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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

NSW: 4,000 isolated in northern NSW by floodwaters
Flash flooding has cut off parts of northern New South Wales .. including the Pacific Highway.
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MID: British forces to begin Iraq withdrawal
BASRA, Iraq, March 31 AFP - British forces were on Tuesday to launch their official withdrawal from Iraq, a months-long process ending a role that kicked off with the US-led invasion that toppled Saddam Hussein.
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NSW: Shots fired at house in Canley Heights
Shots have been fired at a home in Sydney's southwest in the latest of a string of apparently random attacks.
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NSW: Sydney chaos could make it a likely terror threat: Oppn
SYDNEY, March 31 AAP - Sydney's inability to cope with a power blackout could make it a more likely terrorist target, the NSW opposition says.
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NSW: Explosive in bag found outside bikie's home
SYDNEY, March 31 AAP - Police are analysing the contents of a plastic bag believed to contain explosive material that was found outside a bikie's home in Sydney's west.
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FED: Doubts remain over Labor's broadband promise: Opposition
CANBERRA, March 31 AAP - The federal government has rejected opposition claims there's doubt among key players in the telecommunications industry over its ability to deliver a high-speed national broadband network.
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NSW: Forest bird lost in the urban jungle
SYDNEY, March 31 AAP - Authorities are looking for a 10 centimetre tall escapee covered in green and white feathers.
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NSW: Rees apologises for Sydney CBD power outage
NATHAN REES has apologised for the blackout which plunged Sydney's CBD into peak-hour chaos.
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RBA says more rate cuts can be made if necessary
SYDNEY, March 31 AAP - The Reserve Bank of Australia (RBA) now sees the economy contracting in 2009, as the nation plunges into recession, and has left the door open for more interest rate cuts.
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SA: Son walks free after murdering mother charge dropped
A son has been exonerated of murdering his mother despite a magistrate saying a jury could be extremely suspicious of his involvement in the alleged killing.
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Qld: Army experts destroy old artillery shell
CAIRNS, March 31 AAP - Army bomb disposal experts have detonated a decades-old artillery shell found in a dry creek bed in far north Queensland.
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Vic: Bushfires give ABC a boost in Nielsen ratings
Victoria's bushfires have helped push Melbourne's ABC radio station to the top of the ladder in the latest Nielsen surveys.
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US: World's largest laser now ready for use
After more than a decade of work and five billion dollars .. US engineers have completed the world's most powerful laser .. capable of simulating the energy force of a hydrogen bomb and the sun itself.
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Tas: Prosecution urged to deal quickly with top cop's case
HOBART, March 31 AAP - The last of a string of high-profile Tasmanian political and legal figures has given evidence at the preliminary hearing of Tasmania's suspended police chief Jack Johnston on corruption-linked charges.
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NSW: 4,000 in northern NSW may be isolated by floodwaters
SYDNEY, March 31 AAP - A deep trough off the NSW coast producing five-metre waves and heavy rain is expected to cause floods that will leave up to 4,000 northern NSW residents stranded.
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MED: 'Superpill' may cut heart disease: study
ORLANDO, Florida, March 30 AFP - Healthy people may be able to cut their risk of heart disease in half by taking a "super pill" combining three drugs to lower blood pressure and cholesterol, a study said on Monday.
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NSW: Power failure throws Sydney CBD into chaos
SYDNEY, March 30 AAP - Sydney's CBD was thrown into chaos when a massive peak-hour power outage forced the closure of major road links, blacked out traffic lights, and left dozens of people stranded in lifts.
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Fed: Mentally ill veterans failed by system, inquiry finds
About 10 per cent of diggers returning from Iraq and Afghanistan will have long-term mental problems .. including post traumatic stress disorder.
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Fed: Rudd confident of success at G20
KEVIN RUDD says he's confident there's still a chance of agreement at this week's G20 meeting in London .. on a coordinated approach to dealing with the global financial crisis.
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FED: Rudd rivals Hawke as most popular PM - poll
A new poll shows Prime Minister KEVIN RUDD is rivalling BOB HAWKE as Australia's most popular prime minister .. while support for Opposition Leader MALCOLM TURNBULL has slumped dramatically.
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Fed: $900 stimulus payments challenge in High Court begins today
Families anticipating the proposed nine-hundred dollar tax bonus will have those payments challenged by a legal academic in the High Court over the next two days.
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JPN: Japan deploys missiles ahead of North Korean rocket launch
TOKYO, March 29 AFP - Japan's military has deployed Patriot guided-missile units in and around Tokyo ahead of a North Korean rocket launch due next month, the defence ministry says.
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NSW: Man shot in southwest Sydney believed to be bikie
SYDNEY, March 30 AAP - A man who was gunned down at a unit block in Sydney's southwest is believed to be a member of an outlaw bikie gang.
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Fed: Don't let burnt toast get in way of fire safety
MELBOURNE, March 30 AAP - Burnt toast is a breakfast spoiler but it also can be a fire hazard, with new research showing one in five people take down their smoke detector or remove the battery when cooking sets it off.
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NSW: Man shot in southwest Sydney
SYDNEY, March 30 AAP - A man has been rushed to hospital after being shot several times at a unit block in Sydney's southwest.
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MID: Israeli drones attacked Iranian convoys in Sudan: report
LONDON, March 29 AFP - Israel used unmanned drones to attack clandestine Iranian convoys in Sudan that were attempting to smuggle rockets into Gaza, Britain's Sunday Times newspaper has reported.
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UK: Nitschke plans lethal drug testing kit launch in UK: report
LONDON, March 29 AAP - Australian pro-euthanasia campaigner Dr Philip Nitschke plans to launch testing kits for people to check the strength of drugs they have bought to commit suicide in the UK this year, a British newspaper has reported.
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US: Vexing computer worm to evolve on April Fool's Day
SAN FRANCISCO, March 29 AFP - A tenacious computer worm which has wriggled its way onto machines worldwide is set to evolve on April Fool's Day, becoming harder to exterminate but not expected to wreak havoc.
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NSW: Police search 25 people, four vehicles in bikie operation
SYDNEY, March 29 AAP - Police have searched 25 people and four cars as part of an operation targeting bikie gangs.
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1,000 jobs at risk under new Job Network: opposition
CANBERRA, March 29 AAP - More than 1,000 Australians could be out of work if the government goes ahead with its planned overhaul of employment services, the federal opposition says.
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Vic: Fans duped by identity thieves posing as AFL stars
MELBOURNE, March 29 AAP - Identity thieves are masquerading as AFL players in an internet scam that has duped scores of loyal fans.
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CIS: Russian capsule docks at space station
KOROLYOV, Russia, March 28 AP - A Soyuz capsule carrying a Russian cosmonaut, an American astronaut and US billionaire tourist Charles Simonyi has docked at the international space station.
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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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