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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
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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 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

Vic: Man accused of refugee's murder refuses to leave jail cell
MELBOURNE, Feb 17 AAP - A murder suspect will be extradited to Western Australia after security guards had to force him from his Melbourne jail cell to face court.

NSW: Police officers suspended from force for corrupt conduct
SYDNEY, Feb 17 AAP - Two Sydney police officers have been suspended without pay after admitting they pocketed thousands of dollars from an extortion racket involving raids targeting drugs and illegally imported tobacco.

NSW: Police charged with perverting justice, evidence tampering
SYDNEY, Feb 17 AAP - Four serving NSW police officers have been charged with perverting the course of justice and tampering with evidence.

Vic: Firefighters getting on top of bushfires
Firefighters say they're getting on top of the Victorian bushfires .. with just six major blazes still burning out of control.

Fed: More measured rate cuts likely from RBA
CANBERRA, Feb 17 AAP - Economists doubt the Reserve Bank of Australia (RBA) has finished cutting the official cash rate just yet, but borrowers shouldn't rely on any more aggressive reductions.

NSW: Bourke declared natural disaster zone following floods
SYDNEY, Feb 17 AAP - The NSW government has declared Bourke a natural disaster zone following major flooding in the state's north-west over the weekend.

NSW: Detective refused permission to leave hearing
SYDNEY, Feb 17 AAP - A detective who admitted staging fake raids and extorting money has been refused permission to leave a NSW police corruption hearing due to his "state of ill health".

Vic: Bushfires could affect water supplies for 30 years
The massive bushfires that have scorched Victoria could reduce Melbourne's drinking water supply by 30 per cent for 30 years.

NSW: Police officers involved in extortion to be sacked
SYDNEY, Feb 17 AAP - Two Sydney police officers who admitted pocketing thousands of dollars from an extortion racket have been suspended without pay, NSW Police Commissioner Andrew Scipione says.

EUR: First solar-powered phone goes on display
BARCELONA, Feb 16 AFP - Samsung unveiled the world's first solar-powered mobile phone at an industry show at Barcelona on Monday where the sector is showcasing the new technology it hopes will drive demand through the economic crisis.

NSW: Man charged with teen's stabbing murder
A 43-year-old man will face court on the New South Wales mid-north coast today .. charged over the stabbing murder of a teenage boy.

Fed: Govt working on new jobs package - report
The federal government is finalising a new jobs and training package .. including a plan to subsidise apprentice wages by up to a third.

Fed: "Bizarre" Antarctic creatures need help: WWF
WWF says while chilly Antarctic waters are home to a thriving diversity of bizarre animal species .. they need to be protected from pollution and climate change.

ASIA: 30 reported dead in Pakistan missile strike
PESHAWAR, Pakistan, Feb 16 AP - A witness says 20 more bodies have been found at the site of a suspected US missile strike in northwest Pakistan, bringing the death toll to 30.

Vic: Man groomed 15 yo girl for sex used fictional IDs - court
MELBOURNE, Feb 16 AAP - A man who groomed a 15-year-old American girl for sex adopted fictitious internet identities to influence and threaten her, a court has heard.

NSW: Women should get pan to stop toilet miscarriages: review
SYDNEY, Feb 16 AAP - Women in danger of losing their babies at a NSW hospital should be given a pan or a commode chair so they don't miscarry into a toilet, a review has recommended.

BMW says to axe 850 Mini jobs in Britain
BMW says it'll lay off 850 workers at its plant in England where it makes the Mini .. as the global economic slowdown hits demand for the iconic car.

NSW: 30 properties to be acquired along CBD metro route
SYDNEY, Feb 16 AAP - The NSW government is set to acquire about 30 properties along the proposed route of the $4.8 billion Sydney CBD metro rail line.

Qld: Priest seeks to 'heal' rogue church community
BRISBANE, Feb 16 AAP - The priest taking over a Brisbane parish at the centre of a controversial sacking says he hopes he can bring healing to the community.

Fed: 'Uninformed greens' to blame for fires: forestry industry
CANBERRA, Feb 16 AAP - The war of words has escalated over whether green policies are to blame for Victoria's bushfire disaster.

Fed: Petrol prices should stabilise soon: CommSec
CANBERRA, Feb 16 AAP - Petrol prices are likely to stabilise after a rapid rise during the past five weeks, but they are unlikely to return to $1 a litre anytime soon, a leading economist says.

Vic: Toll to sit at 181 until new remains are identified
MELBOURNE, Feb 16 AAP - Police won't update Victoria's bushfire death toll until they're sure about the identities of new remains.

NSW: Man found dead in Sydney house was shot: police
SYDNEY, Feb 16 AAP - A man found shot dead in a Sydney house was murdered, police say.

NSW: Police officers took tens of thousands in bribes: PIC
SYDNEY, Feb 16 AAP - Two Sydney police officers pocketed tens of thousand of dollars to keep quiet about illegal activities, a Police Integrity Commission (PIC) hearing in Sydney has heard.

Qld: More than 400 dengue fever cases confirmed
The number of dengue fever cases in north Queensland has passed 400.

NSW: Police officers took tens of thousands in bribes - PIC
A Police Integrity Commission hearing is under way into the actions of two New South Wales officers who allegedly pocketed tens of thousands of dollars to keep quiet about illegal activities.

Vic:More bodies found in fires, death toll to be updated on Mon
MELBOURNE, Feb 16 AAP - Police have confirmed more bodies have been found in the carnage of Victoria's bushfires in the last three days, despite the death toll not being updated since Thursday.

Vic: Accused fire-bug was rejected lover
A 39-year-old man accused of lighting a bushfire that killed at least 21 people in Victoria had recently been rejected by a girlfriend .. according to his MySpace Internet page.

NSW: 30 homes to be acquired on line of CBD metro
SYDNEY, Feb 16 AAP - The NSW government is set to acquire about 30 homes from people living on and around the proposed route for the $4.8 billion Sydney CBD metro rail line through Sydney's CBD to the inner west.

NSW: More heavy rain expected in Hunter and mid-north coast
More heavy rain is expected on the mid north coast and Hunter Valley regions of New South Wales this afternoon .. as residents near Coffs Harbour remain isolated by floodwaters.

Homes most affordable in five years - report
SYDNEY, Feb 16 AAP - The Australian dream of owning a home is more affordable now than it has been for five years following lower interest rates and greater government subsidies, a report says.

Qld: Qld's flood damage bill to climb beyond $210 million
BRISBANE, Feb 16 AAP - Floodwaters have steadied in the isolated Gulf of Carpentaria, as authorities estimate flood damage across Queensland will exceed $210 million.

NSW: Man charged with taping movies at drive-in for pirate DVDs
SYDNEY, Feb 16 AAP - A man has been charged with a string of copyright offences after he was allegedly found recording new-release movies with a video camera at a western Sydney drive-in.

EUR: 'Feedback' triggers could amplify climate change peril
PARIS, Feb 15 AFP - New studies have warned of triggers in the natural environment, including a greenhouse-gas timebomb in Siberia and Canada, that could viciously amplify global warming.

Vic: Man charged over deadly Churchill bushfire
A man accused of lighting a bushfire in Victoria's southeast is due in court today.

CHN: Twenty jailed in internet gambling case
SHANGHAI, Feb 15 AFP - A Chinese court has jailed 20 people in what is thought to be the country's biggest online gambling case, state media reported.

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.

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