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
UK: 'Sad' Madonna plans Jackson tribute at London show
LONDON, July 4 AFP - Madonna will perform a special tribute to Michael Jackson during her London show at the venue where he was due to stage his farewell shows, she says. More...
US: Palin resigning as Alaska governor
WASILLA, Alaska, July 3 AP - Alaska Governor Sarah Palin, former Republican vice presidential candidate, has announced she's resigning from office at the end of the month without explaining why she plans to step down, raising speculation that she'll focus on a run for the White House in the 2012 race. More...
US: Sarah Palin resigns as Alaska governor
ANCHORAGE, Alaska, July 3 AFP - In a surprise move, Alaska Governor Sarah Palin says she is stepping down and will not seek re-election, fuelling swift speculation of a possible 2012 White House bid. More...
MID: Biden warns of 'hard road ahead' as he visits Iraq
BAGHDAD, July 3 AFP - Vice President Joe Biden warned Iraqi officials that Washington would politically disengage if sectarian and ethnic strife resumed as he warned of a "hard road ahead". More...
NSW: Body of man found in burnt-out unit
SYDNEY, July 4 AAP - The body of a man has been found inside a unit after firefighters brought a blaze under control at the property at Wyong on the NSW central coast. More...
ASIA: Report: NKorea fires 2 mid-range missiles
SEOUL, July 4 AP - North Korea has fired two mid-range missiles off it eastern coast, a news report says. More...
CAM: OAS head to press global concerns in Honduras
TEGUCIGALPA, July 3 AFP - The head of the Organisation of American States has arrived in Tegucigalpa for talks to try to resolve the political mayhem triggered in Honduras by the ousting of President Manuel Zelaya. More...
US: Palin resigning as Alaska governor
WASILLA, Alaska, July 3 AP - Alaska Governor Sarah Palin, former Republican vice presidential candidate, says she's resigning from office at the end of the month, raising speculation that she'll focus on a run for the White House in the 2012 race. More...
SA: Future of state Liberals to be decided today
South Australia's Liberal Party hopes to end internal tension .. by deciding the future of embattled leader MARTIN HAMILTON-SMITH at a party meeting today. More...
EUR: Swiss village unveils giant plastic Michael Jackson statue
ZURICH, July 3 AFP - A giant plastic statue of Michael Jackson has been unveiled in a village near the Swiss city of Zurich, ahead of a ceremony to pay homage to the late pop icon. More...
US: LA braces for horde of Michael Jackson mourners
LOS ANGELES, July 3 AP - Los Angeles officials are trying to figure out how to accommodate a public memorial service for Michael Jackson at a venue that can hold no more than 20,000 people. More...
EUR: Croatian swine flu victim recently in Australia
ZAGREB, July 3 AFP - The Croatian government has announced the country's first swine flu case in a woman who recently returned from Australia. More...
US: Powerful sedative found in Michael Jackson's home
LOS ANGELES, July 3 AP - The powerful sedative Diprivan was found in Michael Jackson's home, a law enforcement official says. More...
CIS: Obama appeals to sceptical Russians
MOSCOW, July 3 AP - Barack Obama dolls have hit Moscow shelves and a bar is handing out half-price cocktails to anyone who says the magic words "Yes we can" in anticipation of the American president's arrival in Moscow on Monday, July 6, for a summit. More...
US: Fans urged to stay away from Jackson memorial
LOS ANGELES, July 3 AFP - Fans preparing to descend on Los Angeles for next week's Michael Jackson memorial service are being urged to watch the event via television amid fears of huge crowds of mourners at the event. More...
MID: Iranian cleric threatens trial for British embassy staff
TEHRAN, July 3 AFP - A powerful Iranian cleric says British embassy local staff arrested for allegedly stoking post-election unrest will be put on trial, a move that's prompted coordinated protests from European governments. More...
UK: No evidence of imminent North Korean missile launch: Britain
LONDON, July 3 AFP - Britain's ambassador to Pyongyang says there's currently no evidence that North Korea is preparing to launch a long-range missile, after it test-fired four short-range ones. More...
Services sector grows for 1st time in 15 months in June, survey
SYDNEY, July 3 AAP - Rising confidence among consumers about the outlook for the economy has helped the services sector expand for the first time in 15 months in June, a survey shows. More...
US: Facebook revising privacy settings
WASHINGTON, July 2 AFP - Facebook is revising its privacy settings to give the more than 200 million users of the social network the ability to share as much or as little about themselves online as they want. More...
ASIA: N Korea fires four short-range missiles amid nuke standoff
South Korean military officials say North Korea has test-fired four short-range missiles .. further fuelling tension sparked by its nuclear standoff with the international community. More...
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...