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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Feature Story
Exact details of Jackson death remain unclear
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Main Feature Story
Fewer see Turnbull capable of leadership: survey
By Colin Brinsden
29 Jun 2009 4:30 PM
CANBERRA, June 29 AAP - The news doesn't get any better for Malcolm Turnbull with a fourth opinion poll questioning his ability to lead the opposition, his honesty and his vision for the party.
The weekly Essential Research online survey found Mr Turnbull's disapproval rating spiked to 57 per cent, up from 49 per cent in May, while his approval rating was down six points to 24 per cent.
At the same time, Prime Minister Kevin Rudd's approval rating with 1,145 respondents is steady at 62 per cent, with just 27 per cent - down two points - disapproving of his performance.
Labor improved its two-party preferred position by one point to 58 per cent as the coalition dipped to 42 per cent.
Respondents saw Mr Turnbull as intelligent and hard working, but only 39 per cent regarded him as a capable leader, down from 60 per cent in September last year.
Nearly 70 per cent regard him as arrogant, two out of three feel he is out of touch with ordinary people while about half say he is too inflexible and narrow-minded.
One in six respondents viewed him as honest, compared to one in four previously.
Regularly Updated News As It Arrives From The Editor
House Harris News
MID: Iraqis take control as US troops leave cities
BAGHDAD, June 30 AFP - Iraqi forces prepared to take control of towns and cities nationwide as American troops finally withdrew in a milestone for the country's recovery six years after the US-led invasion. More...
US:Jackson's death unleashes barrage of online scams
SAN JOSE, California AP - Minutes after any big celebrity dies, internet swindlers get to work. They pump out specially created spam emails and throw up malicious web sites to infect victims' computers, hoping to capitalise on the sudden high demand for information. More...
US: Bernard Madoff gets maximum 150 years in prison
NEW YORK, June 29 AP - Convicted swindler Bernard Madoff was sentenced to 150 years in prison on Monday for fraud so extensive that the judge said he needed to send a symbolic message to those who might imitate his fraud and to victims who need relief. More...
MID: Iran police out in force as election result upheld
TEHRAN, June 29 AFP - Iranian police have been out in force across the capital Tehran as the authorities uphold the official results of this month's fiercely-disputed presidential election over opposition protests. More...
MID: Baghdad parties ahead of US pullout
BAGHDAD, June 29 AFP - Tens of thousands of Iraqis partied amid massive security in Baghdad on Monday to mark the imminent pullout of US troops from urban areas and celebrate the restive nation's reclaimed sovereignty. More...
Victims lash out at Madoff sentencing
Excerpts from statements made by victims of Bernard Madoff's financial fraud. Madoff was sentenced to 150 years in prison on Monday. More...
Madoff - Wall Street baron behind massive con trick
NEW YORK, June 29 AFP - In a city famous for money and theatre, Wall Street doyen Bernard Madoff was a master of both, using his charm to wheedle billions from his clients who little suspected he was a master con artist. More...
Rising Australian dollar should help curb petrol price gains
CANBERRA, June 29 AAP - A strengthening Australian dollar should help petrol prices stabilise around current levels after hitting a fresh eight-month high last week, an economist says. More...
CAM: Honduras president in exile, new leader orders curfew
TEGUCIGALPA, June 28 AFP - The newly appointed leader of Honduras Roberto Micheletti ordered a 48-hour curfew late on Sunday after denying there had been a coup d'etat on deposed President Manuel Zelaya. More...
Qld: Swine flu vaccine expected on shelves within months
BRISBANE, June 29 AAP - A swine flu vaccine made using insect cells is only months away from being available in Australia as researchers seek approvals for human trials. More...
MID: Iran begins partial recount of disputed vote
TEHRAN, June 29 AFP - Iran's top election body has begun a partial recount of the fiercely disputed presidential election, after opposition demonstrators defiantly faced off against riot police in Tehran. More...
Fed: Space seeds growing conservation efforts
SYDNEY, June 29 AAP - Hopes for self-sustaining human colonies in space have been renewed by an Australian experiment with native plant seeds. More...
Fed: Fewer see Turnbull capable of leadership: survey
CANBERRA, June 29 AAP - The news doesn't get any better for Malcolm Turnbull with a fourth opinion poll questioning his ability to lead the opposition, his honesty and his vision for the party. More...
Fed: Turnbull gives statement to AFP over OzCar email
Opposition Leader MALCOLM TURNBULL has met federal police investigating a fake email central to the OzCar affair .. admitting it's been a tough week for the Liberals .. but says the party remains united. More...
FED: Turnbull takes big hit in new polls
SYDNEY, June 29 AAP - Three new polls show the OzCar scandal has slashed support for Opposition Leader Malcolm Turnbull and the Coalition. More...
Fed: Qld Uni scientists to unveil swine flu vaccine
BRISBANE, June 29 AAP - University of Queensland (UQ) scientists on Monday will reveal their swine flu vaccine. More...
CAM: Honduran president arrested by troops in feared coup
TEGUCIGALPA, June 28 AFP - Honduran troops have arrested President Manuel Zelaya in an apparent military coup to stop him pressing ahead with a constitutional referendum, in a move triggering global concern. More...
CAIRO, June 28 AP - A Bahraini royal mourned him publicly, young Lebanese held a candlelight tribute, Egyptian musicians hailed him as an inspiration. More...
Vic: First home buyers handouts up, water bills rise
MELBOURNE, June 28 AAP - Victorians buying their first home will be eligible for up to $36,500 in state and federal government grants from Wednesday. More...
Rudd hails "good news" on climate in US
CANBERRA, June 28 AAP - Prime Minister Kevin Rudd has seized on US progress on climate change to call for action domestically. More...
EUR: Priest blames Holy Wine for drink-driving
ROME, June 27 AFP - An Italian priest caught driving over the alcohol limit told police it was only because of the holy wine he had drunk at mass, Ansa news agency reported on Saturday. More...
Fed: Jackson set to posthumously top Aussie charts
SYDNEY, June 28 AAP - Don't Stop 'Til You Get Enough is ringing true for Michael Jackson's Australian fans keen to snap up pieces of musical history following the King of Pop's sudden death. More...
Rudd video message attacks opposition, talks up economy
CANBERRA, June 28 AAP - Prime Minister Kevin Rudd has used a video message to describe his opponents as failed smear campaigners. More...
US: Exact details of Jackson death remain unclear
LOS ANGELES, June 26 AP - The final act of Michael Jackson's life came into clearer focus on Friday, a picture of a fallen superstar under the care of his own private cardiologist as he tried to get his 50-year-old body in shape for a gruelling bid to reclaim his glory. More...
US: Obama thought Jackson a 'tragic' icon: spokesman
WASHINGTON, June 26 AFP - President Barack Obama regarded Michael Jackson as a musical icon, but thought aspects of his life were sad and tragic, his spokesman said, sending condolences to the pop star's family. More...
US: Sales of Jackson music, videos climb online
NEW YORK, June 26 AP - Michael Jackson's death has led to skyrocketing sales of his music and videos, with major retailers like Amazon.com and Barnes and Noble selling out of products that have regained immense popularity overnight. More...
US: At least one million have had swine flu in US: official
WASHINGTON, June 26 AFP - At least one million people in the United States have had swine flu, or about 50 times more than the number of cases reported to health authorities, an official at the Centres for Disease Control and Prevention (CDC) says. More...
Vic: Hoon caught 130km/h over speed limit
MELBOURNE, June 27 AAP - Police have seized the car of a 21-year-old man clocked driving at 130km/h over the speed limit in Melbourne overnight. More...
US: US House passes historic climate change bill
WASHINGTON, June 26 AP - In a triumph for President Barack Obama, the Democratic-controlled House of Representatives narrowly passed sweeping legislation on Friday that establishes the United States' first limits on pollution linked to global warming and aims to usher in a new era of cleaner, yet more costly energy. More...
Qld Bushwalkers missing
Queensland Police and SES volunteers are continuing to search for five bushwalkers missing from Neurum Creek .. near Woodford. More...
SYDNEY, June 27 AAP - Renewed bikie-related violence has prompted NSW police to offer a $100,000 reward over the murder of a Sydney man with alleged links to organised crime. More...
NSW: Two men charged over glassing incident at Maroubra
SYDNEY, June 27 AAP - A man has been glassed and beaten up while celebrating a friend's birthday in Sydney's east. More...
WA: Young Perth woman is fifth Australian to die with swine flu
PERTH, June 27 AAP - A 26-year-old Perth woman has become the fifth Australian to die after being diagnosed with swine flu, Western Australia's chief health officer says. More...
EUR: Swiss team unveils pioneering solar plane
GENEVA, June 26 AFP - Round-the-world balloooning pioneer Bertrand Piccard has unveiled his solar-powered aircraft in Switzerland, ready for another trend-setting circumnavigation of the globe powered solely by the sun. More...
FED: Crisis costs Australians 36pc of their wealth
SYDNEY, June 27 AAP - It's been revealed that Australian households have lost 36 per cent of their financial wealth since the economic crisis began. More...
Pac:Police demolish settlement where 3 die in Origin violence
PORT MORESBY, June 26 AAP - Papua New Guinea police have demolished a settlement where three people were killed in State of Origin-related violence. More...
Fed: New OzCar attack falls flat as parliament breaks
After a week of Ozcar intrigue and Utegate aggro .. parliamentarians have gone on to their winter break .. after a last battle of words yesterday. More...
NSW: One dead, two serious after western Sydney shootout
SYDNEY, June 26 AAP - A man has been arrested following a gunfight in Sydney's southwest that killed a man and left two others injured. More...
NSW: One dead, two injured after being gunned down=3D2
Police locked down an area near the intersection of Henry Lawson Drive and Milperra Road, at Milperra, late on Thursday. More...
Eight Iran militiamen killed in vote unrest: Press TV
TEHRAN, June 25 AFP - Eight members of Iran's Basij militia have been killed in bloody clashes triggered by this month's disputed presidential election, the state-owned English-language channel Press TV said on its website on Thursday. More...