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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


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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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 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.

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

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.

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.

All House Harris News Articles are individually selected by The Editor
Todays Main Feature Story
Australia 'may escape' recession

By Stephen Johnson 23 Feb 2009 3:07 PM

SYDNEY, Feb 23 AAP - Australia may escape a recession in 2009, although analysts say a sluggish housing sector and possible downgrades to state government credit ratings could affect confidence in the economy.

The world's premier economies of the US, Japan and Germany are already in recession, along with at least 11 other industrialised countries.

CommSec chief economist Craig James says Australia could enjoy its 18th consecutive year of growth as big interest rate cuts and federal government stimulus programs support the economy.

"While the global downturn is far bigger than the 2001 slowdown, it is not out of the question that Australia could avoid recession yet again," Mr James said.

"No other country has received the same economic boost from all three factors - government spending, lower interest rates and a cheaper Aussie dollar.

Continued .....

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

US: Seven wounded by gunfire on Mardi Gras parade route
NEW ORLEANS, Feb 25 AP - The shootings of seven people, including a toddler, marred Mardi Gras partying in New Orleans as gunfire sent revellers ducking for cover and brought the final stream of truck floats to a halt.

WA:Man says he would not have survived another day in the desert
PERTH, Feb 25 AAP - A partially-disabled man who walked for three days in the West Australian desert with his adult son says he would not have lasted another day if he had not been found by another family member.

NSW: Sailors ditched by sinking boat run over by rescue ship
SYDNEY, Feb 25 AAP - Two sailors survived a fatal boat capsize and seven hours in high seas only to be "creamed" by the ship sent to their rescue, a Sydney court has been told.

US: Satellite mission to monitor carbon dioxide fails: NASA
WASHINGTON, Feb 24 AFP - A US satellite to monitor global carbon dioxide emissions failed to reach orbit early Tuesday and crashed into the ocean near Antarctica, officials said at a NASA press conference.

US: NASA global warming satellite lands in ocean
VANDENBERG AIR FORCE BASE, California, Feb 24 AP - A rocket carrying a NASA global warming satellite has landed in the ocean near Antarctica after an early morning launch failure.

US: Murdoch sorry for NY Post cartoon seen as racist
NEW YORK, Feb 24 AP - New York Post Chairman Rupert Murdoch has apologised for a cartoon that critics said likened a violent chimpanzee shot dead by police to US President Barack Obama.

Vic: Firefighters dig in as heat, wind loom late in the week
Firefighters are battling to contain seven bushfires still out of control in Victoria ahead of predicted heat and strong winds towards the end of the week.

US: Satellite mission to monitor carbon dioxide fails: NASA
WASHINGTON, Feb 24 AFP - The module carrying a US satellite to monitor global carbon dioxide emissions failed to separate from its rocket soon after it was launched early on Tuesday, NASA said.

NSW: Fear of assault is hurting Sydney's evening economy: Prof
SYDNEY, Feb 24 AAP - Sydney's night-time economy is suffering because many people fear they will fall victim to assault, a criminology and criminal justice expert says.

WA: Man questioned after officer set on fire
Detectives in Western Australia are questioning a man over an attack in which a policeman was set alight outside his station.

US: NASA launches satellite to monitor carbon dioxide
WASHINGTON, Feb 24 AFP - NASA announced early on Tuesday it had launched a rocket carrying a satellite to monitor global carbon dioxide emissions.

Qld: Dengue outbreak spreads to the north
BRISBANE, Feb 24 AAP - North Queensland's dengue fever epidemic has spread north to the small Aboriginal community of Injinoo.

Qld: Hanson in yet another tilt to revive political career
BRISBANE, Feb 24 AAP - Pauline Hanson, one of the most divisive figures in Australia's modern political history, will have yet another crack at reviving her political career.

NSW: Knox sex assault scandal deepens; third teacher charged
SYDNEY, Feb 24 AAP - The sex abuse scandal surrounding Sydney's elite Knox Grammar School has deepened, with a third teacher charged over historic offences against students.

NSW: Man arrested over armed hold-up of cash van
SYDNEY, Feb 24 AAP - Police have detained a man over the robbery of an armoured cash van in Sydney's west.

Vic: Firefighters bracing for another scorcher on Friday
MELBOURNE, Feb 24 AAP - Firefighters are still battling blazes on Melbourne's eastern fringes and in central Victoria ahead of what could be another horror day on Friday.

FED: PM vows no SAS troop will suffer due to pay bungle
The prime minister says the government will fix a bungle that has seen SAS troops' pay docked.

Qld: Household spending to rise in late 2009: QIC
BRISBANE, Feb 24 AAP - Australian households should start spending more towards the end of this year, Queensland Investment Corporation chief executive Doug Taggart says.

WA: Second man charged over kangaroo attack
PERTH, Feb 24 AAP - West Australian police have charged a second man with animal cruelty after a kangaroo was beheaded and disembowelled.

Qld: Candidate points solar panels where the sun don't shine
BRISBANE, Feb 24 AAP - A Liberal National Party (LNP) candidate who praised himself for putting in solar panels at his campaign office has installed them facing south - away from the sun.

NT: NT police find pots of pot
DARWIN, Feb 24 AAP - Northern Territory police have stumbled on a caravan in the bush that has quite literally gone to pot.

NSW: Teenager admits shame and disgust over rape
SYDNEY, Feb 24 AAP - A teenager who raped an elderly woman in a Sydney park says he does not remember the incident, but feels ashamed and disgusted with himself.

Qld: Schools evacuate as police inspect suspicious package
BRISBANE, Feb 24 AAP - Two schools in central Queensland have been evacuated as police send in explosives experts to investigate a suspicious package.

Melbourne IT expects 2009 results will surpass 2008
MELBOURNE, Feb 24 AAP - Domain name manager and online services provider Melbourne IT Ltd expects its financial performance in fiscal 2009 will be better than in 2008 despite challenging market conditions, after posting a 17 per cent annual profit rise.

NSW: Police officer charged with stealing cash from purse
SYDNEY, Feb 24 AAP - A police officer has been charged with stealing money from a purse handed to him by a member of the public in western Sydney.

MID: Palestinians ask Obama to press Israel to halt demolitions
RAMALLAH, West Bank, Feb 23 AFP - The Palestinian Authority has urged the US president to press Israel to scrap a plan to raze almost 90 homes in annexed Arab east Jerusalem.

FED: Rudd continues to dominate Turnbull: Newspoll
SYDNEY, Feb 24 AAP - Prime Minister Kevin Rudd and Labor continue to dominate Opposition Leader Malcolm Turnbull and the coalition, the latest Newspoll reveals.

FED: Bligh enters election campaign with healthy lead: Newspoll
BRISBANE, Feb 24 AAP - Premier Anna Bligh will enter the Queensland election campaign with a healthy lead after Labor suffered a recent fall in popularity, a Newspoll reveals.

US stocks open higher on easing nationalisation fears
US stocks opened higher on Monday .. on easing concerns of nationalisation after the government said it would strive to keep banks in private hands.

Fed: Tensions boil over on climate change
CANBERRA, Feb 23 AAP - Tensions over climate change have boiled over, with an angry Nationals senator berating a senior public servant during a parliamentary hearing.

Vic: Service station destroyed after petrol spill ignites
Two women have been injured when a fire destroyed a service station in the Dandenong Ranges .. east of Melbourne.

Vic:Three guilty to role in $93 mln laundering syndicate: court
MELBOURNE, Feb 23 AAP - Two siblings who worked at an electronic money transfer company have admitted using the business to help launder more than $90 million in cash between Australia and Asia.

Vic: Bushfire toll hits 210
MELBOURNE, Feb 19 AAP - The death toll from Victoria's bushfires has reached 210, police say.

Qld: Captain Bligh no stranger to history
BRISBANE, Feb 23 AAP - Anna Bligh is no stranger to history.

Qld: Five election issues Bligh will have to deal with
Five Queensland election issues Anna Bligh will have to deal with:

Vic: No autograph, but thanks for coming
WANDONG, Vic, Feb 23 AAP - Paul Hecker fled the fires that destroyed his home in Wandong with the two things that mean the most to him - his wife Marie and the diary he has kept for the past 70 years.

Aust stocks close lower, pulled back by miners
A late recovery failed to stop the Australian share market from closing in the red following weakness among the big miners.

Australia 'may escape' recession
SYDNEY, Feb 23 AAP - Australia may escape a recession in 2009, although analysts say a sluggish housing sector and possible downgrades to state government credit ratings could affect confidence in the economy.

Fed: AFP acted on Japanese complaints about Steve Irwin
CANBERRA, Feb 23 AAP - The federal attorney-general would need to approve any prosecution arising from a raid on the anti-whaling ship Steve Irwin in Hobart last week, a Senate committee has been told.

FED: Petrol price still rising
CANBERRA, Feb 23 AAP - The price of petrol is still rising, six weeks after bottoming out near $1 a litre.

NSW: Very rare python among reptile haul detected at airport
SYDNEY, Feb 23 AAP - A Sydney man has been charged with attempting to smuggle 44 native lizards and snakes on a flight out of Australia, including a rare albino python.

Vic: Fire breaks out in Melbourne's outer east
A fire has broken out in Melbourne's outer east that may threaten suburban homes.

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