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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

ASIA: Tamil Tiger raid a desperate bid to delay defeat, govt
COLOMBO, Feb 21 AFP - A kamikaze-style attack by Sri Lanka's Tamil Tigers on the capital Colombo may have been a last ditch attempt by rebels to delay their defeat after 37 years of fighting, the government says.
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US: Protesters slam weak apology for monkey cartoon
Hundreds of protesters have called for a boycott of The New York Post .. after what they say is a weak apology for a publishing political cartoon of a monkey .. seen as a racist allusion to President BARACK OBAMA.
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NSW: NSW govt will release own stats on violent pubs, Rees
The New South Wales government says it will release updated figures on violence in pubs and clubs once they're collated .. following media reports the data is twice as bad as official figures show.
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PAC: NZ police barred from brothel raids after man dies
WELLINGTON, Feb 21 NZPA - Police officers have been banned from accompanying Immigration officials on potentially unlawful brothel raids after a man leapt to his death during a raid being filmed for reality television.
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Vic: Firefight efforts ramped up ahead of hotter weather change
MELBOURNE, Feb 21 AAP - Firefighters battling four major Victorian bushfires are building control lines and back burning ahead of hotter weather conditions expected on Monday.
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NSW: Man dies in altercation at Maitland Show
SYDNEY, Feb 21 AAP - A man has died following an altercation at Maitland Showground, in the NSW Hunter Valley.
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UK: Wines hidden from Nazis to be auctioned
LONDON, Feb 20 AP - The Nazis have long since gone and it may be time at last to pop the corks.
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TAS: AFP seize Sea Shepherd log book and video
HOBART, Feb 21 AAP - Australian Federal Police boarded the anti-whaling ship Steve Irwin when it arrived in Hobart on Friday and confiscated the ship's log book and video footage.
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EUR: Military strikes against Iran no longer an option: IAEA
PARIS, Feb 20 AFP - UN nuclear watchdog chief Mohamed El Baradei says in an interview to be broadcast on Sunday that he believed the possibility of a military solution to the Iran nuclear crisis had been ruled out.
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VIC: Hundreds of bushfire survivors heading to city for ceremony
Survivors of the Victorian bushfires are preparing for the National Day of Mourning tomorrow .. with hundreds to be ferried into Melbourne for a memorial service at Rod Laver Arena.
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Vic: Fire threat remains high for weekend, says DSE
Fire authorities in Victoria have warned the threat of new fires over the weekend is still high.
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WA: TAFE teacher gets five years for stealing students' money
PERTH, Feb 20 AAP - A TAFE teacher has been sentenced to five years in prison for gambling away hundreds of thousands of dollars of his students' money.
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WA: Navy to invest $15 billlion on Australian subs: report
PERTH, Feb 20 AAP - The federal government will spend $15 billion on a new Australian-built fleet of submarines under a 15 to 20 year project.
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NSW: Few remain isolated as flood warnings pass
SYDNEY, Feb 20 AAP - Authorities have stopped issuing flood warnings for NSW's midnorth coast as residents in several areas wring themselves out after a week of heavy rain.
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ATM users will no longer be stung by hidden charges
CANBERRA, Feb 20 AAP - The nation's central bank chief has warned retail banks against imposing fees on their customers who use a competitor's ATM.
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MID: Kerry visit grants Washington a glimpse of Gaza wastelands
GAZA CITY, Feb 19 AFP - As US Senator John Kerry's convoy sped through the shattered streets of Gaza on Thursday Washington got a rare and chaotic glimpse of the destruction wrought by Israel's onslaught.
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UK: Britain bans members of anti-gay US church
LONDON, Feb 19 AFP - Britain has barred entry to two members of a US church for inciting hatred against gays and others, the government said Thursday on the eve of a planned protest by the radical group.
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EUR: 'Unprecedented cooperation' ahead on world crisis: Brown
ROME, Feb 19 AFP - The world will see "unprecedented cooperation" in addressing the global financial crisis, British Prime Minister Gordon Brown said on Thursday after meeting in Rome with his Italian counterpart Silvio Berlusconi.
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MID: US congressman express shock at Gaza devastation
GAZA CITY, Feb 19 AFP - US Democratic representatives Brian Baird and Keith Ellison expressed shock at the plight of the war-shattered Gaza Strip during a rare visit to the Hamas-run Palestinian enclave on Thursday.
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UK: British WWII icon may sue over far-right CD: lawyer
LONDON, Feb 19 AFP - British singer Dame Vera Lynn, a World War II icon through hits like The White Cliffs Of Dover, may take legal action after it emerged on Thursday that a far-right party is selling a CD featuring the song.
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US: Space telescope spots biggest-ever gamma-ray blast
WASHINGTON, Feb 19 AFP - The US Fermi telescope has detected a massive explosion in space which scientists say is the biggest gamma-ray burst ever detected, a report published on Thursday in Science Express said.
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FED: There's no instability in Liberal Party: Hockey
CANBERRA, Feb 19 AAP - There is no instability in the federal Liberal Party, opposition treasury spokesman Joe Hockey says.
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Stimulus package 'knee-jerk' response to crisis: Howard
MELBOURNE, Feb 19 AAP - The federal economic stimulus package is a knee-jerk reaction to the world economic crisis that will plunge Australia into debt for decades, former prime minister John Howard says.
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Vic: Schizophrenic man disfigured in pursuit of 'fun'
MELBOURNE, Feb 19 AAP - Schizophrenia sufferer Irving Plotkin is permanently disfigured from horrific burns. Surgeons have had to remove one of his eyelids. And he will likely lose his lips.
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Fed: Liberal divisions grow as Turnbull sacks Bernardi
CANBERRA, Feb 19 AAP - Divisions within the Liberal Party have widened after Opposition Leader Malcolm Turnbull sacked a junior conservative over "disparaging" remarks about a leading moderate.
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Qld: Sacked priest vows to celebrate mass
BRISBANE, Feb 19 AAP - A Brisbane Catholic priest sacked over breaching church rules says he will go ahead with saying mass on Sunday and is seeking legal advice on an appeal.
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Fed: Victorian blazes were 'fires of climate change' - institute
CANBERRA, Feb 19 AAP - The devastating Victorian bushfires were the "fires of climate change," a conservation group has warned.
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Fed: $150 million to help apprentices keep their jobs
CANBERRA, Feb 19 AAP - The federal government will pump almost $150 million into a scheme to help apprentices keep their jobs amid the global recession.
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Vic: Bushfire toll hits 208
The death toll from Victoria's bushfires has reached 208.
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NSW: Conditions improving for NSW flood victims
Water levels have started to ease on the New South Wales mid north coast .. after heavy rain cut off main access roads and led to a number of major areas being declared natural disaster zones.
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NSW: Two people busted with testosterone, customs says
SYDNEY, Feb 19 AAP - A man and a woman have been arrested attempting to smuggle steroids into Sydney on separate flights from Lebanon, Australian Customs and Border Protection says.
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NSW: Police officer facing domestic violence charges
SYDNEY, Feb 19 AAP - A NSW police officer has been charged with attacking and intimidating a woman during an alleged domestic dispute.
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NSW: Police find body of man washed off Parramatta weir
SYDNEY, Feb 19 AAP - The body of a man washed off a weir into Parramatta River during heavy rain has been found about a kilometre from where he went missing.
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FED: Eric Bana makes Love The Beast carbon neutral
SYDNEY, Feb 19 AAP - Self-confessed rev-head Eric Bana has shown you can drive a mean racing machine and still go 'green' by offsetting the carbon emissions during the making of his new film Love The Beast.
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Fed: Filmmakers eye Blanchett to capture essence of Pauline
BRISBANE, Feb 19 AAP - A fish-and-chip shop owner rockets onto the national stage, flashes like a comet across the political landscape and ends up dancing with the stars.
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Qld: Land found for second wombat colony
A second wild colony of the critically endangered northern hairy-nosed wombat will be created in Queensland.
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US: Obama unveils $US275 billion foreclosure plan
PHOENIX, Arizona, Feb 18 AFP - President Barack Obama on Wednesday took aim at the housing crisis which helped tip the US economy into meltdown, with a program which could cost $US275 billion ($A431 billion) and reach nine million homeowners.
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Vic: Backburning continues as heat looms on Monday
Firefighters in Victoria are working to consolidate control lines around five major fires still burning out of control .. ahead of hit and windy conditions on Monday.
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UK: British author Terry Pratchett receives knighthood
LONDON, Feb 18 AP - Fantasy author Terry Pratchett has been knighted by Queen Elizabeth II for services to literature.
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ASIA: Taiwan in recession as economy contracts record 8.36 pct
TAIPEI, Feb 18 AFP - Taiwan plunged into recession as the economy contracted a record 8.36 per cent in the three months to December due to the global economic meltdown, the government said on Wednesday.
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UK: Great Train Robber Biggs could be freed later this year
LONDON, Feb 18 DPA - Britain's Great Train Robber Ronnie Biggs could be freed from jail on turning 80 later this year, media reports said on Wednesday.
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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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