"Possessing opinions is like possessing fish, assuming one has a fish pond. One has to go fishing and needs some luck - then one has one's own fish, one's own opinions. I am speaking of live opinions, of live fish. Others are satisfied if they own a cabinet of fossils - and in their heads, "convictions". - Friedrich Nietzsche
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.
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.
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.
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).
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.
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
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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Obama leads world condemnation of North Korea
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Jobless rate hits 5-year high and worse to come - economists
By Ed Logue
09 Apr 2009 3:49 PM
SYDNEY, April 9 AAP - Australia has posted the largest monthly jump in unemployment in 18 years, as the global downturn hits the local economy.
The nation's jobless rate rose 0.5 percentage points in March to 5.7 per cent, a five-and-a-half year high, Australian Bureau of Statistics (ABS) data on Thursday showed.
It was the biggest monthly jump in the rate of unemployment since July 1991, when Australian economy was in recession.
Economists said the resilience of the local labour market has cracked, and will force the Reserve Bank of Australia (RBA) to lower interest rates again later this year.
Since the jobless rate touched a 33-year low of 3.9 per cent in February 2008, the number of Australians joining the unemployment queue has risen by 213,900 to 650,900, an increase of 49 per cent.
Deputy Prime Minister Julia Gillard said the flow on effect of the global recession meant that domestic unemployment would be higher than the government previously forecast.
Regularly Updated News As It Arrives From The Editor
House Harris News
Vic: First Vic Easter road toll victim after car hits tree
MELBOURNE, April 11 AAP - One woman passenger died and another has been badly injured in a car crash on Victoria's Great Ocean Road. More...
NSW: Road toll horrifically high, police say
SYDNEY, April 11 AAP - The NSW road toll is horrifically high this year, with 119 people killed since January 1, Roads Minister Michael Daley says. More...
NSW: Woman airlifted to hospital after falling from horse
SYDNEY, April 11 AAP - A woman knocked unconscious after falling from a horse and slamming into a tree in Sydney's outer north-west has been airlifted to hospital. More...
Vic: Grandmother will go to jail rather than pay tenant's bill
MELBOURNE, April 11 AAP - An 82-year-old grandmother is prepared to go to jail rather than foot the million dollar plus bill to clean up toxic chemicals left behind by a rogue tenant at her Melbourne warehouse. More...
US: Priest runs over churchgoers, cops say; 1 dies
FOREST HILLS, Pennsylvania, April 10 AP - A priest drove into a group of churchgoers after a Good Friday service near Pittsburgh, fatally injuring an 89-year-old woman and wounding four other people, authorities and witnesses say. More...
EUR: Student shoots three in Greek college, kills himself
ATHENS, Greece, April 10 AP - A teenage gunman who wounded three people at a college in Greece and killed himself had warned of the attack hours earlier on an internet posting that included photographs of him posing with the weapons, police say. More...
AFR: One hostage dies, four freed from Somali pirates
PARIS, April 10 AFP - A hostage was killed and four others, including a child, were freed on Friday after French troops stormed a yacht seized by Somali pirates. More...
OSLO, April 10 AFP - Somali pirates on Friday released the Norwegian tanker Bow-Asir and its crew, having held it since March 26, its owners said in a statement. More...
US: Tornado devastates small Arkansas town, killing three
MENA, Arkansas, April 10 AP - Authorities in Arkansas have begun a house-to-house search for possible victims of tornado that struck a "direct hit" on the mountain community of Mena, killing at least three people, injuring at least 30 others and flattening homes and businesses. More...
AFR: US warship with helicopters joins pirate standoff
WASHINGTON, April 10 AFP - A second US warship -- this one carrying helicopters -- has arrived off the Somali coast amid a tense standoff with pirates holding a US ship captain whose recent escape attempt failed, the Pentagon said. More...
US: Obama sees 'glimmers of hope' for US economy
WASHINGTON, April 10 AFP - US President Barak Obama says he sees "glimmers of hope" that the US economy is pulling out of a paralysing recession, but has warned of "a lot of work" yet to nurse it back to health. More...
QLD: Prayers for Bali Nine death row
GOLD COAST, April 10 AAP - The family of convicted drug mule and Bali Nine member Scott Rush have continued hope he will be spared the death penalty. More...
Vic: Police try to piece together stabbing clash
MELBOURNE, April 10 AAP - Police are trying to piece together what happened during a confrontation in which two men were stabbed in Melbourne's western suburbs. More...
FED: Australia, US to lay path for nuclear disarmament
Australia and the United States will use high-level security talks in Washington to pursue their shared goal of ridding the world of nuclear weapons. More...
EUR: Global computer virus begun mutating, German agency warns
BONN, Germany, April 9 DPA - A computer virus which has spread worldwide began mutating overnight, German government computer experts have warned. More...
MID: Iran says 7,000 centrifuges at uranium enrichment plant
ISFAHAN, Iran, April 9 AFP - Iran's atomic chief Gholam Reza Aghazadeh on Thursday declared the Islamic republic has installed around 7,000 centrifuges at its Natanz uranium enrichment facility. More...
MID: Ahmadinejad opens Iran's first nuclear fuel plant
ISFAHAN, Iran, April 9 AFP - President Mahmoud Ahmadinejad on Thursday inaugurated Iran's first nuclear fuel plant, marking a major breakthrough in the Islamic republic's controversial atomic program. More...
Aust stocks close higher after gains from miners, financials
MELBOURNE, April 9 AAP - The Australian stock market closed stronger after gains from the big miners, financials and energy stocks amid the largest monthly jump in unemployment since the 1991 recession. More...
Jobless rate hits 5-year high and worse to come - economists
SYDNEY, April 9 AAP - Australia has posted the largest monthly jump in unemployment in 18 years, as the global downturn hits the local economy. More...
NSW: Fourth teacher charged in school sex scandal
A fourth teacher charged over a sex scandal at a prestigious Sydney's boys school .. is expected to face Hornsby Local Court today. More...
UK: Harry Potter actor arrested over cannabis find: police
LONDON, April 8 AFP - A 19-year-old actor from the Harry Potter films has been arrested after police allegedly found cannabis in his car and his mother's home, reports and Scotland Yard said. More...
St George cuts standard variable home loan rate by 10bps
St George Bank has cut its standard variable home loan interest rates by 10 basis points. More...
St George cuts standard variable home loan rate by 10bps
SYDNEY, April 8 AAP - St George Bank has cut its standard variable home loan interest rates by 10 basis points. More...
Oil below $50, rally loses steam as stocks fall
Oil below $50, rally loses steam as stocks fall More...
EUR: A miraculous rescue and stunned survivors after Italy quake
L'AQUILA, Italy, April 7 AFP - A 98-year-old woman Tuesday made it out alive, crocheting under rubble while waiting for rescuers, as others in this quake-hit Italian city sought to come to grips with death and devastation. More...
US: Police detain pilot after chase by US fighter jets
WASHINGTON, April 7 AFP - The Canadian pilot of a stolen Cessna plane who led US fighter jets on a chase across several states was in custody on Tuesday amid allegations he had tried to get shot down. More...
WA: Scientist's Explore Time Capsule Caves
A team of scientists is preparing to journey millions of years into Australia's pre-history. More...
FED: Overconfidence a factor in high male drowning rate
SYDNEY, April 8 AAP - Men often hold inflated views about their abilities in the surf, which could explain why they account for most deaths at Australian beaches. More...
Tas: Man dies in tractor rollover
A man's dead after he was crushed by a tractor on a farm in Tasmania's northeast. More...
WA: Scientist's Explore Time Capsule Caves
PERTH, April 7 AAP - A team of scientists is preparing to journey millions of years back into Australia's pre-history. More...
Fed: Actors and fans get ready for Star Trek world premiere
SYDNEY, April 7 AAP - Trekkies around the globe might not like it, but the cast of Star Trek couldn't be happier the film is launching in Sydney. More...
EUR: Radio gaga: German DJ breaks world endurance record
A German DJ has broken the world record for the longest continuous radio show .. when he finished his morning program yesterday .. more than a week after beginning it. More...
EUR: World leaders offer sympathy, aid, to quake-hit Italy
PARIS, April 6 AFP - World leaders expressed their sympathy Saturday for victims of the deadly earthquake that killed more than 90 people in central Italy, and queued up to offer aid. More...
EUR: More than 1,500 injured in Italy quake: Berlusconi
L'AQUILA, Italy, April 6 AFP - At least 1,500 people were injured in the earthquake that struck central Italy, Italian Prime Silvio Berlusconi said, vowing that "no one will be abandoned to their fate". More...
ASIA: Italy quake toll rises to 40: report
ROME, April 6 AFP - The death toll from the earthquake that struck central Italy on Monday rose to 40, Italian media said, warning that the toll would continue to rise. More...
EUR: At least 27 dead in Italy quake
L'AQUILA, Italy, April 6 AFP - A powerful earthquake has torn through central Italy devastating a historic mountain town and killing at least 27 people, authorities say. More...
EUR: At least 27 dead in Italy quake: Ansa
ROME, April 6 AFP - At least 27 people were killed in the Italian earthquake on Monday, according to a new provisional toll reported by ANSA news agency. More...
Big four profits won't be hurt by mortgage relief agreement
SYDNEY, April 6 AAP - The profits of the major banks are unlikely to be hurt by their agreement to provide extensions for mortgage repayments for borrowers who lose their jobs, according to analysts. More...
Qld: Solar systems to slash power bills
About 200-thousand Queensland households will have access to cheap .. hot water systems under a plan by the state government. More...
JB Hi-Fi to cash-in on stimulus handout
SYDNEY, April 6 AAP - Electronics retailer JB Hi-Fi Ltd and furniture and electrical goods seller Harvey Norman Holdings Ltd are two companies expected to cash in on bonus cash payments being handed out to taxpayers. More...
NSW: Brother pleads guilty to manslaughter over barking dog killing
SYDNEY, April 6 AAP - The brother of a Sydney woman convicted of murdering a neighbour after he complained about her barking dog has pleaded guilty to manslaughter over the same killing. More...
Vic: Another alleged victim comes forward in teacher sex case
MELBOURNE, April 6 AAP - Another alleged victim has come forward in the case of a Victorian music teacher facing hundreds of charges of sex offences against girls. More...