
Rudd tells Turnbull to get out of the way

By Kate Hannon, National Political Editor 06 Feb 2009 5:35 PM

CANBERRA, Feb 6 AAP - Prime Minister Kevin Rudd has told Malcolm Turnbull to "get out of the road" and stop holding up the government's $42 billion stimulus package.

The government increased pressure on the coalition on Friday as it prepared to work out a deal with crossbench Senators to get the nation building and jobs plan through the Upper House next week.

"Only Mr Turnbull stands in the road," Mr Rudd told a media conference at Parliament House.

"Therefore I would say to Mr Turnbull and the Liberal party, get out of the road of the government getting on with the job of nation-building and supporting jobs at a time of national economic emergency."

Mr Rudd and his senior ministers briefed more than 200 private sector business organisations, community and welfare groups, and unions who had gathered at Parliament House to hear details of the plan.

The package includes $28.8 billion of infrastructure spending and $12.7 billion in one-off handouts for low and middle income earners, parents of school children, farmers and students.

Continued .....

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

Vic: Fourteen deaths as fires ravage Victoria =3D2
"This is an absolute tragedy for the state and we believe the figure may even get worse," Mr Walshe said.
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Vic: Victoria braces for rise in bushire death toll
Victoria police say they fear 40 people may have perished in today's bushfires .. that have wreaked havoc on the state.
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NSW: Man believed to have been shot by motorcycle gang.
A man shot in broad daylight at a popular motor cycle event in Sydney's west is believed to have been involved in an altercation with a motorcycle gang.
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Fed: Rudd should get off bulldozer and talk: Turnbull
SYDNEY, Feb 7 AAP - Prime Minister Kevin Rudd should "get off his bulldozer" and speak to the coalition about the government's $42 billion stimulus package, opposition leader Malcolm Turnbull says.
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NSW: Man accused of pushing policewoman in front of traffic
SYDNEY, Feb 7 AAP - A man accused of pushing a female police officer into the path of oncoming traffic has been charged after being pulled over for drink driving.
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NSW: Arson suspected for bushfire on the move
Arson is suspected as the cause of three bushfires in New South Wales Hunter region .. that firefighters say are spreading at an alarming rate.
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NSW: Arson suspected for bushfire on the move
SYDNEY, Feb 7 AAP - Arson is suspected as the cause of three bushfires in NSW Hunter region that are consuming terrain at an alarming rate.
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NSW: Hot and dry, hot and humid weather comes to NSW
SYDNEY, Feb 7 AAP - As much of NSW broils in near record weekend temperatures, health authorities urge caution and common sense to avoid potentially lethal heatstroke.
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NSW: Smoke covers Sydney, firefighters ready to pull out
Sweltering summer conditions are pushing smoke from a bushfire south to Sydney .. and have put fire crews across New South Wales on high alert.
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NSW: Man suffers stab wounds after machete attack
SYDNEY, Feb 7 AAP - A man has suffered stab wounds after being attacked by two men with machetes during a home invasion in Sydney's south west.
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Fed: $27 million in funding for climate change projects
The green technology sector is set to benefit from over 27 million dollars in new funding as part of the federal government's Climate Ready program.
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Vic: Firefighters work through the night to contain blaze
MELBOURNE, Feb 7 AAP - More than 100 firefighters worked in shifts overnight carving out control lines to try to contain a fire burning in a state park near Pakenham in Melbourne's east.
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FED: Make your relationship recession-proof: psychologist
An Australian psychologist is warning the impact of the economic crisis is bound to put emotional pressure on relationships and families.
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NSW: NSW fire crews will be pushed to limit in weekend scorcher
SYDNEY, Feb 6 AAP - Extremely hot, dry and windy conditions are expected to push firefighters to the limit over the weekend as NSW braces for 40-plus temperatures.
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WA: Barnett calls on Rudd government to rethink stimulus package
PERTH, Feb 6 AAP - West Australian Premier Colin Barnett has sided with federal Opposition Leader Malcolm Turnbull in calling for a rethink of the Rudd government's stimulus package.
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Fed: Rudd tells Turnbull to get out of the way
Kate Hannon, National Political Editor
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NSW:Fire fighters batlling fire at Lane Cove national park
Fire fighters are battling a bushfire at Sydney's Lane Cove National Park.
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'Day of horror' when insulation is made free
CANBERRA, Feb 6 AAP - The federal government is preparing for a "day of horror" when two million people queue up for free ceiling insulation all at once.
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NSW: Hot, dry, windy conditions to push firies to limit
Extremely hot .. dry and windy conditions are expected to push fire fighters to the limit over the weekend .. as New South Wales braces for 40-plus temperatures.
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Vic: Bullying linked to schoolyard stabbing
Schoolmates of a 14-year-old boy who allegedly stabbed a classmate with a knife in a frenzied attack in a Victorian school .. snapped after being bullied.
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'Day of horror' when insulation is made free
CANBERRA, Feb 6 AAP - The federal government is preparing for a "day of horror" when two million people queue up for free ceiling insulation all at once.
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Vic: Volunteer firefighter in court for starting fires
A magistrate has refused bail for a volunteer firefighter .. accused of starting several fires .. saying he's too great a risk to be released on bail.
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FED: New Sydney "hotel" to allow volunteers to escape the world
SYDNEY, Feb 6 AAP - A special "hotel" has been built in Sydney where people will be locked away from the world for days and monitored around the clock.
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Qld: Man who decapitates teenager has appeal reserved
BRISBANE, Feb 6 AAP - The Queensland Court of Appeal has reserved a man's appeal against his conviction for the brutal murder and decapitation of a homeless teenager.
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NSW: Trains slow down as temperatures rise
A heatwave approaching Sydney will force trains to slow down in anticipation of sagging power lines and buckling tracks.
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NT: Plane lands in Darwin Harbour
DARWIN, Feb 6 AAP - An Australian pilot has been praised after he ditched a light plane safely into Darwin Harbour in a dramatic scene reminiscent of America's Hudson River landing.
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Fed: "Get out of the road, Turnbull": PM
CANBERRA, Feb 6 AAP - Prime Minister Kevin Rudd has demanded Opposition Leader Malcolm Turnbull to "get out of the road" and pass the government's $42 billion stimulus package.
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Vic: Ex-cop who drove wife off pier in car wanted to suicide: court
A Victorian Supreme Court has heard a former policeman assaulted his wife .. chained her up in their car .. then drove it off a pier because he wanted to kill himself and have her witness it.
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NSW: Ex-policeman admits he was stupid for stealing chopper
SYDNEY, Feb 6 AAP - A former policeman who stole a rare helicopter from a Sydney airport says he made a "stupid mistake" in hiding the chopper instead of handing himself in to police.
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NSW: Four-wheel drive used in bikie gang explosion found burning
SYDNEY, Feb 6 AAP - A four-wheel drive believed to have been used in an explosion at a bikie gang house in Sydney has been found burning in a harbourside suburb.
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NT: Plane lands in Darwin Harbour
DARWIN, Feb 6 AAP - Seven people aboard a light plane that made an emergency landing in Darwin Harbour waded through shallow water to get to land.
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Vic: Prepare for the worst on Saturday, fire authorities say
Victoria faces a never-before-seen bushfire risk which could eclipse the deadly Ash Wednesday fires of 1983.
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Fed: Aust to check if "Buy American" flouts US-Aust FTA
Australia will examine its free trade deal with the United States to see if Washington is flouting its obligations under the pact if it adopts a BUY AMERICAN clause for new stimulus projects.
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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.
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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.
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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.
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