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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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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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Feature Story Rudd's personal popularity at near record levels

SYDNEY, March 24 AAP - Prime Minister Kevin Rudd's personal popularity has returned to near record levels, while opposition leader Malcolm Turnbull has lost support, according to the latest Newspoll.

Mr Rudd's rating grew by four percentage points to 65 per cent in the past two weeks on the question of who would make the better prime minister, just one point short of his highest rating last December.

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Feature Story Back to soul searching for LNP after election loss

BRISBANE, March 21 AAP - Queensland's Liberal National Party will look to a new leader as it laments an election result that by past standards was good, but not quite good enough.

Despite polls predicting a photo finish, and talk of a hung parliament or a minority LNP government, the newly merged conservative party managed only a 3.5 per cent swing.

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Feature Story Labor, LNP set for photo-finish in Qld poll

BRISBANE, March 21 AAP - Queensland voters are set to make history when the polls open at 8am (AEST) on Saturday.

The latest opinion poll, a Newspoll to be published in The Australian on Saturday morning, shows Labor and the Liberal National Party (LNP) locked on 50 per cent of the vote, after the distribution of preferences.

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Feature Story Do or die for Hanson, but either way she's not going away

BRISBANE, March 18 AAP - Love her or hate her, no one can deny Pauline Hanson is one determined woman.

And where that dogged perseverance has taken her, drama has inevitably followed.

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Feature Story 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.

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

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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.

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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All House Harris News Articles are individually selected by The Editor
Main Feature Story
NSW activity property market to increase, says industry

25 Mar 2009 12:01 AM

SYDNEY, March 25 AAP - Activity in the NSW property market is expected increase over the first half of 2009 as buyers return tempted by lower interest rates and government grants, an industry body says.

The Real Estate Institute of NSW (REINSW) says the return of first home buyers has "re-energised" the state's property market.

REINSW president Steve Martin says early signs in 2009 of a strong return to the residential market by buyers is expected to continue.

Mr Martin said demand from first home buyers, which were typically at the lower-priced end of the property market, would flow through to other sectors, including investors.

"With interest rates continuing to fall, I see greater buying activity that will filter through from the lower-priced property to the mid-range over the next three to six months," Mr Martin said in a statement.

"What we are now seeing as a direct result of interest rates and the rental accommodation shortage is that investors are coming back into the market place."

Continued .....

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

PAC: Woman grabs man to save him from jumping off bridge in NZ
HAMILTON, March 28, NZPA - An elderly woman who struggled with a man to stop him throwing himself into a New Zealand river has been praised by police who are considering how best to recognise her bravery.
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Vic: In concert, Melbourne prepares to mark Earth Hour
MELBOURNE, March 28 AAP - Thousands of people were expected to attend a bicycle-powered concert in central Melbourne on Saturday night to mark this year's Earth Hour.
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NSW: Chatham Island kicks off Earth Hour switch-off
SYDNEY, March 28 AFP - Chatham Island, the largest of a tiny group of Pacific islands 800km southeast of New Zealand, has kicked off Earth Hour by switching off its diesel generators at 8.30pm local time (1745 AEDT) on Saturday.
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NSW: Lights go out across Australia for Earth Hour
SYDNEY, March 28 AAP - Sydney's famous harbour landmarks and many of its high rise buildings have again been plunged into darkness, with tens of thousands of residents and businesses also turning their lights off for Earth Hour.
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UK: Tens of thousands gather for London pre-G20 march
LONDON, March 28 AFP - Tens of thousands of trade unionists, environmental campaigners and anti-globalisation activists have taken to the streets of London to start five days of protests before the G20 summit.
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NT: Police shoot man in chest after Taser miss
DARWIN, March 28 AAP - An Alice Springs man has been shot in the arm and chest by Northern Territory police, after they failed to subdue him with a Taser.
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More to joblessness than official estimate of unemployment
The number officially unemployed is heading toward 600-thousand .. but there are many more without jobs .. who want to work.
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Fed: Climate, economic problems need to be solved together -Rudd
KEVIN RUDD says climate change and our economic problems are linked .. but the current financial crisis will make agreement on global warming more difficult.
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SA: Stimulus package boost housing sector says minister
Australian state and federal government have agreed to seek out special housing projects that help the environment .. the aged and the disabled.
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EUR: Heavy metal song behind EU-US "road to hell" spat
The Czech Republic's outgoing prime minister .. has conceded his remark suggesting the US plan to counter the global economic crisis is the road to hell .. were sparked by heavy metal band AC/DC.
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NSW: NSW govt switches off for Earth Hour
SYDNEY, March 28 AAP - Sydney's Harbour Bridge and Opera House, as well as state government buildings, will be plunged into darkness on Saturday during the third annual Earth Hour event.
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ASIA: Suicide bombing on Pakistani mosque kills 50
PESHAWAR, March 27 AP - A suicide bomber on Friday killed at least 50 people and wounded dozens more when he blew himself up in a crowded mosque in north-western Pakistan near the Afghan border, officials said.
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Mot: Fears new braking power generators could be a safety risk
MELBOURNE, March 27 AAP - The spectre of Mika Hakkinen's life-saving trackside procedure during the 1995 Australian Grand Prix has returned to unsettle Formula One drivers.
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NT: Woman stabs husband a number times in outback
DARWIN, March 27 AAP - A Northern Territory woman from the outback has allegedly stabbed her husband a number of times.
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NT: Frenchman dragged from car moments before it ignites
DARWIN, March 27 AAP - A French national has had a lucky escape after he was dragged from his crashed car moments before it burst into flames.
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Vic: Pay rise cuts to save jobs
MELBOURNE, March 27 AAP - More than 200,000 public sector workers will have their pay rises capped at 2.5 per cent as the Victorian government moves to cut costs not jobs.
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Fed: Men shot dead outside Canberra house identified
CANBERRA, March 27 AAP - Two men shot dead outside a Canberra house three days ago have been identified.
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CBA says is one of the best capitalised banks in world
SYDNEY, March 27 AAP - Australia's biggest lender Commonwealth Bank of Australia Ltd says it is one of the most strongly capitalised banks in the world, which will position it well despite the worsening economic slowdown.
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NSW: Bikie gangs, police preparing for more violence
SYDNEY, March 27 AAP - Sydney's bikie gangs are flying in reinforcements and police are braced for the prospect of more violence after a bikie's brother was bludgeoned to death at Sydney airport.
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EUR: US tourist blasts off on second space mission
BAIKONUR, Kazakhstan, March 26 AFP - US software pioneer Charles Simonyi on Thursday became the first person to travel twice to space as a tourist, as he blasted off to the International Space Station (ISS) on a Russian rocket.
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UK: Ancestry hunters' bonanza as London records go online
LONDON, March 26 AFP - Some 77 million documents dating from the 16th to the 20th centuries and including the ancestors of David Beckham and Britney Spears are to go online, under a service launched on Thursday.
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CIS: Russian rocket carrying US tourist blasts off for ISS
BAIKONUR, Kazakhstan, March 26 AFP - A Russian rocket carrying a US tourist making his second voyage into space and two astronauts blasted off Thursday for the International Space Station (ISS), an AFP correspondent reported.
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US: Man gets 90 days in jail in vacuum sex act case
SAGINAW, Michigan, March 26 AP - A man police caught performing a sex act with a vacuum cleaner in a public car wash has been sentenced to 90 days in prison.
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MID: Israeli army denies charges over phosphorous use in Gaza
The Israeli army denies claims by a human rights group that its bombardment of heavily populated areas of Gaza with white phosphorous munitions.
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FED: Earth Hour: a vote against global warming
ADELAIDE, March 26 AAP - A climate change campaign that began in Australia two years ago with just over two million participants will reach truly global proportions this weekend.
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NSW: Senior gang member busted without prescription -police
A senior member of a bikie-style gang has been charged with possessing sleeping tablets without a prescription after being pulled over in Sydney.
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Fed: Unions warn childcare centres to be careful what they wish for
CANBERRA, March 26 AAP - Privately-run childcare centres risk closure if they support calls to cut staff wages, trade unions warn.
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SA: Racism must be tackled to help indigenous health: study
ADELAIDE, March 26 AAP - Health disparities between indigenous and non-indigenous Australians will not end unless racism is tackled, a new study shows.
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NSW: Wannabe models warned of online predators after assault
SYDNEY, March 26 AAP - Police have warned aspiring models against turning to the internet to get a start in the industry after a young woman was sexually assaulted.
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Qld: Telstra blamed for monster pothole in Qld city
BRISBANE, March 26 AAP - Telstra is being blamed for a room-sized hole gouged out under the bitumen of the main intersection in the regional Queensland city of Ipswich.
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PAC: Tiny frog lives long in NZ's "comfortable" climate
AUCKLAND, March 26 AAP - New Zealand's chilly climate might not be celebrated by all, but for frogs it's the secret to long life.
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NSW: Historic envelope sale breaks Australian record
SYDNEY, March 26 AAP - An envelope believed to be the earliest known airmail item addressed to Australia has sold at auction for a record price of more than $190,000.
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Fed: John Curtin to be banished from Parliament House
JOHN CURTIN .. Australia's great wartime prime minister .. is to be banished from Parliament House.
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NSW: Man fighting for his life after drive-by shooting
SYDNEY, March 25 AAP - A man is fighting for his life in hospital after being shot in the chest in a drive-by shooting outside at a home in Sydney's northwest.
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Vic: One man charged, other released, over alleged kill plans
A 48 year old man will appear in the Melbourne Magistrates' Court today .. charged over an alleged plan to commit two underworld murders in public last year.
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US:Obama asks Congress for power to shut collapsed finance firms
WASHINGTON, March 24 AFP - US President Barack Obama says he hopes to convince Congress to quickly hand him the power to close collapsed finance firms outside the banking sector which pose a systemic economic risk.
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US: Space fan Obama makes out of this world call
WASHINGTON, March 24 AFP - US President Barack Obama looked to the stars on Tuesday, taking time out from his daily grind to delight in the wonders of space in a very long-distance video chat with astronauts orbiting the Earth.
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US: Rudd, Obama reaffirm countries' close alliance
WASHINGTON DC, March 24 AAP/Agencies - US President Barack Obama and Prime Minister Kevin Rudd reaffirmed the close Australia-US alliance during a 70-minute meeting at the White House on Tuesday.
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US: Rudd, Obama reaffirm countries' close alliance
US President BARACK OBAMA and Prime Minister KEVIN RUDD have reaffirmed the close Australia-US alliance during a 70-minute meeting at the White House.
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NSW activity property market to increase, says industry
SYDNEY, March 25 AAP - Activity in the NSW property market is expected increase over the first half of 2009 as buyers return tempted by lower interest rates and government grants, an industry body says.
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US: Obama praises shuttle, space station crews in call
CAPE CANAVERAL, Florida, March 24 AP -Astronauts aboard the International Space Station and US shuttle Discovery took a congratulatory call from the White House on Tuesday and told President Barack Obama and schoolchildren all about their adventures in space.
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Wall Street gives back part of massive rally
Stocks have dropped at the opening today .. as investors locked in profits from a sizzling rally a day earlier fuelled by a new US government plan to clean up toxic assets in the banking system.
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