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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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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 New stimulus package passes house, goes to senate

CANBERRA, Feb 12 AAP - The Rudd government will have a second crack at getting its $42 billion economic stimulus package through the Senate on Friday after a new version passed the lower house late on Thursday night.

The amended package, introduced by Prime Minister Kevin Rudd, will see cash handouts to low and middle-income earners and single-income families cut by $50, a concession won by the Australian Greens.

Feature Story Ninety-three dead as fires continue to rage across Victoria

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.

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.

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.


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.

All House Harris News Articles are individually selected by The Editor
Todays Main Feature Story
Stimulus package clears parliament - now for the hard part

By Sandra O'Malley and Colin Brinsden 13 Feb 2009 4:05 PM

CANBERRA, Feb 13 AAP - The Rudd government cleared a final hurdle to get its $42 billion economic injection through parliament but the International Monetary Fund says the key now is to implement its stimulus plan.

Following a fortnight of parliamentary wrangling, the government can now begin spending its $42 billion package of cash handouts and infrastructure investment after securing the passage of legislation through the Senate.

Prime Minister Kevin Rudd told parliament the nation building and jobs plan was in the nation's interest.

"(It) delivers for the nation and it delivers for local communities," he said.

But IMF chief Dominique Strauss-Kahn suggested agreeing to the need for stimulus was the easy part - the difficult task was to make it work.

"The question is no more to convince the governments to move today, but for them to implement the policies they need to manage," he told the IMF's online magazine.

Continued .....

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

US: Americans and Aussies raise more than $US50,000 for bushfire victims
LOS ANGELES, Feb 14 AAP - Australians and Americans have come together in Los Angeles and New York to raise more than $US50,000 ($A76,587.27) for victims of the Victorian bushfires.

Vic: Firefighters build containment lines stop fires in north
ALEXANDRA, Vic, Feb 15 AAP - Firefighters are building two containment lines between the blaze burning out of control near Alexandra, with the fallback line at Lake Eildon about 20km east.

NSW: 500 residents isolated by flood waters in NSW
SYDNEY, Feb 15 AAP - The 500 residents of Bellinger Valley in northern NSW have been isolated by flood waters as rain continues to fall across the state.

Vic: Fires continue burning uncontrolled in Victoria
MELBOURNE, Feb 15 AAP - About a dozen bushfires continue to burn out of control in Victoria, but mild weather is expected to assist fire fighters.

NSW: 55-year-old woman charged with drug and firearm offences
SYDNEY, Feb 14 AAP - A middle-aged woman has been charged with drug and firearm offences after police raided a home in southern NSW.

US: US sends 60 firemen to battle Australia blazes
The United States will send 60 experienced firefighters to Australia to help battle the remaining Victorian blazes.

US: Ice built up on doomed US plane: official
Officials say the pilots of the commuter jet that crashed into a house in New York state noticed a build up of ice on the plane's wings and windshield just minutes before it plummeted to the ground .. killing all on board.

Vic: Melbourne affected by bushfire smoke
MELBOURNE, Feb 14 AAP - Melbourne will continue to be affected by smoke this weekend as bushfires burn across Victoria, the state's environment authority says.

Qld: Flood victims rescued from car roof
BRISBANE, Feb 14 AAP - Two men and a woman have been rescued from the roof of their car after becoming stranded in north Queensland floodwaters.

Fed: Govt fast-tracks aged care assessments of fire victims
The federal government's fast-tracked care assessments .. so a group of elderly people from bushfire ravaged Victoria can receive emergency respite care in aged care homes.

NSW: 13 men steal 12 cars worth $1/2m from dealership
Twelve cars worth a total of half a million dollars have been swiped from a car yard in Sydney's south west.

Vic: Accused arsonist deserves fair trial, say police
MELBOURNE, Feb 14 AAP - Police say a man charged over one of Victoria's deadly bushfires must be allowed a fair trial.

Vic: Former drug squad detective charged with murder
MELBOURNE, Feb 13 AAP - A former drug squad detective charged with the murder of a police informer says he wants his day in court.

Vic: Public warned against revenge after arson charge
MELBOURNE, Feb 13 AAP - Local residents were warned against seeking revenge after a man was charged over the Churchill bushfire which killed 21 people in Gippsland, in Victoria's southeast.

Vic: Mild conditions help fire fighters, but new blazes threaten
MELBOURNE, Feb 13 AAP - Authorities say the threat of new bushfires in Victoria remains high, despite the mild conditions and light winds that continue to assist fire fighters.

US: 49 killed in New York plane crash: officials
NEW YORK, Feb 13 AFP - All 48 passengers and crew, plus one person on the ground, were killed when a plane crashed into a house outside Buffalo, New York on Thursday and burst into flames, officials said.

Aust dollar firms as $42 billion stimulus passed
SYDNEY, Feb 13 AAP - The Australian dollar closed firmer after the senate passed the federal government's biggest-ever economic stimulus plan.

CIS: Crash of US, Russian satellites a threat in space
MOSCOW, Feb 13 AP - US and Russian officials have traded shots over who was to blame for a huge satellite collision that spewed speeding clouds of debris into space, threatening other unmanned spacecraft in nearby orbits.

Fed: Stimulus package clears parliament - now for the hard part
CANBERRA, Feb 13 AAP - The Rudd government cleared a final hurdle to get its $42 billion economic injection through parliament but the International Monetary Fund says the key now is to implement its stimulus plan.

FED: Bad backs, disease, cheap meals: Bring on Valentine's Day
SYDNEY, Feb 13 AAP - Friday the 13th might be unlucky for some, but who cares if your luck's in the very next day - Valentine's Day?

Vic: Bushfire devastation rivals combat scenes: major general
MELBOURNE, Feb 13 AAP - Victoria's bushfire devastation ranks alongside some of the worst combat scenes witnessed by a top Australian military official.

FED: Kidnapped Australian released by internet scammers
An Australian man taken hostage in Gambia by Nigerian internet scammers has been released and his captors arrested.

US: Commuter plane crashes into home in US
BUFFALO, New York, Feb 12 AP - New York state police say a 50-passenger commuter plane has crashed into a home in suburban Buffalo.

Vic: Firebug strikes as bushfire relief telethon airs
MELBOURNE, Feb 13 AAP - Police are hunting a firebug whose actions briefly threatened the Mornington Peninsula town of Baxter on Thursday night, as the Nine Network aired its bushfire relief telethon.

UK: Pope shocked by bushfires
LONDON, Feb 12 AAP - Pope Benedict XVI has expressed his shock at the damage caused by the Victorian bushfires while welcoming Australia's new ambassador to the Vatican, Tim Fischer.

Vic: Fires take their toll on wineries
One winery has been destroyed and many vineyards have been lost .. as Victoria's Yarra Valley wine growers begin to count the cost of bushfires that have devastated the region since Saturday.

EUR: Alleged skinhead attack on Brazilian stuns Swiss
GENEVA, Feb 12 AP - Zurich police are investigating an alleged skinhead assault on a pregnant Brazilian woman that caused her to miscarry twins and left her scarred with the initials of Switzerland's main right-wing party.

EUR: Greek police report series of firebomb attacks
ATHENS, Greece, Feb 12 AP - A group of suspected anarchists carried out a dozen firebomb attacks in Athens on Thursday, targeting the home of Greece's top anti-terrorism prosecutor and the offices of a judge, a leading criminologist and the Communist Party's official newspaper, authorities said.

ASIA: Thousands of US weapons astray in Afghanistan: auditors
WASHINGTON, Feb 12 AFP - Thousands of US weapons, including assault rifles and grenade launchers, may be in Taliban or al-Qaeda hands in Afghanistan because of lax controls, congressional auditors warned on Thursday.

US: Americans favour probe of 'war on terror' excesses
WASHINGTON, Feb 12 AFP - Two-thirds of Americans favour investigating whether the George W Bush administration overstepped legal boundaries in its "war on terror," according to a poll released on Thursday by USA Today and Gallup.

NSW: Shark attacks man at Bondi.
SYDNEY, Feb 12 AAP - A man attacked by a shark at Bondi is the first victim of a shark attack at the beach in 80 years.

US: Satellite collision poses 'small' risk to ISS: NASA
WASHINGTON, Feb 12 AFP - An unprecedented collision between a Russian and a US satellite poses an "elevated" but "very small" risk to the International Space Station, the US space agency said Thursday.

Fed: New stimulus package passes house, goes to senate
CANBERRA, Feb 12 AAP - The Rudd government will have a second crack at getting its $42 billion economic stimulus package through the Senate on Friday after a new version passed the lower house late on Thursday night.

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.

SA: Holden to offer loan cars to bushfire victims
Holden will provide 300 vehicles to help victims of the Victorian bushfires.

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.

Fed: Senate rejects stimulus package
CANBERRA, Feb 12 AAP - The Rudd government's $42 billion economic stimulus package has been rejected by parliament.

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.

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.

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.

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.

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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