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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 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.

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.
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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.
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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.
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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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All House Harris News Articles are individually selected by The Editor
Todays Main Feature Story
Stimulus package projects to be fast tracked in NSW

By Nick Ralston, State Political Reporter 18 Feb 2009 6:23 PM

SYDNEY, Feb 18 AAP - Infrastructure built in NSW from federal government's $42 billion stimulus package will bypass the usual planning and local government approval.

Instead, Premier Nathan Rees says the projects, including public housing and schools, will be approved by the newly appointed Infrastructure Coordinator General.

Former Olympic Authority deputy director general Bob Leece has been appointed to that role.

Mr Rees said fast tracking the approval process was necessary to meet Prime Minister Kevin Rudd's demand on the states that the first projects start to be built in June.

"When exempting works from the usual approvals legislation, the Infrastructure Coordinator General will have regard to certain planning and environmental principles," Mr Rees told an economic forum in Sydney on Wednesday.

Continued .....

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

FED: Google bushfire map not helped by Vic govt
CANBERRA, Feb 18 AAP - The Victorian government reportedly refused to provide information on the state's bushfires to Google so the internet giant could build a more detailed online map of the blazes.
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Qld: Best job in the world experiencing application overload
BRISBANE, Feb 18 AAP - The Best Job in the World is experiencing application overload, and Tourism Queensland has had to increase its IT support for the website in its final days.
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Qld: Rebel priest describes his replacement as a religious scab
BRISBANE, Feb 18 AAP - A rebel Catholic priest who is facing the sack by the Vatican has described the man sent in by Brisbane's archbishop to replace him as a religious scab.
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UK: Two arrested over Australian woman's seven-hour rape ordeal
LONDON, Feb 18 AAP - Scottish police have arrested two men over the abduction and rape of an Australian woman, who was subjected to a seven-hour ordeal after being dragged from an Edinburgh street in broad daylight.
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Vic: Woman tells of witnessing murder after knock at her door
MELBOURNE, Feb 18 AAP - A woman has told how a neighbour cowered on her doorstep moments before a man shot her dead.
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NSW: Heavy rain eases as northern NSW surveys flood damage
SYDNEY, Feb 18 AAP - A total of six NSW council areas have been declared natural disaster areas as flood waters in the state's north slowly recede, revealing the immense scale of the damage.
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NSW: Stimulus package projects to be fast tracked in NSW
SYDNEY, Feb 18 AAP - Infrastructure built in NSW from federal government's $42 billion stimulus package will bypass the usual planning and local government approval.
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JPN: Tokyo 'demon' who chopped up woman gets life
TOKYO, Feb 18 AFP - A Japanese court on Wednesday handed a life sentence to a man who abducted and killed a young woman before chopping up her body and flushing her remains down the toilet, a court official said.
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SA: Man caught train surfing in Adelaide
ADELAIDE, Feb 18 AAP - A 22-year-old man has been arrested for train surfing in Adelaide.
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Vic: $51 million package to help bushfire-hit businesses
The first stage of a 51 million dollar package for small businesses hit by the Victorian bushfires has just been released.
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Aust economic growth still at recessionary levels, survey
SYDNEY, Feb 18 AAP - Australia's economic growth continued in December to point to a likely recesssion, a survey says.
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NSW: Man denies knowing of police drug plans: PIC
SYDNEY, Feb 18 AAP - A man who allegedly tipped off two police officers about stashes of illicit drugs that they seized and sold has denied knowing about any such scheme.
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NSW: Flooded mid-north coast declared natural disaster
SYDNEY, Feb 18 AAP - Floods in the mid-north of NSW have been declared a natural disaster, opening the way for government assistance for residents with property damage.
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NSW: Former Knox teacher, 71, charged with sex abuse
SYDNEY, Feb 18 AAP - A second teacher from an elite private school on Sydney's north shore has been charged with sexual offences against boys.
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NT: Solar system lights up desert town
DARWIN, Feb 18 AAP - The largest solar power system ever mounted on a building in the southern hemisphere has been switched on in the red heart of Australia.
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NSW: NSW bracing for continued rain
SYDNEY, Feb 18 AAP - NSW is bracing for still more rain after four days of heavy soaking, with a number of areas on flood alert and one town totally isolated.
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EUR: Seven countries urge Iceland to reconsider whaling quota
REYKJAVIK, Feb 17 AFP - Seven countries including Britain, Germany and the United States have urged Iceland to reconsider a decision to increase its whaling quota sixfold, a copy of a letter obtained by AFP on Tuesday showed.
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Vic: Police warn of asphalt swindlers
It's been a common scam in Britain for years .. and now crooks look to have imported the concreting con to Australia.
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Qld: Priest defiant of sacking move
A Brisbane Catholic priest is poised to be sacked today after refusing to resign over unorthodox practices.
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US: Drumming legend Bellson dead at 84
LOS ANGELES, Feb 17 AFP - Legendary big band and jazz drummer Louie Bellson has died aged 84, a statement on the musician's website said on Tuesday.
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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.
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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.
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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.
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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.
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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.
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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.
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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".
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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