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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 Rain too much, too soon, says Coffs mayor

SYDNEY, April 1 AAP - Too much, too quick and too soon after February's devastating floods - that's how Coffs Harbour mayor Keith Rhoades describes the latest deluge.

The regional hub on the NSW mid-north coast is mopping up after torrential rain completely isolated the town.

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Feature Story 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.

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

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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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All House Harris News Articles are individually selected by The Editor
Main Feature Story
World stocks skyrocket after G20 summit boost

03 Apr 2009 3:34 AM

LONDON, April 2 AFP - Global stocks shot up on Thursday amid greater optimism following a G20 summit in London that boosted efforts to save the world economy and after an uptick in US manufacturing orders.

On Wall Street, the Dow Jones Industrial Average rose 3.45 per cent and the tech-heavy Nasdaq index was up 3.83 per cent at 1600 GMT.

London's FTSE 100 index of leading shares closed up 4.28 per cent, Paris soared 5.37 per cent and Frankfurt rocketed up 6.07 per cent.

Hong Kong led the charge in Asia, shooting up 7.41 per cent, while Tokyo closed up 4.40 per cent at a three-month high and Mumbai gained 4.51 per cent.

Investors had been expecting a strong lead from the Group of 20 meeting of world leaders in London, which has been overshadowed by differences between Europe and the United States in seeking ways to end the global crisis.

Continued .....

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

US: UN Security Council to meet over NKorean rocket launch
UNITED NATIONS, April 5 AFP - The UN Security Council was to meet in emergency session later on Sunday at the request of Japan and the United States to discuss what Washington and Seoul described as North Korea's "provocative" long-range rocket launch.
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FED: Aust "deeply concerned" by missile launced
Australia's urging the United Nations Security Council to consider taking action against North Korea .. following the launch of a long-range rocket today.
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Fed: Rudd rolls out Struggle Street financial assistance package
MELBOURNE, April 5 AAP - Prime Minister Kevin Rudd has outlined a deal giving people who find themselves out of work some reprieve from the financial burdens of housing and car loans.
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Fed: Rudd rolls out Struggle St financial assistance package =3D2
At a Council of Australian Governments (COAG) meeting later this month, the federal government will propose that every Australian under the age of 25 is guaranteed access to a school, training or higher education place.
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FED: Not every retrenched worker witha mortgage covered
CANBERRA, April 5 AAP - The federal government has admitted not every retrenched worker with a mortgage will benefit from a loan repayment reprieve it has negotiated with Australia's four major banks.
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US:Gunman 'lying in wait' kills three Pittsburgh police officers
PITTSBURGH, April 4 AP - A gunman "lying in wait" wearing a bulletproof vest has opened fire on officers responding to a domestic disturbance call, killing three of them and turning a quiet Pittsburgh street into a battlefield, police say.
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Vic: Man dies, brother injured after hit by cars during fight
MELBOURNE, April 5 AAP - A man was killed and his brother was seriously injured after they were hit by cars while fighting on a road south of Melbourne.
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NSW: Man travels 4km on car bonnet in road rage incident
SYDNEY, April 5 AAP - A man had to cling to the bonnet of a car for four kilometres as its driver allegedly attempted to throw him off during a road rage incident in Sydney.
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Vic: Rudd to unveil plan to defer mortgages for jobless
The big four banks have agreed to postpone mortgage repayments for up to a year .. to help the rising jobless to hang on to their homes.
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NSW: Man allegedly threatens police with gun
SYDNEY, April 5 AAP - A man has allegedly threatened police officers with a handgun in inner Sydney to evade a drug bust.
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FED: Small lenders encouraged to defer mortgages for jobless too
CANBERRA, April 5 AAP - Small lenders are not part of a Rudd government brokered deal to give unemployed homeowners a 12-month holiday from mortgage repayments.
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SA: Man and woman killed in northern suburbs road accident
ADELAIDE, April 5 AAP - A man and a woman have died after the car they were in rolled in Adelaide's northern suburbs.
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NSW: Some mid-north coast residents could be isolated all week
SYDNEY, April 5 AAP - Residents in some parts of the NSW mid-north drenched by flooding rains could remain isolated until the end of the week.
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Aust stocks expected to open higher on Monday
SYDNEY, April 5 AAP - The Australian share market is likely to open higher on Monday after gains in US equities, before attention turns to the Reserve Bank of Australia's interest rate decision.
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NSW: Woman dead, five injured in car crash
SYDNEY, April 5 AAP - A 21-year-old woman has been killed and five men seriously injured after their car rolled several times near the NSW/Victorian border.
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NSW: More than 5,000 guns brought forward in amnesty
SYDNEY, April 5 AAP - Owners of more than 5,000 firearms previously unknown to NSW police have come forward during the first month of the state government's gun amnesty.
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US: Police hunt for clues after immigrant kills 13, self
President BARACK OBAMA says he's heartbroken over the second mass shooting in America in less than a week.
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US: US pledges action against NKorean missile
WASHINGTON, April 4 AFP - The United States has pledged to take action after North Korea fired a rocket, calling it a "provocative act" that threatened security in Asia.
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US: Five children, father die in murder-suicide
GRAHAM, Washington, April 4 AP - An American man apparently shot dead five of his children, aged seven to 16, at their mobile home near Seattle and then killed himself at a casino, police said on Saturday.
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QLD: Four charged with assaulting police
BRISBANE, April 5 AAP - Four men have been charged with assaulting or obstructing police in two separate incidents in Queensland.
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US: Police chief says Binghamton gunman wore body armour
BINGHAMTON, New York, April 4 AP - The gunman who killed 13 people in a rampage at an immigrant community centre and then committed suicide was wearing body armour, indicating he was prepared to do battle with law enforcers, the Binghamton police chief said.
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US: US sees no Taliban link to New York shooting
STRASBOURG, April 4 AFP - US authorities say they found no link between the Pakistan Taliban and a shooting in New York state that left 14 dead.
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US: Three police officers killed in Pittsburgh shooting
PITTSBURGH, April 4 AP - A man opened fire on officers responding to a domestic disturbance call in Pittsburgh on Saturday morning, killing three of them before barricading himself in the home, a police official said.
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US: Several Pittsburgh police officers injured in shooting
PITTSBURGH, April 4 AP - Pittsburgh police say several officers have been injured in a shooting and standoff.
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US: Receptionist a 'hero' in New York center massacre
BINGHAMTON, New York, April 4 AP - The two receptionists at the US community centre barely had time to react when a gunman stormed in the front door and shot them at close range before firing on a roomful of immigrants taking a citizenship class.
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NSW: Power company apologies for another major Sydney blackout
SYDNEY, April 4 AAP - Power company EnergyAustralia has apologised for the second major disruption to Sydney's power supply this week, with about 50,000 homes and businesses affected.
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NSW: Police say probling links between bikie and violence
SYDNEY, April 4 AAP - Police say they are investigating possible links between a Hells Angels bikie arrested in Sydney and violence that has racked the city in recent weeks, including a fatal brawl at Sydney Airport.
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US: Peaceful Binghamton gropes for answers after massacre
BINGHAMTON, New York AFP - Consternation and unanswered questions were written on the faces of people in this small crisis-stricken northeastern US city on Saturday after an armed man opened fire and killed 13 people at a local immigrant centre.
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NSW: Bikie had loaded pistol down pants when arrested court told
A Sydney court's been told a Hell's Angels bikie had a loaded pistol down the front of his pants .. when he was pinned to the ground and arrested in a dramatic daytime operation.
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NSW: Hundreds of shoppers evacuated in shopping centre fire
Hundreds of shoppers and workers have been evacuated from a major Sydney shopping centre .. after fire broke out in the roof.
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Qld: Police find body of woman in floodwaters
BRISBANE, April 4 AAP - Queensland police and SES crews have found the body of an elderly woman whose car was swept off a crossing in the Sunshine Coast hinterland during Thursday's flash floods.
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Fed: Stimulus package provides housing boost
MELBOURNE, April 4 AAP - The federal government has announced $173 million funding to build new social housing in Victoria.
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EUR: Massive Antarctic ice shelf set to break loose
PARIS, April 3 AFP - A Jamaica-sized ice shelf is close to wrenching itself away from Antarctica, following dramatic weakening of an ice "bridge" linking it to the continent, the European Space Agency (ESA) reports.
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UK: Angry British villagers stop Google maps car: report
Angry residents of an English village have blocked the driver of a Google Street View car .. who was filming the neighbourhood .. saying they fear he would encourage burglaries.
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JPN: Japan aims for walking robot on the moon by 2020
Japan hopes to have a two-legged robot walk on the moon by around 2020 .. with a joint mission involving astronauts and robots to follow.
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US: Gunman kills 12-13 people, then himself, in NY massacre
A gunman has massacred 12 to 13 people at an immigration centre in upstate New York .. before taking at least 20 hostages .. and then apparently turning the gun on himself.
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Vic: Hotel patrons evacuated during fire
MELBOURNE, April 4 AAP - A fire has forced the evacuation of about 250 patrons at a hotel in Melbourne's inner north-west early on Saturday morning.
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US stocks climb; Dow closes above key 8,000 level
US stocks shrugged off a dismal March jobs report to end higher this morning .. capping their fourth weekly gain amid market expectations that the economic contraction is easing.
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Qld: Search resumes for missing woman in floodwaters
BRISBANE, April 4 AAP - A search has resumed for an elderly woman whose car was swept off a crossing on Queensland's Sunshine Coast during Thursday's flash floods.
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NSW: Isolation could end, but storms on horizon, says SES
SYDNEY, April 4 AAP - People isolated by flooding in northern NSW could soon be reconnected with surrounding areas, with easing rain allowing rivers to subside, the State Emergency Service (SES) says.
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US: 14 die in US citizenship centre massacre
BINGHAMTON, New York, April 3 AFP - A lone killer armed with at least two handguns has massacred 13 people at a citizenship centre in New York state before apparently shooting himself, police say.
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NSW:50,000 Sydney premises without power as second cable fails
MELBOURNE, April 4 AAP - About 50,000 homes and businesses in parts of Sydney's CBD and the eastern suburbs are without power on Saturday after a major cable failed.
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