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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


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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I Really Don't Have Any Dosh
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 Australia best placed to beat recession: survey

A global business survey's found Australia is an economic oasis in the financial storm .. despite pessimistic government and media responses.

One in five international businesspeople have cited Australia as the country best surviving the recession .. in a survey of seven thousand 500 people in more than 24 nations.


Feature Story Turnbull speech empty rhetoric with no solutions, Tanner

SYDNEY, May 14 AAP - Malcolm Turnbull's budget in reply speech was marked by empty rhetoric and offered no solutions to reduce government debt, Finance Minister Lindsay Tanner said.

In his budget-in-reply address on Thursday night, the opposition leader attacked the spiralling levels of debt forecast in the budget and run up by Labor with its "profligate" spending on two economic stimulus packages.


Feature Story Record first home byer share backs stimulus, Rudd

CANBERRA, May 12 AAP - First-time home buyers now account for a record share of new housing loans, proving that stimulus package measures are working, Prime Minister Kevin Rudd says.

First home buyers made up a record 27.3 per cent of all home loans granted in March according to data released on Tuesday, topping the previous peak of 26.5 per cent set in January and February.


Feature Story Big budget deficit fault of government's of "both stripes"

CANBERRA, May 11 AAP - Massive government spending in the boom times means the federal budget will be deep in deficit well after the global financial crisis has disappeared, an independent forecaster says.

Access Economics is forecasting a $58.9 billion deficit for Tuesday's 2009/10 budget, allowing for an extra $9 billion of infrastructure spending and $3.9 billion for pension reform.


Feature Story Declining jobs trend to produce some surprisingly big falls

SYDNEY, May 4 AAP - The trend in employment will turn downward with "rogue" figures showing very steep monthly falls will grow more frequent.

At last measure in March the trend measure of the number of people with jobs estimated by the Australian Bureau of Statistics (ABS) was falling at 5,000 per month.


Feature Story US economy leads the way downhill with Aust close behind

SYDNEY, April 30 AAP - Now is a good time to remind yourself that the past two years, when economic growth in Australia outpaced growth in the United States, were out of the ordinary.

In the past decade Australia has shown tantalising signs of shrugging off its historical tendency to mimic the ups and downs in the US economy.


Feature Story Long-term jobless lessons of '90s recession

CANBERRA, April 24 AAP - Even as Australia sinks into recession for the first time in 18 years, one statistic is still overlooked by the daily news cycle - long-term unemployment.

The Australian Bureau of Statistics defines long-term unemployment as someone of working age who has been out of a job for 12 months or more.


Feature Story Global recession engulfs once booming economy

CANBERRA, April 21 AAP - The global recession - the consequence of many Americans being unable to pay their highly-complex home loans two years ago - has claimed another victim ... us.

Reserve Bank of Australia (RBA) governor Glenn Stevens confirmed most economists' suspicions on Tuesday that the Australian economy is already in recession, for the first time since the early 1990s.


Feature Story Long-term joblessness to persist long after economic recovers

SYDNEY, April 16 AAP - Long after the recession has ended, consumers have resumed spending and businesses are investing once again, one group will be left behind - the long-term unemployed.

It has long been known that demand for labour waxes and wanes in response to changes levels of production of goods and services.


Feature Story 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.

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.


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.


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.


All House Harris News Articles are individually selected by The Editor
Main Feature Story
Aust economy continues to falter - WBC/MI survey

27 May 2009 4:58 PM

SYDNEY, May 27 AAP - The Australian economy continues to falter due to the global economic downturn, a survey shows.

The Westpac/Melbourne Institute leading index of economic activity rose by a mere 0.3 per cent in March and was down 5.1 per cent over the year.

The annualised result was a slight improvement on the reading of minus six per cent recorded in February.

But the index, which indicates the likely pace of economic activity three to nine months into the future, remains below its positive long-term trend of 2.8 per cent.

"While the index continues to point to recessionary conditions in Australia there has been a slight improvement in March," Westpac senior economist Matthew Hassan said.

Continued .....

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

ACCC says won't opposed Hutchison, Vodafone Aust merger
SYDNEY, May 29 AAP - The competition watchdog says it won't opposed the planned merger of the Australian mobile communications businesses of Hutchison Telecommunications (Australia) Ltd and Vodafone plc.

Vic: Fan who cyber-stalked American Idol singer jailed
MELBOURNE, May 29 AAP - A Melbourne woman who cyber-stalked an American Idol contestant has been jailed for 26 months.

NSW: Damaged $2 coins due for melting appear in Sydney scam
SYDNEY, May 29 AAP - Thousands of damaged Australian two-dollar coins seized during an alleged money laundering scam in Sydney were supposed to have been melted down in Korea.

Fed: Australia a "laughing stock" over Murray-Darling
CANBERRA, May 29 AAP - Australia is fast becoming an international "laughing stock" over its mismanagement of the Murray-Darling Basin, an environmental expert says.

Economy - things might not turn out as badly as expected
SYDNEY, May 29 AAP - Maybe things won't turn out so badly.

PAC: NZ lacks capacity to fight Somali pirates - govt spokesman
WELLINGTON, May 29 NZPA - The United Nations asked New Zealand to help fight piracy in waters off Somalia but the navy does not have the capacity, a spokesman for New Zealand Defence Minister Wayne Mapp says.

NSW: Man blamed wife after arrest for daughter's murder: court
SYDNEY, May 27 AAP - After a couple were arrested for the murder of their seven-year-old daughter, the man allegedly pointed to his wife and told police: "It was her, all her fault".

MID: Israeli submarine rescues swimmer 8km offshore
JERUSALEM, May 27 AP - A swimmer who was swept more than eight kilometres offshore from an Isreali beach has been rescued after he was spotted by the crew of an Israeli navy submarine.

Vic: Killer "trapped" in dysfunctional relationship:court
MELBOURNE, May 27 AAP - A man who strangled his de facto wife then buried her in their backyard after years of emotional abuse had become trapped in a controlling and dysfunctional relationship, a jury has heard.

Fed: Roxon calls for "nice and proper" flu etiquette
CANBERRA, May 27 AAP - Federal Health Minister Nicola Roxon is asking the public to follow a "nice and proper" swine flu etiquette in an attempt to control the rapidly spreading virus.

Qld: Civilian operator to be interviewed over police bungle
A civilian operator in Queensland who took two calls about a murder .. at Maroochydore's police communication centre on Monday night .. will be quizzed today to find out why they weren't followed through.

Aust economy continues to falter - WBC/MI survey
SYDNEY, May 27 AAP - The Australian economy continues to falter due to the global economic downturn, a survey shows.

Vic: Don't panic over swine flu, health experts urge
MELBOURNE, May 27 AAP - Health experts say swine flu is no more harmful than the ordinary flu at this stage and that there is no need to panic.

NSW: Tasmanian man faces NSW court over 1960s sex assault claims
A Tasmanian man is the eighth person to face charges over historic sexual assault claims at a rural New South Wales boys' boarding school.

NSW: Police urge anonymous author to come foward
SYDNEY, May 26 AAP - The anonymous author of a letter to police about the suspicious disappearance of a NSW woman has been urged to contact detectives.

Qld: Five new cases of swine flu in Queensland
Five new positive cases of swine flu have been confirmed in Queensland.

Fed: Australia best placed to beat recession: survey
A global business survey's found Australia is an economic oasis in the financial storm .. despite pessimistic government and media responses.

Vic: Govt promises support for homebound swine flu victims
The Victorian government says it's working closely with local government to ensure everyone in quarantine because of swine flu is properly supported.

NSW: Off-duty cop charged with assaulting working officer
SYDNEY, May 26 AAP - An off-duty police officer has been charged with assaulting a uniformed colleague during a drunken scuffle in northern NSW.

NSW: Two more swine flu cases from cruise ship =3D2
NSW Health officials are in contact with these passengers to provide advice and to arrange free distribution of Tamiflu to passengers with symptoms.

Fed: Women as keen as men for group sex: survey
SYDNEY, May 26 AAP - Australian women are as keen as men to take part in consensual group sex, and they initiate it almost as often.

NSW: Armed bandits rob cash van inside school grounds
SYDNEY, May 25 AAP - A prestigious Sydney boys school went into lockdown on Monday as armed men entered the grounds to raid a cash-in-transit van, police say.

Vic: Man charged after fatal shooting inside moving car
MELBOURNE, May 25 AAP - Two friends held mobile phones to each other's heads pretending they were guns when one grabbed a loaded firearm and fatally fired at the other, a court has heard.

ASIA: N Korea confirms second 'more powerful' nuclear test
North Korea says it's staged a successful underground nuclear weapons test .. more powerful than its previous test of an atomic bomb almost three years ago.

Fed: Chief medico says Australian swine flu cases fairly mild
Australia's chief medical health officer says our authorities have been able to slow down the spread of swine flu until last week .. giving medical experts time to learn more about the virus .. and finding it's relatively mild .. with a nasty sting to it for some.

FED: Cruise ship passengers cleared of swine flu
SYDNEY, May 24 AAP - A 15-year-old Melbourne boy has become Australia's latest swine flu case, but four cruise ship passengers tested amid a swine flu scare on arrival in Sydney have been cleared of infection.

Vic: 25 classmates of 15yo boy with swine flu in quarantine
MELBOURNE, May 23 AAP - Home quarantine and antiviral drugs have been ordered for 25 classmates of a 15-year-old boy diagnosed as Australia's latest case of swine flu.

NSW: Cruise ship quarantined amids swine flu scare
SYDNEY, May 23 AAP - A cruise ship was quarantined for several hours on arrival in Sydney amid a swine flu scare.

NSW: Man arrested after woman stabbed in throat
SYDNEY, May 21 AAP - A man has been arrested over a violent attack on a woman repeatedly stabbed in the throat and head in her suburban Sydney home, police say.

NSW: Evacuation centres set up in flood-hit regions
The New South Wales government has set up two evacuation centres in the state's north coast as severe weather lashes the area.

Qld: Police plead for flood safety
BRISBANE, May 21 AAP - Queensland police are finding it's not just drink drivers who are bloody idiots as they warn against dangerous behaviour in flood waters.

Rudd admits Australia will hit $300 billion debt by 2013
PERTH, May 21 AAP - Federal Opposition Leader Malcolm Turnbull says the prime minister is "ashamed" of the debt he's burdening Australia with.

FED: Entire broadband market must be investigated: Minchin
CANBERRA, May 21 AAP - The Rudd government must ask the Productivity Commission to examine Australia's broadband market or risk billions of dollars on its new national network, the coalition says.

NSW: Girl, 7, died of starvation and neglect, doctor tells court
EAST MAITLAND, NSW, May 21 AAP - Starvation and neglect caused the death of a seven-year-old girl, the doctor who performed her autopsy has told jurors hearing murder charges against her parents.

Vic: Drums containing chemicals washing up on Victorian beaches
MELBOURNE, May 21 AAP - Large drums believed to contain chemicals have been washing up on Victorian beaches since May 10, the Environment Protection Authority (EPA) says.

WA: Severe thunderstorm to hit Perth
PERTH, May 21 AAP - Western Australia is bracing for a severe storm to lash Perth and coastal towns in the southwest on Thursday afternoon.

MID: Iran tests missile with range that can hit Israel
TEHRAN, Iran, May 20 AP - Iran test-fired a missile capable of striking Israel, US mideast bases and Europe on Wednesday - a show of strength touted by President Mahmoud Ahmadinejad as he battles for re-election next month against more moderate opponents.

US: Microsoft to unveil new search engine next week: WSJ
WASHINGTON, May 20 AFP - Microsoft is expected to unveil a new version of its internet search engine next week, The Wall Street Journal reported on Wednesday.

FED: Government's broadband plan a fantasy: Trujillo
Former Telstra boss SOL TRUJILLO has branded the federal government's 43 billion dollar fibre-optic network plan a potential fantasy.

FED: Prove it or lose it: crackdown on illegitimate wealth
The unexplained wealth and extravagant toys of organised crime bosses could be seized .. if draft legislation is recommended by a federal parliamentary committee.

FED: Australians on methadone almost doubles in decade
SYDNEY, May 21 AAP - The number of Australians in treatment programs for their heroin, or other opioid, addiction has almost doubled in a decade.

Metal Storm unveils new shotgun, but may have to head overseas
Australian weapons developer Metal Storm will unveil its new lightweight shotgun in the US this week .. amid speculation the company could be forced offshore.

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