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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 Stimulus packages will help retailers tread water

CANBERRA, March 11 AAP - The federal government's stimulus measures will enable retailers to tread water in what is an increasingly ugly economic backdrop, a leading independent forecaster says.

Centrelink will start doling out payments to families from Wednesday as part of the government's $42 billion nation-building package, while taxpayers earning less than $100,000 will start receiving their cash handouts next month.


Feature Story Economists divided on recession in Australia

MELBOURNE, March 8 AAP - Economists are divided over whether Australia can avoid a recession after December quarter data showed the first contraction in economic growth in eight years.

Last week's figures showed a 0.5 per cent drop in gross domestic product (GDP) in the December quarter, although the economy has so far avoided a "technical" recession after September quarter GDP rose by 0.1 per cent.

Feature Story Metro Melbourne rocked by magnitude 4.6 tremor

MELBOURNE, March 6 AAP - The centre of Melbourne has been rocked by an earth tremor, with residents reporting buildings shaking across the metropolitan area.

Geoscience Australia, which monitors earthquake activity, said the tremor measured magnitude 4.6 on the Richter scale, with the epicentre at Korumburra, about 90km southeast of Melbourne.

Feature Story Police confirm receipt of Hanson tape

BRISBANE, March 6 AAP - Queensland police are investigating new claims of electoral funding irregularities against Pauline Hanson.

The 54-year-old One Nation founder is contesting the Gold Coast hinterland seat of Beaudesert in the March 21 Queensland state election.

Feature Story Teenagers charged after violent school rampage

SYDNEY, March 2 AAP - Four teenagers allegedly terrorised students and staff with a tomahawk and a machete during a glass-smashing rampage at a Sydney private school.

Trinity Catholic College in Auburn went into lockdown about 8.15am (AEDT) on Monday after the school canteen, a car and glass noticeboards were destroyed.

Feature Story More job cuts as govt and opposition brawl over stimulus

CANBERRA, Feb 26 AAP - The federal government has been accused of creating panic after a senior minister said no one's job is safe.

There was more bad news on Thursday with commercial property manager Lend Lease announcing it would cut 340 jobs in Australia, a day after Pacific Brands said it would axe 1,850 positions.

Feature Story 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.

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

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.

All House Harris News Articles are individually selected by The Editor
Main Feature Story
Obama singles out Australia on economy

15 Mar 2009 3:06 PM

CANBERRA, March 15 AAP - US President Barack Obama has singled out Australia as a country taking appropriate action in the face of the global economic crisis.

Mr Obama mentioned Australia along with the economic heavy-hitters of China, the UK and the US.

He made the comments in a press conference at the White House on Saturday, when speaking about how important it was for countries to stimulate their economies now.

"Kevin Rudd has taken similar steps in Australia," Mr Obama said.

Continued .....

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

NT: Environmentalist slam mining application for Kakadu
Environmentalists say they're aghast a uranium mine in Kakadu has applied to build a controversial facility .. only three days after it emerged it's been leaking into the national park.

Vic: $10m boost for tourism in bushfire regions
NARBETHONG, Vic, March 17 AAP - The federal and Victorian governments have handed over $10 million to draw tourists back into fire devastated towns.

Vic: Bushfire grants
Bushfire related grants and announcements made on Tuesday:

European stocks surge, Paris up 3.18 percent
Europe's leading stock markets surged on Monday .. on the back of investor hopes for an economic recovery .. with the CAC 40 index in Paris soaring 3.18 per cent to close at 2,791.66 points.

MID: US says Iranian drone shot down north of Baghdad
BAGHDAD, March 16 AFP - US warplanes shot down an Iranian drone inside Iraqi airspace north of Baghdad last month, an American military spokesman says.

Fed: Fielding under enormous pressure over Fair Work bill
Family First's Steve Fielding is under pressure to back down on attempts to exempt small business from a major part of Labor's industrial laws .. which unions say make them worse than the Howard government's Work Choices.

QLD: Photographer stands by authenticity, but says memory hazy
The man who took nude photographs believed to be of political resurgent PAULINE HANSON is standing by their authenticity .. but admits his memory over their encounter is hazy.

US stocks open higher after buoyant week
US stocks opened higher on Monday .. after four consecutive days of gains last week .. on cautious optimism that the economy will begin to recover from recession despite many challenges ahead.

ASIA: Strong quake between Philippines, Indonesia: geologists
JAKARTA, March 16 AFP - A strong 6.0-magnitude earthquake has struck in the ocean between the Philippines and Indonesia, geologists say, but there have been no immediate reports of injuries or damage.

US: Shuttle nears space station after delayed launch
CAPE CANAVERAL, Florida, March 16 AP - Seven astronauts raced to the international space station aboard the space shuttle Discovery after a successful launch that was delayed five times and caused the mission to be shortened by a day.

Personal borrowing posts 1st consecutive rise in 13mths(Update)
SYDNEY, March 16 AAP - Consumers and businesses increased their borrowings for the second straight month as low interest rates made debt more appealing, an economist says.

Personal borrowing posts 1st consecutive rise in 13 months
SYDNEY, March 16 AAP - Consumers and businesses increased their borrowings for the second straight month as low interest rates made debt more appealing, an economist says.

Rio shareholder deeply concerned about Chinalco deal(Wrap)
MELBOURNE, March 16 AAP - Rio Tinto Ltd major shareholder Australian Foundation Investment Company Ltd (AFIC) has expressed deep concern over Chinalco's planned investment in the resources company, as regulators extended their inquiry into the deal.

Fed: Reforming political donations system will stop Hanson rorting it:MP
CANBERRA, March 16 AAP - Reforming Australia's political donations system is necessary to stop candidates, such as Pauline Hanson, from rorting it, a Labor backbencher says.

Fed: Cuts to migration numbers could cost jobs: academic
CANBERRA, March 16 AAP - Slashing the skilled migration intake is a short-sighted political move that could cost local jobs and lead to greater skills shortages, an academic says.

NSW: Stepfather jailed for brutal murder of 3-year-old
SYDNEY, March 16 AAP - In 2005, a worried neighbour made a triple-0 call saying: "He's got a little girl in there about three, and she has been screaming for over half an hour.

Govt job losses affecting morale, union
PERTH, March 16 AAP - West Australian Treasurer Troy Buswell may struggle to find 500 public servants who want to be made redundant, the public sector union says.

PAC: New Zealand will not cut immigration, leader says
WELLINGTON, March 16 DPA/AAP - New Zealand is not likely to follow Australia in cutting its migrant intake to protect local jobs during the current recession, Prime Minister John Key indicated on Monday.

Aust stocks close marginally higher on bank gains

US: Shuttle Discovery lifts off on mission to ISS
CAPE CANAVERAL, March 15 AFP - The shuttle Discovery blasted off on Sunday on a mission to outfit the International Space Station with a final pair of solar wings ahead of the arrival in a few weeks of an expanded space crew.

PAC: NZ teenagers get sexual approaches online
WELLINGTON, March 16 NZPA - About 25 per cent of secondary school students in New Zealand say they have been aggressively sexually solicited online, according to a survey by the internet safety organisation Netsafe.

Qld: Editor stands by Hanson nude photos
BRISBANE, March 16 AAP - A newspaper editor is standing by the publication of nude photographs of Pauline Hanson.

Pensioners call for $45 a week pay rise
CANBERRA, March 16 AAP - Pensioners are demanding the federal government increase the single aged pension by $45 a week in the May budget.

Fed: Uncertain whether RTD tax hike has reduced binge drinking: inquiry
CANBERRA, March 16 AAP - It is too soon to be certain whether a tax hike on alcopops has had any impact on binge-drinking, a parliamentary inquiry has found.

Qld: Bligh says no guarantee of 100,000 jobs
TOOWOOMBA, Qld, March 16 AAP - Queensland Premier Anna Bligh has clarified her 100,000 jobs target, saying she cannot guarantee the jobs but will work hard to achieve them.

US: Man kills four at gathering in Miami, then kills himself
MIAMI, Florida, March 15 AP - A man shot four people to death at a family gathering early on Sunday, then went home and killed himself, police said.

Fed: Drop in greenhouse emissions countered by Vic coal-power
New data shows high petrol prices might be a bummer for motorists .. but they've brought down the country's greenhouse gas emissions.

UK: Rare lights hidden under a bush fetch fine price
LONDON, March 15 AAP - Two rare 18th-century lanterns hidden under a hedge for more than a decade have sold at auction for STG22,500 ($A47,785).

QLD: Tanker captain ordered to surrender passport
BRISBANE, March 15 AAP - Maritime authorities have served legal papers on the captain of the cargo ship responsible for the massive oil spill along Queensland's southeast coast and ordered him to surrender his passport.

Fed: Raunchy pictures of teenage Hanson revealed - report
SYDNEY, March 15 AAP - Raunchy photographs of a teenage Pauline Hanson have been sold to the media by an old boyfriend.

Fed: No split between G20 nations on way forward, Swan says
Treasurer WAYNE SWAN says he's seen no evidence of a split between G20 nations over the need for further stimulus packages to boost the world economy at this weekend's meeting.

CHN:China moon bear agony persists, despite successes
CHENGDU, China, AFP - One by one, 13 sick and traumatised Asian black bears squeezed into tiny cages are pulled from a truck, a lifetime of agonising torture now over.

Qld:Political leaders preaching to the faithful this Sunday
BRISBANE, March 15 AAP - Queensland's political leaders will be preaching to the faithful this Sunday - and hoping to convert a few disbelievers along the way.

Fed: Hanson photos "unfortunate" burden of public life: Smith
SYDNEY, March 15 AAP - The release of nude photographs of Queensland political candidate Pauline Hanson is "unfortunate", but an example of the burdens people in public life must sometimes bear, says federal frontbencher Stephen Smith.

Fed: Hanson photos "unfortunate" burden of public life: Smith
SYDNEY, March 15 AAP - The release of nude photographs of Queensland political candidate Pauline Hanson is "unfortunate", but an example of the burdens people in public life must sometimes bear, says federal frontbencher Stephen Smith.

UK: Joint statement from G20 finance ministers
HORSHAM, England, March 15 AFP - The final statement issued by finance ministers of the Group of 20 richest and developing countries after talks on Saturday ahead of a summit of G20 leaders in London on April 2:

Main points from G20 finance ministers meeting
HORSHAM, England, March 15 AFP - Main points from a meeting of the finance ministers of the Group of 20 richest and developing countries on Saturday ahead of a summit of G20 leaders in London on April 2:

Fed: Liberals' policy won't change even if leader does: Smith
CANBERRA, March 15 AAP - The federal opposition's position on several key issues won't change even if Peter Costello became their new leader, Foreign Minister Stephen Smith says.

NSW: Sydney streets a sea of green for St Patrick's Day parade
SYDNEY, March 15 AAP - Shamrocks, Guinness and Irish dancing can only mean one thing - St Patrick's Day.

NZ: Australian's death not properly investigated
WELLINGTON, March 15 NZPA - The mysterious death of an Australian scientist in Antarctica in 2000 was not properly investigated, according to a report for the US National Science Foundation (NSF).

NSW: Police confirm Darwiche was shooting victim
SYDNEY, March 15 AAP - Police have confirmed that a man gunned down in a brazen daylight drive-by shooting in Sydney was alleged crime boss, Abdul Qadier Darwiche.

Fed: Obama singles out Australia on economy
CANBERRA, March 15 AAP - US President Barack Obama has singled out Australia as a country taking appropriate action in the face of the global economic crisis.

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