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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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Feature Story EU rejects Iran interference claims as 'unacceptable'

BRUSSELS, June 22 AFP - The European Union has rejected Iran's claims of EU interference in presidential elections there as "baseless and unacceptable".

"The EU considers the accusations made by various Iranian authorities towards the EU and its member states concerning European interference in the Iranian elections as baseless and unacceptable," a statement said on Monday.

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Feature Story Iranian protesters clash with police, defying ultimatum

TEHRAN, June 20 AFP - Thousands of Iranians have taken to the streets of Tehran in defiance of an ultimatum from supreme leader Ayatollah Ali Khamenei for an end to protests over last week's disputed presidential election.

A suicide bomber meanwhile struck a key regime monument -- the south Tehran mausoleum of revolutionary leader Ayatollah Ruhollah Khomenei, killing himself and wounding three pilgrims, state media reported.

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Feature Story Khamenei says Iran protests must end

TEHRAN, June 19 AFP - Iran's supreme leader Ayatollah Ali Khamenei has demanded an end to street protests over last week's disputed presidential election, siding with declared winner Mahmoud Ahmadinejad.

Making his first public appearance on Friday after daily demonstrations against the results, he ruled out any major fraud in the election and warned that defeated candidates would be held to account over any renewed violence on the streets.

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Feature Story Iran takes centre stage at Twitter conference

NEW YORK, June 18 AFP - Some members of the audience in the darkened New York theatre had paid nearly $US1,200 ($A1,515) for their seats.

But they weren't settling in to watch a hit Broadway musical.

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Feature Story Anti-Ahmadinejad protesters flock to banned demo

TEHRAN, June 15 AFP - "Give back our votes!" hundreds of thousands of Iranians both young and old chanted on Monday at a banned opposition rally in Tehran protesting at President Mahmoud Ahmadinejad's disputed election win.

Defeated presidential candidate Mir Hossein Mousavi also attended the rally in his first public appearance since Friday's poll which he has branded a "charade."

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Feature Story Iran protests mount as Ahmadinejad wins landslide

TEHRAN, June 13 AFP - Hardline incumbent Mahmoud Ahmadinejad won a landslide victory in Iran's hotly-disputed presidential vote, according to official results on Saturday that triggered mass opposition protests and furious complaints of cheating from his defeated rivals.

Riot police clashed with protesters in unrest not seen for a decade as thousands of supporters of main challenger Mir Hossein Mousavi took to the streets shouting "Down with the Dictator" after final results showed Ahmadinejad winning almost 63 per cent of the vote.

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Feature Story Don't worry, it's just a pandemic

PARIS, June 11 AFP - Now it's official: we have a flu pandemic. But what does it mean?

For many, the term may be tinged with fear. It evokes folk memories of three influenza pandemics that erupted last century and claimed tens of millions of lives.

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Feature Story WHO declares flu pandemic

GENEVA, June 11 AFP - The swine flu crisis has escalated into the world's first influenza pandemic in 40 years, the World Health Organisation has declared, after infecting tens of thousands of people in 74 countries.

WHO director-general Margaret Chan says the declaration of a "moderate" pandemic should not be a cause for panic and does not mean the death toll from A(H1N1), which stands at less than 150, will sharply increase.

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Feature Story Economy offers 'rational basis for confidence': Rudd

MELBOURNE, June 9 AAP - Prime Minister Kevin Rudd says Australia's strong economic fundamentals offer a glimmer of hope the nation will escape the worst effects of the global recession.

Speaking at the National Small Business Summit in Melbourne on Tuesday night, Mr Rudd said there was no room for "simple, misty-eyed optimism" and acknowledged business owners faced "tough decisions" amid the downturn.

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Feature Story Obama 'deeply concerned' by sentencing of journalists

WASHINGTON, June 8 AFP - US President Barack Obama is "deeply concerned" over the sentencing of two US journalists by North Korea and is using "all possible channels" to obtain their release, The White House said on Monday.

"The president is deeply concerned by the reported sentencing of the two American citizen journalists by North Korean authorities, and we are engaged through all possible channels to secure their release," White House spokesman Bill Burton told reporters.

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Feature Story Obama wraps up landmark Middle East, Europe trip

PARIS, June 7 AFP - President Barack Obama on Sunday wrapped up a Middle East and Europe tour steeped in history and intense diplomacy, confident he has cleared the "debris" thwarting US relations with the Muslim world.

Obama, who visited Saudi Arabia, Egypt, Germany and France also believes he has made clear what he expects from all leaders in the strife-torn Middle East as he cranks up a regional peace drive, aides said.

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Feature Story Economy dodges recession bullet for now

CANBERRA, June 3 AAP - The economy has avoided a much feared recession on paper, but Prime Minister Kevin Rudd has warned the nation could still experience further periods of negative economic growth in the future.

Exports and household spending helped the economy grow by 0.4 per cent in the first three months of the year, preventing a second consecutive quarter of negative growth that defines a recession.

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Feature Story Swine flu cases hits 500 after another surge in Vic

CANBERRA, June 2 AAP - The number of swine flu cases in Victoria has surged again, adding 89 in one day to push the national tally beyond 500.

And there are fears the number could soar again following Wednesday's State of Origin series opener at Melbourne's Etihad Stadium, where a near sell-out crowd of 50,000 is expected.

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Feature Story Economy - things might not turn out as badly as expected

With the global economy in recession and Australia waiting for news on Wednesday that gross domestic product fell for the second consecutive quarter, it is hard to imagine the slump might not be as steep or as prolonged as it is widely predicted to be.

And perhaps a gloomy outlook for Australia is justified.

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All House Harris News Articles are individually selected by The Editor
Main Feature Story
Solar users to be paid for excess energy, NSW govt

By Adam Bennett 23 Jun 2009 5:28 PM

SYDNEY, June 23 AAP - Solar-savvy households will be paid up to $900 a year to generate their own electricity under a NSW government plan to boost renewable energy.

Under the 20-year scheme, residents plus some schools, small businesses and community groups will be paid 60 cents per kilowatt hour - four times the average cost of electricity.

The net feed-in tariff, which NSW Environment and Climate Change Minister Carmel Tebbutt described as the most generous in Australia, could result in some solar panel owners receiving $900 a year for unused electricity they feed into the electricity grid.

But environmental groups, the Greens and the opposition have bemoaned the failure to implement a more generous gross tariff, which pays for all the power generated, not just what is put into the grid.

They say Tuesday's announcement is a missed opportunity for the state's burgeoning solar energy industry.

Ms Tebbutt said the scheme, which will begin on January 1 and apply to solar systems up to 10 kilowatts in size, could create 500 environmental jobs across NSW.

Continued .....

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

EUR: Norway suspends whaling as demand met: whalers
OSLO, June 24 AFP - Norwegian whalers have suspended their hunt mid-season this year with less than half the quota of 885 whales killed because demand is saturated, a fisheries organisation said on Wednesday.
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Fed: Turnbull dusts himself off and fights on
CANBERRA, June 24 AAP - The animosity between Opposition Leader Malcolm Turnbull and Prime Minister Kevin Rudd in the parliament is palpable.
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US and Iran: decades of bad blood
WASHINGTON, June 23 AFP - Key events in ties between Iran and the United States:
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GULF: Iran rules out scrapping vote as Obama questions results
TEHRAN, June 23 AFP - Iran has ruled out overturning the disputed presidential election as US President Barack Obama says there are significant questions about the poll's legitimacy and condemns the crackdown on post-election protests.
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US: US clean energy law key to global economy: Obama
WASHINGTON, June 23 AFP - US President Barack Obama says landmark legislation before Congress pushing for clean energy will enable the country to spearhead the 21st century global economy.
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Fed: Aust calls for whales to be spared death
CANBERRA, June 23 AAP - Australia has used a global forum to call for an end to lethal scientific research on whales.
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Fed: We don't know who wrote fake email: Hockey
CANBERRA, June 23 AAP - The opposition has no insight into who authored the fake email at the centre of the OzCar affair, the coalition's treasury spokesman Joe Hockey says.
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NSW: Solar users to be paid for excess energy, NSW govt
SYDNEY, June 23 AAP - Solar-savvy households will be paid up to $900 a year to generate their own electricity under a NSW government plan to boost renewable energy.
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NSW: Three boats catch fire on mid-north coast
SYDNEY, June 23 AAP - A man has suffered facial burns after three boats caught fire at a NSW marina.
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NSW: Former MP to appeal child sex case
Former New South Wales MP MILTON ORKOPOULOS will appear in a Newcastle court today .. to appeal against his conviction and sentence for multiple child sex offences.
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EUR: EU rejects Iran interference claims as 'unacceptable'
BRUSSELS, June 22 AFP - The European Union has rejected Iran's claims of EU interference in presidential elections there as "baseless and unacceptable".
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GULF: Riot police fire tear gas on Tehran protesters: witnesses
TEHRAN, June 22 AFP - Iranian riot police armed with clubs and riding motorbikes have fired tear gas as about 1,000 opposition demonstrators gathered in Tehran in defiance of an official ban, witnesses say.
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Fed: Climate debate gets underway in Senate
CANBERRA, June 22 AAP - A marathon debate on emissions trading has started in the Senate - and the government's scheme appears to be in trouble.
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Fed: Turnbull denies giving fake email to newspaper
CANBERRA, June 22 AAP - Opposition Leader Malcolm Turnbull denies giving a fake email at the centre of the OzCar affair to a newspaper, and suggests someone in Treasury could be the culprit.
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NSW: Highway shut as one person dies in seven-vehicle crash
SYDNEY, June 22 AAP - One person died and several others were injured in a seven-vehicle crash that closed the Pacific Highway on the NSW mid-north coast.
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FED: US, UK bigger investors in Oz than China
CANBERRA, June 22 AAP - The United States and Britain remain the biggest investors in Australia, but China is fast rocketing up the ladder, a Senate inquiry was told on Monday.
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Fed: Kids in parliament spat goes to committee
CANBERRA, June 22 AAP - A senate committee will consider amending rules to allow children into the upper house after the removal of a Greens senator's two-year-old created a stir last week
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NSW: Man charged after two-hour police pursuit
A disqualified NSW driver will face Newcastle Local Court today on multiple charges .. after allegedly leading police on a two-hour chase around Newcastle and Lake Macquarie in a stolen car yesterday.
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Weather Flood Warning NSW: Issued 9:23pm, June 21
Australian Government Bureau of Meteorology
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Fed: PM's mate got no special treatment: motor industry chief
CANBERRA, June 21 AAP - The furore over assistance to a car dealer friend of Prime Minister Kevin Rudd took a new turn on Sunday, with a motor industry leader insisting the Brisbane dealer got no special treatment.
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Fed: OzCar scandal set to explode in parliament
The scandal over whether a car dealer friend of KEVIN RUDD received preferential treatment from government officials is set to explode in Parliament tomorrow.
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US: Obama urges Iran to 'stop all violent and unjust actions'
WASHINGTON, June 20 AFP - US President Barack Obama has called on Iran's government to "stop all violent and unjust actions against its own people" amid swelling post-election tensions in the Islamic republic.
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US: Kidnapped NY Times reporter escapes from Taliban: paper
WASHINGTON, June 20 AFP - A New York Times reporter kidnapped last November by the Taliban and held in the mountains of Afghanistan and Pakistan has escaped to freedom, the newspaper says on its website.
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MID: Iranian protesters clash with police, defying ultimatum
TEHRAN, June 20 AFP - Thousands of Iranians have taken to the streets of Tehran in defiance of an ultimatum from supreme leader Ayatollah Ali Khamenei for an end to protests over last week's disputed presidential election.
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US: Kidnapped NY Times reporter escapes from Taliban: paper
WASHINGTON, June 20 AFP - A New York Times reporter kidnapped last November by the Taliban and held in the mountains of Afghanistan and Pakistan has escaped to freedom, the newspaper says on its website.
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MID: Suicide attack at Tehran's Khomeini mausoleum
A suicide bomber has killed himself and wounded a pilgrim at the Tehran mausoleum of Iranian revolutionary leader AYATOLLAH RUHOLLAH KHOMEINI.
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MID: Police clash with Tehran protesters: witnesses
TEHRAN, Iran, June 20 AP - Witnesses say police are using tear and water cannons to disperse thousands of protesters rallying in Tehran to demand a new presidential election.
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MID: One to two thousand protesters in front of Tehran university
TEHRAN, June 20 AFP - One to two thousand protesters have gathered in front of Tehran University, which is close to the site of a mass rally planned on Saturday, a witness told AFP.
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MID: Iraq truck bomb near oil-rich Kirkuk kills at least 22
KIRKUK, Iraq, June 20 AFP - A truck bomb has killed at least 22 people and wounded dozens more in a town south of Iraq's oil-rich city of Kirkuk, the bloodiest attack to hit the country in a month, officials say.
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EUR: Big particle collider restart delayed till October
GENEVA, June 20 AP - The world's largest atom smasher will likely be fired up again in October after scientists have carried out tests and put in place further safety measures to prevent a repeat of the faults that sidelined the $US10 billion ($A12.5 billion) machine shortly after startup last year, the operator said Saturday.
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US: Obama underscores need for stronger consumer protection
WASHINGTON, June 20 AFP - US President Barack Obama has urged stronger consumer protection in financial markets, vowing to defend the interest of those "who play by the rules."
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MID: Iran body ready to recount up to 10 per cent of ballot boxes
TEHRAN, Iran, June 20 AFP - Iran's electoral watchdog the Guardians Council has expressed its readiness to "randomly" recount up to 10 per cent of ballot boxes from last week's disputed presidential election, state television quoted its spokesman as saying.
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MID: Iranian rally organiser backs down amid police warnings
TEHRAN, June 20 AFP - An Iranian group that had planned to organise a rally on Saturday backed down after authorities warned of consequences if they went ahead in defiance of the supreme leader's call for a halt to protest.
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US: Inverted stamp collection sells for more than $US5 million
NEW YORK, June 19 AP - A collection of more than 3,000 inverted stamps has sold at auction in New York for more than $US5 million ($A6.25 million).
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Energy prices drop, with gas leading way
Energy prices drop, with gas leading way
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FED: Ford Australia posts one of its biggest losses - report
SYDNEY, June 20 AAP - Ford Australia has posted one of its biggest losses, despite receiving a $122.4 million financial boost from the federal government.
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MID: Khamenei says Iran protests must end
TEHRAN, June 19 AFP - Iran's supreme leader Ayatollah Ali Khamenei has demanded an end to street protests over last week's disputed presidential election, siding with declared winner Mahmoud Ahmadinejad.
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FED: Rudd launches OzCar probe but denies any wrongdoing
The prime minister's launched a probe into the OzCar affair .. despite his belief that a false email is at the centre of a smear campaign suggesting he tried to a secure a government loan on behalf of a mate.
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Ex-Aust POW demands Japan PM apologize over slave labor
A former Australian prisoner of war has demanded that Japan's Prime Minister TARO ASO apologise for the use of forced POW labour at a coal mine operated by the Aso family during World War II.
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FED: Sydney newspaper publishes "leaked emails"
SYDNEY, June 20 AAP - Emails alleging the Prime Minister's office tried to help Ipswich car dealer John Grant secure a taxpayer-funded loan from the $2 billion OzCar vehicle financing scheme have been published in a Sydney newspaper.
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Fed: Turnbull should put up or shut up - Tanner
MELBOURNE, June 19 AAP - Any email purporting to be from the Prime Minister's office to Treasury concerning the OzCar affair is not genuine, Finance Minister Lindsay Tanner says.
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GULF: Khamenei says Iran protests should end as right man won
TEHRAN, June 19 AFP - Iran's supreme leader Ayatollah Ali Khamenei has called for an end to street protests over last week's disputed presidential election, siding with declared winner Mahmoud Ahmadinejad.
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