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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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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 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.

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.

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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.

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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.

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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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All House Harris News Articles are individually selected by The Editor
Main Feature Story
US captain's rescue raises stakes in piracy ops

By Vijay Joshi 13 Apr 2009 6:28 PM

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.

Sunday's rescue followed a raid at sea on Friday by French navy commandos, who stormed a pirate-held sailboat, the Tanit, killing two pirates and freeing four French hostages. The French owner of the vessel was killed in the assault.

The two operations may have been a setback for the pirates but they are unlikely to quell the brigands, who have vowed to avenge the deaths of their comrades.

Experts indicated that piracy in the Indian Ocean off Somalia, which transformed one of the world's busiest shipping lanes into one of its most dangerous, has entered a new phase with the Navy Seals operations.

It "could escalate violence in this part of the world, no question about it," said Vice Admiral Bill Gortney, commander of US Naval Forces Central Command.

"We are delighted that the captain has been rescued unharmed," Noel Choong, who heads the International Maritime Bureau's Regional Piracy Centre in Kuala Lumpur, said on Monday.

Continued .....

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

NSW: Bandana bandit fires shot inside post office
SYDNEY, April 15 AAP - A bandana-wearing bandit has fired a shot inside a Sydney Post office after threatening staff and stealing cash, police say.
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Leading index shows economic slump following typical pattern
SYDNEY, April 15 AAP - The Westpac - Melbourne Institute leading index shows the economy is being assaulted by the usual suspects.
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Consumers suffer worst wealth loss since 1960
CANBERRA, April 15 AAP - Australia may face a recession less damaging than the one in the early 1990s, but so far households have suffered their worst loss of wealth in almost 50 years.
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QLD: Police hunt for syringe bank robbers
GOLD COAST, April 15 AAP - Gold Coast businesses have been told to stay alert after a spike in robberies, including a frightening assault on a bank manager forced to rob his own bank.
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MID: Russia not supplying air defence systems to Iran: official
MOSCOW, April 15 AFP - Russia is not currently implementing its planned sale of sophisticated S-300 air defence systems to Iran, a top official with the state office for arms sales told Interfax on Wednesday.
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Qld: Oppn says it remains opposed to alcopop tax hike
BRISBANE, April 15 AAP - The federal opposition says it will back laws validating collection of the alcopops tax to date, but continues to oppose boosting the tax rate.
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Vic: Police hunt meat cleaver attacker
MELBOURNE, April 15 AAP - A savage meat-cleaver attack that left a Melbourne man fighting for his life could have involved a case of mistaken identity.
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NSW: Police probe bikie links to brazen Sydney car theft
SYDNEY, Feb 14 AAP - Gang squad detectives are investigating links between bikie gangs and the violent theft of 12 cars worth half a million dollars from a western Sydney car yard.
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NSW: Three men arrested over car loan scam
SYDNEY, April 15 AAP - Three men have been charged over an alleged car loan scam police believe is linked to a major Sydney crime syndicate.
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US: Obama leaves Republicans biting dust on economy: polls
WASHINGTON, April 14 AFP - Americans have twice as much faith in President Barack Obama's handling of the economy than they do in Republican plans to end the recession, according to polls published this week.
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AFR: Somali pirates hijack 4 ships, take 60 hostages
MOMBASA, Kenya, April 14 AP - Somali pirates captured four more ships and took more than 60 crew members hostage in a brazen hijacking spree, while the American captain who escaped their grip planned to reunite with his crew and fly home on Wednesday to the Unites States.
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NSW: NSW push to stop bikies running companies
Bikie gang members would be prevented from holding company directorships under a push by the NSW government to change federal legislation.
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MID: Scientist: First cloned camel born in Dubai
DUBAI, United Arab Emirates, AP - A scientist says the world's first cloned camel has been produced in the desert emirate of Dubai.
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US: 'Glimmers' of hope, but US not out of woods: Obama
WASHINGTON, April 14 AFP - US President Barack Obama says he sees "glimmers of hope" as America battles the deepest economic slump in generations but warned of painful choices and more deep job cuts to come.
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FED: Most smokers would try to quit if prices were hiked: poll
SYDNEY, April 15 AAP - Raising the cost of a packet of cigarettes by half would prompt the vast majority of smokers into trying to quit, a poll shows.
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ASIA: Thailand declares two-day holiday after protests
Thailand's government says it'll extend a three-day local New Year holiday for two more days after protesters abandoned violent demonstrations.
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ASIA: Thai police issue warrants for 14 including former PM
BANGKOK, April 14 AP - A Bangkok court has issued arrest warrants for 14 protest leaders, including deposed Prime Minister Thaksin Shinawatra, who is in exile.
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Fed: Major job losses this year
MAJOR JOB LOSSES THIS YEAR
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ASIA: Two dead, 123 wounded in Thai violence: ministry
BANGKOK, April 14 AFP - Thailand's public health ministry has upped the toll of injuries from street protests in the capital, saying that two people had died and 123 were wounded, two of them seriously.
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ASIA: Thai protest leader says demonstrators will disperse
BANGKOK, April 14 AFP - Thai anti-government demonstrators massed in front of the prime minister's office in Bangkok will disperse, a protest leader said on Tuesday, a day after violent clashes with troops.
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ASIA: Two dead as protests rage in Thai capital
BANGKOK, April 13 AFP - Thousands of Thai anti-government protesters clashed with armed soldiers and Bangkok residents on Monday, leaving two dead and 113 injured in street battles that raged across the capital.
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EUR: Two killed as gunman opens fire in French village
DOUCHY-LES-MINES, France, April 13 AFP - A 65-year-old man holed up in his house opened fire in a northern French village, killing a young couple, emergency services and witnesses say.
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US: 2nd person dies from US family's sword fight
INDIANAPOLIS, April 13 AP - Police say a 69-year-old man is the second person to die of injuries suffered in a sword fight with a younger relative.
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FED: Easter road toll finishes at 14
The Easter national holiday road toll has finished at 14 .. after two more deaths on Monday.
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AFR: Somali pirates 'untrained' teenagers
WASHINGTON, April 13 AFP - The Somali pirates who kidnapped Captain Richard Phillips were heavily armed but inexperienced youths, US Defence Secretary Robert Gates says.
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AFR: Pirates seize Egyptian fishing boats off Somaliland
CAIRO, April 13 AFP - Pirates have seized two Egyptian fishing boats off the coast of the Somali breakaway region of Somaliland, a senior Egyptian official says.
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US: Obama vows US aims to halt piracy on high seas
WASHINGTON, April 13 AP - President Barack Obama has pledged that the United States will seek to halt the increasing threat of piracy off the Horn of Africa.
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US: Obama lifting some Cuba travel, money restrictions: official
WASHINGTON, April 13 AFP - US President Barack Obama plans to lift restrictions on some travel and remittances to Cuba by Cuban-Americans with family on the island, a White House official says.
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ASIA: Thai PM says campaign to end protests 'nearly complete'
BANGKOK, April 13 AFP - Thai Prime Minister Abhisit Vejjajiva says a military campaign to shut down anti-government protests that have raged in the capital is "nearly complete".
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NSW: Drivers caught dialling rack up $9m in fines
Drivers caught using their mobile phones have racked up a total of $9.3 million in fines in a year .. making it one of the NSW's most common driving offences.
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EUR: Traffic police nab Norwegian pair during high-speed sex
A Norwegian man faces a heavy fine and a driving ban .. after police caught him having sex with his girlfriend while speeding on the motorway.
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US: Obama beats first national security test
WASHINGTON, April 13 AP - The US economy is showing only glimmers of life and two costly wars remain in the balance, but President Barack Obama's "no drama" handling of the Indian Ocean hostage crisis proved a big win for his administration in one of its first critical national security tests.
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Fed: Nanotechnology industry needs urgent regulation: ACTU
CANBERRA, April 14 AAP - Australia's expanding nanotechnology industry must be regulated to protect the health of both workers and consumers, the ACTU says.
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US: Passenger lands plane after pilot dies
FORT MYERS, Florida, April 13 AP - A passenger landed a twin-engine plane in Florida after the pilot died in flight with a total of six people on board.
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AFR: Mortar shells fired at US congressman in Somalia
MOGADISHU, April 13 AFP - US congressman Donald Payne came under mortar fire on Monday as he was leaving in a plane from Mogadishu airport, but no one was injured in the attack, an African Union official says.
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ASIA: Thai troops crack down on anti-government protesters
BANGKOK, April 13 AFP - Thai troops unleashed volleys of gunfire in street battles with anti-government protesters across Bangkok on Monday, forcing them back to their main rallying site in a final push to end days of turmoil.
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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.
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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.
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Vic: Police concerned for missing camper
MELBOURNE, April 13 AAP - Victoria Police are concerned for a camper missing in the Gippsland region.
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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.
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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.
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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.
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