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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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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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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 Obama leads world condemnation of North Korea

PRAGUE, April 5 AFP - US President Barack Obama led global condemnation of North Korea's rocket launch on Sunday, calling it "a provocative act" for which Pyongyang must be punished.

South Korea said it was "reckless" and put its armed forces on heightened alert, as did Japan. China and Russia pleaded for restraint as the UN Security Council was summoned to an emergency session in New York later on Sunday.


Feature Story World stocks skyrocket after G20 summit boost

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.


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.


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.


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.


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.


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.


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.


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.


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.

All House Harris News Articles are individually selected by The Editor
Main Feature Story
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.

Continued .....

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

ASIA: US captain's rescue raises stakes in piracy ops
KUALA LUMPUR, April 13 AP - The killing of three Somali pirates in the dramatic US Navy rescue of a cargo ship captain has sparked concern for other hostages and fears the stakes have been raised for future hijackings in the lucrative Indian Ocean shipping lane.

Qld: Tourism plunge sets back Brisbane airport expansion
BRISBANE, April 13 AAP - More than $1.7 billion worth of construction at Brisbane airport has been deferred due to a fall in tourist numbers.

Vic: Police concerned for missing camper
MELBOURNE, April 13 AAP - Victoria Police are concerned for a camper missing in the Gippsland region.

Qld: Police apologise for steering lock "gun" arrest
BRISBANE, April 13 AAP - Queensland police have apologised to a teenage driver arrested and handcuffed when officers mistook a steering wheel lock for a gun.

Fed: Australia may help to stop piracy off Somalia: Smith
PERTH, April 13 AAP - Australia will consider assisting international efforts to secure the Horn of Africa amid rampant piracy, Foreign Minister Stephen Smith says.

Qld: Police mistake steering wheel lock for gun
BRISBANE, April 13 AAP - A teenage Queensland driver may receive an apology from police after an officer mistook a steering wheel lock for a gun and arrested and handcuffed the youth.

NSW: Residents evacuated as units go up in smoke
SYDNEY, April 13 AAP - Four people, including a police officer, have been treated for smoke inhalation after a fire at a unit block in inner Sydney.

NSW: Girl twice escapes being abducted on central coast - police
SYDNEY, April 13 AAP - A little girl has been left with a bloody nose after a man tried to pull her off her bike and then came after her in a van when she escaped, again trying to abduct her.

AFR: US sea captain freed from Somali pirates in swift firefight
MOMBASA, Kenya, April 12 AP - An American ship captain was freed unharmed on Sunday and three of the pirates who held him for days in a lifeboat off the Somali coast were killed in a operation by US Navy Seals that was approved by President Barack Obama, officials said.

AFR: Obama approved force to rescue pirate hostage
WASHINGTON, April 12 AP - US administration officials say President Barack Obama approved the military operation that rescued a US sea captain held hostage by Somali pirates.

AFR: US captain rescued, three of four pirates killed
WASHINGTON, April 12 AFP - The US Navy on Sunday dramatically ended a high-seas standoff with Somali pirates, rescuing a US captain held hostage on a lifeboat for five days and killing three of his four captors.

AFR: US 'resolved' to halt rise of piracy off Somalia: Obama
WASHINGTON, April 12 AFP - President Barack Obama said on Sunday the United States remains "resolved" to combat piracy off the Somali coast, after a US captain was rescued by naval forces following a tense five-day hostage crisis.

AFR: US skipper rescued as troops kill pirates
MOGADISHU, April 12 AFP - US forces rescued an American container ship captain held by Somali pirates in an operation in which three pirates were killed, according to the US Navy.

AFR: US sea captain freed in swift firefight
MOMBASA, Kenya, April 12 AP - An American ship captain was freed unharmed on Sunday in a US Navy operation that killed three of the four Somali pirates who had been holding him for days in a lifeboat off the coast of Africa, a senior US intelligence official said.

AFR: US captain held by Somali pirates freed: State Dept
WASHINGTON, April 12 AFP - Richard Phillips, the US merchant captain seized by Somali pirates and held hostage for five days on a lifeboat in the Indian Ocean, has been freed, a State Department spokeswoman said on Sunday.

NSW: Prison fight not part of bikie violence, authorities say
SYDNEY, April 12 AAP - A fight among inmates at a Sydney prison in which five guards were injured was not another incident in the city's escalating bikie war, prison authorities says.

NSW: Man dies after truck hits tree, NSW road toll now five
SYDNEY, April 12 AAP - A man has died after his truck ploughed into a tree near Tamworth in central NSW, bringing the state's holiday road toll to five.

FED: New legislation to stop predatory lending practices
Federal Cabinet has signed off on two new pieces of legislation to stop predatory lending practices by banks .. card providers and finance brokers.

NSW: Bikies' gang war erupts in prison
SYDNEY, April 12 AAP - Five guards have been injured in a brawl between jailed bikies in Sydney's Parklea prison.

US: FBI launches criminal piracy probe
US officials say the FBI has begun a criminal investigation into the Somali pirates who hijacked a US ship and are holding its captain hostage.

AFR: Pirates issue warning as they prepare to move US hostage
MOGADISHU, April 11 AFP - Somali pirates have captured a US tug and its 16-strong crew, a Kenyan official reported on Saturday, hours after another group holding a US captain hostage warned against any attempt to free him.

AFR: Somali pirates capture US tug: Kenyan official
All crew aboard a US tug boat are safe .. after Somali pirates stormed their boat in the Gulf of Aden.

AFR: Pirates seize Italians on tug as US ships converge
BRUSSELS, April 11 AP - NATO says Italian officials are trying to negotiate the release of 10 citizens on a tug seized off north Somalia with 16 crew.

US: One teenager, two children shot dead in New Orleans
WASHINGTON, April 11 AFP - A 19-year-old woman and two children, aged six years and 23 months, have been shot dead in their beds by two gunmen in a New Orleans suburb.

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.

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.

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.

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.

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.

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.

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.

AFR: Somali pirates release Norwegian cargo ship: owners
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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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