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
Baghdad parties ahead of US pullout
All House Harris News Articles are individually selected by The Editor
Main Feature Story
Iraq death toll spikes as US troops leave cities
By Salam Faraj
Thu Jul 2 04:33:10 EST 2009
BAGHDAD, July 1 AFP - Bombings in the lead-up to the pullback of US forces from Iraq's towns and cities have resulted in the bloodiest death toll seen in the conflict-hit nation in 11 months, official figures show.
About 437 people were killed in June, government ministries announced on Wednesday as Iraqi forces officially took charge in the country's urban areas a day after the pullout of American troops six years after the invasion.
US President Barack Obama, who opposed the 2003 war ordered by his predecessor George W. Bush, hailed the US withdrawal as an "important milestone" but warned of difficult days of bloodshed and violence ahead.
A car bomb attack on Tuesday at a popular market in Kirkuk, an oil hub which has long been riven by ethnic tensions, killed 33 people and wounded 92 others, underscoring the residual unrest that plagues Iraq.
The problem was boldly restated by June's casualty figures, which showed that 372 civilians, 45 policemen and 20 soldiers died in violence nationwide -- the highest toll since July 2008.
Prime Minister Nuri al-Maliki warned last month that insurgents and militias were likely to step up attacks ahead of the June 30 handover deadline, in a bid to undermine confidence in Iraqi security forces.
Regularly Updated News As It Arrives From The Editor
House Harris News
US: Oscar-winning actor Karl Malden dies
LOS ANGELES, July 1 AFP - Oscar-winning actor Karl Malden, known for his distinctive nose and roles opposite Marlon Brando in "A Streetcar Named Desire" and "On The Waterfront," has died. He was 97. More...
NSW: Police find cannabis worth $450k during random breath test
A random breath test on the driver of a van in Sydney's west has allegedly led police to discover cannabis plants and leaf worth close to half a million dollars. More...
US: Obama, Medvedev speak about upcoming summit
US President BARACK OBAMA and Russian President DMITRY MEDVEDEV have discussed by phone issues set to dominate their upcoming summit. More...
GULF: Iraq death toll spikes as US troops leave cities
BAGHDAD, July 1 AFP - Bombings in the lead-up to the pullback of US forces from Iraq's towns and cities have resulted in the bloodiest death toll seen in the conflict-hit nation in 11 months, official figures show. More...
US: Jackson won't be buried at Neverland: LA Times
LOS ANGELES, July 1 AFP - Michael Jackson will not be laid to rest at Neverland Ranch after officials failed to overcome regulations concerning burials on private property, the Los Angeles Times has reported. More...
US: No leaks in Endeavour's fuel tank: NASA
WASHINGTON, July 1 AFP - The US space shuttle Endeavour has apparently cleared a test for potentially harmful hydrogen gas leaks that had twice delayed its high-profile launch, NASA says. More...
US: No leaks in Endeavour's fuel tank: NASA
WASHINGTON, July 1 AFP - The US space shuttle Endeavour has apparently cleared a test for potentially harmful hydrogen gas leaks that had twice delayed its high-profile launch, NASA says. More...
EUR: Gene clues point to inherited risk for schizophrenia
Three teams of scientists say they've identified hundreds of tiny genetic variants that together account for more than a third of the inherited risk for schizophrenia. More...
US: Jackson's will leaves estate in trust
LOS ANGELES, July 1 AP - Michael Jackson's seven-year-old will has been filed in a Los Angeles court, giving his entire estate to a family trust and naming his mother as a beneficiary of the trust and the guardian of his three children. More...
US: Jackson shoots to top of Billboard charts
WASHINGTON, July 1 AFP - Michael Jackson is back on top of the Billboard charts. More...
NSW: Man and woman die in domestic-related shooting
Police say a man and a woman have died in an apparent domestic-related shooting incident in northern New South Wales. More...
Fed: Greens warn Rudd to play fair
CANBERRA, July 1 AAP - The Australian Greens say they are fed up with being taken for granted by the federal government, and warn they are "not a faction" of Labor. More...
EUR: Green power saved Earth from iceball fate
PARIS, July 1 AFP - Vegetation helped save Earth from runaway cooling that would have encased the planet in ice, according to a study published on Wednesday. More...
UK: British train robber Ronnie Biggs refused parole
LONDON, July 1 AFP - One of Britain's most notorious criminals, Ronnie Biggs, has been refused parole on Wednesday by Justice Secretary Jack Straw who says the 79-year-old train robber is "wholly unrepentant". More...
ASIA: NKorea ship turns back, US officials say
TOKYO, July 1 AFP - UN chief Ban Ki-moon has says he is determined to achieve a nuclear-free North Korea amid tension over new UN sanctions on the isolated communist regime. More...
EUR: WHO stands by existing anti-virals against swine flu
GENEVA, July 1 AFP - Existing anti-viral treatments are effective against swine flu, the World Health Organisation insisted on Wednesday, describing a reported case of resistance to Tamiflu as an isolated case. More...
Fed: Chaser 'confuses' Turnbull with Jackson
CANBERRA, July 1 AAP - The Chaser boys have paid tribute to the recent demise of a "truly tragic freak". More...
Vic: Police use car to stop man armed with cleaver, sword
MELBOURNE, July 1 AAP - A police car has knocked over a man wielding a samurai sword and meat cleaver in a stand-off with officers in Melbourne. More...
CIS: Ukrainians want village named after Michael Jackson
KIEV, July 1 AFP - Residents of a Ukrainian village want to rename it after the late pop superstar Michael Jackson, a lawmaker who represents the village says. More...
Fed:Tax cuts to provide economy more support:Swan
Treasurer WAYNE SWAN says the range of new tax relief measures that come into play from today will further help business and jobs in the face of the global recession. More...
MID: Iraq violence may endure as US troops pullout: Gates
US Defence Secretary ROBERT GATES says Al-Qaeda and others are trying to increase the level of violence in Iraq to pretend that they forced the Americans out of the cities. More...
MID: US troops leave Iraqi cities as car bomb kills 26
BAGHDAD, June 30 AFP - Iraqi security forces jubilantly paraded in tanks and armoured vehicles on Tuesday as they took control of towns and cities, but jubilation was marred by a car bomb that killed 26 people and injured 70. More...
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...
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