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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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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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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 Rudd tells Turnbull to get out of the way

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.
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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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All House Harris News Articles are individually selected by The Editor
Todays Main Feature Story
Ninety-three dead as fires continue to rage across Victoria

By Jamie Duncan 09 Feb 2009 4:35 AM

MELBOURNE, Feb 9 AAP - Ninety-three people are confirmed dead in Australia's deadliest bushfires that have scorched Victoria, with fears the death toll may rise sharply.

There was little rest for many firefighters overnight, with 25 bushfires still raging out of control at 3.30am (AEDT) on Monday.

At least 750 homes have been destroyed and an estimated 330,000ha burnt out while authorities said some fires could take weeks to contain.

The latest death toll, announced by Victoria Police at 2am (AEDT) on Monday, surpasses the toll from the 1983 Ash Wednesday bushfires, in which 75 people died in Victoria and South Australia, and the Black Friday bushfires of 1939, which killed 71.

Reflecting the chaos caused by the fires, police early Monday said they could not identify the exact location where five of the victims died.

Of the 93 confirmed deaths, at least 63 perished in the largest blaze, in the Kinglake region, that has cut a vast swath across the central highlands from Wandong, south to Kinglake and nearby Saint Andrews, and northeast towards the upper Goulburn Valley.

Continued .....

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

US: 2 big satellites collide over Siberia
CAPE CANAVERAL, Florida, Feb 12 AP - Two big communications satellites collided in the first-ever crash of its kind in orbit, shooting out a pair of massive debris clouds and posing a slight risk to the international space station.
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SA: Holden to offer loan cars to bushfire victims
Holden will provide 300 vehicles to help victims of the Victorian bushfires.
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Qld: Flood damage nudges $200m
Western Queensland's bracing for flooding as the clean-up begins in earnest in the north and the state's damage bill nudges 200 million dollars.
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Fed: Senate rejects stimulus package
CANBERRA, Feb 12 AAP - The Rudd government's $42 billion economic stimulus package has been rejected by parliament.
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WA: Man beats odds, technology in remote mine rescue
PERTH, Feb 12 AAP - An aircraft's chance detection of a distress signal likely saved the life of a man badly injured at a remote mine site.
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WA: Man beats odds and technology in Kalgoorlie rescue
A badly injured man rescued from a secluded minesite near Kalgoorlie is lucky to be alive .. after activating an emergency distress beacon using the expired analogue radio frequency.
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US: Body dragged 27km on NY highways
NEW YORK, Feb 11 AP - New York police say a person was hit by a car then swept under a van and dragged 27km through the city before the driver realised it.
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MID: Israeli rivals battle for power after tight vote
JERUSALEM, Feb 11 AFP - Israeli Foreign Minister Tzipi Livni and hawkish ex-premier Benjamin Netanyahu were locked in a battle for power on Wednesday after a photo-finish election that could send peace talks into limbo.
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Vic: Woman dead, three men injured, man at large after stabbing
MELBOURNE, Feb 12 AAP - A woman is dead, three men are critically injured and their alleged assailant is at large following a stabbing at a property in central Victoria.
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NSW: NSW to help fight Vic fires until at least next week
SYDNEY, Feb 11 AAP - NSW's contribution to the Victorian firefighting effort will continue until at least the end of next week with hot conditions forecast until then.
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Vic: Residents return to Kinglake fire horror
KINGLAKE, Vic, Feb 11 AAP - Farmer Charles Exton knows more about potatoes than bombs, but he has no doubt about what he saw as the hellish inferno rolled through Pheasant Creak on Saturday.
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NSW: Newborn baby found wrapped in blanket at tip
SYDNEY, Feb 11 AAP - A dead baby boy, just days old and wrapped in a blanket, has been found on a conveyor belt among household waste at a Sydney rubbish tip.
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FED: Snapshot of Victorian bushfires
SNAPSHOT OF VICTORIAN BUSHFIRES, February 11
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EUR:Situation "very tense", unrest possible in Tibet: Dalai Lama
BADEN BADEN, Germany, Feb 11 AFP - Exiled Tibetan spiritual leader the Dalai Lama warned on Wednesday that the situation in his homeland was "very tense" and that an uprising was possible.
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EUR: German barman in dock after deadly drinking bet
A German barman has faced manslaughter charges in court after tricking a teenager into downing at least 45 shots of tequila during a drinking bet that resulted in the 16-year-old's death.
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Fed: Cheaper milk on the way
CANBERRA, Feb 11 AAP - The price of a litre of milk is expected to drop by 11 cents later this month when a federal government tax is lifted.
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Swim: Pro-pot lobby rips Kellogg Co. for dropping Phelps
NEW YORK, Feb 10 AP - Bursting with indignation, legions of marijuana advocates are urging a boycott of Kellogg Co., including all of its popular munchies, for deciding to cut ties with Olympic hero Michael Phelps after he was photographed with a pot pipe.
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Vic: Fire fighters battle to keep blazes from joining
MELBOURNE, Feb 11 AAP - Firefighters are working furiously to build containment lines as two major blazes burning close together in Victoria threaten to join.
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Vic: Portrait of an arsonist
MELBOURNE, Feb 11 AAP - The police say they are closing in on bushfire arsonists responsible for the Saturday's hellfire, but what sort of people are they looking for?
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Fed: Bushfire truce and gentle politics
CANBERRA, Feb 11 AAP - The political truce in the face of the emotionally overwhelming Victorian bushfires is holding.
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MID: Israel votes in tight election race
JERUSALEM, Feb 10 AFP - Israel has voted in a tight race between hawkish former premier Benjamin Netanyahu and centrist Foreign Minister Tzipi Livni, with the far-right set for major gains on the back of the Gaza war.
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Vic: Cool temps, light winds help Vic firefighters
MELBOURNE, Feb 11 AAP - Firefighters in Victoria have used cool, relatively calm conditions to try to bolster control lines around bushfires ahead of predicted warm, windy hot weather later in the week.
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MID: War-weary Gazans put little hope in Israeli vote
GAZA CITY, Feb 10 AFP - From their besieged enclave left in ruins by three weeks of massive Israeli bombing, Gazans are watching the Jewish state's vote with little hope the ballot will improve their lot.
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Vic: Cool conditions aid fire crews but wind still a worry
MELBOURNE, Feb 10 AAP - Firefighters in Victoria are using cool conditions to strengthen control lines around bushfires but fear strong southerlies might flare 23 fires still out of control.
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Fed: Govt disaster relief in the wake of "this evil thing"
CANBERRA, Feb 10 AAP - Prime Minister Kevin Rudd has stepped up the government's relief funds to the victims of Victoria's bushfires and Queensland's floods, during a sombre address to parliament after spending an emotional three days in Victoria's worst affected areas.
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Vic: Bunkers mooted for homes in bushfire rebuild
MUDGEGONGA, Vic, Feb 10 AAP - Homes rebuilt in Victoria's bushfire wasteland may be forced to include fire bunkers.
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Vic: Bushfire toll rises to 181
MELBOURNE, Feb 10 AAP - Victoria Police on Tuesday confirmed that 181 people have died in the bushfires across the state.
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Fed: Food prices to come down despite financial crisis: report
CANBERRA, Feb 10 AAP - Food prices are tipped to drop in 2009, despite the impact of the global financial crisis, a new report says.
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Don't mistake economists for clairvoyants
SYDNEY, Feb 10 AAP - As the global economy heads into a downturn of unknown severity, taking Australia down as well, it would be wise to avoid mistaking guesswork for clairvoyance.
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NSW: 'Not a lie, just a story', Liati tells court
SYDNEY, Feb 10 AAP - When is a lie not a lie? When it's a story you've made up, of course.
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Vic: Speeding driver drove through crossing, killing man: court
MELBOURNE, Feb 10 AAP - A driver was travelling up to 40km/h over the speed limit when he hit and killed a Melbourne man at a pedestrian crossing, a court has heard.
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Vic: Teen charged with murder over footy ground fight
An 18-year-old man has briefly appeared in court .. charged with murdering one man and attempting to murder another .. during a fight at a football ground north-west of Melbourne.
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Vic: Taskforce set up to investigate arsonists, identify victims
MELBOURNE, Feb 10 AAP - Police believe they are closing in on an arsonist responsible for a fire that led to the deaths of 21 people in Victoria's Gippsland region.
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Vic: Fires rage as death toll rises to 166
MELBOURNE, Feb 10 AAP - At least 166 people are dead and 24 blazes remain out of control as Victoria's bushfire crisis enters its fourth day.
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Vic: Victorian bushfire toll rises to 166: police
MELBOURNE, Feb 10 AAP - The death toll from Victoria's bushfires has risen to 166, police say.
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NSW: Climate change will bring more extreme weather, say experts
SYDNEY, Feb 10 AAP - Climate change experts have warned that severe weather events are likely to occur more often in Australia as global warming continues.
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FED: Snapshot of Vic Bushfires
SNAPSHOT OF VICTORIAN BUSHFIRES, February 9
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Fed: $950 payments to be "blown on pokies, plasmas": economists
CANBERRA, Feb 9 AAP - Economists have raised concerns the federal government's cash hand-outs to millions of people will be blown on pokies and plasma televisions.
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Fed: Troops deploy through fire-ravaged state
CANBERRA, Feb 9 AAP - Hundreds of members of the Australian military are deploying throughout fire-ravaged Victoria to help the state cope with the nation's deadliest peacetime tragedy.
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Qld: Boy was handcuffed when run over and killed, mother says.
BRISBANE, Feb 9 AAP - The mother of a 16-year-old boy hit and killed by a car while being arrested by police says the youth was handcuffed and made to lie on a busy road.
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Vic: Victorian bushfire toll rises to 131: police
MELBOURNE, Feb 9 AAP - The death toll from Victoria's bushfires has risen to 131, police say.
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NSW: Officers describe scenes of devastation in Victoria
SYDNEY, Feb 9 AAP - NSW specialist officers sent to Victoria to help identify bushfire victims are walking into scenes of horrific devastation, police say.
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