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
Iraq death toll spikes as US troops leave cities
All House Harris News Articles are individually selected by The Editor
Main Feature Story
Russia, Obama clinch deals to revive ties
By Anna Smolchenko and Laurent Lozano
Tue Jul 7 03:38:49 EST 2009
MOSCOW, July 5 AFP - US and Russian leaders Barack Obama and Dmitry Medvedev have announced agreements on nuclear arms cuts and Afghanistan as they seek a new era in battered relations.
The two sides issued a joint declaration on replacing a key disarmament treaty, including figures for reductions in nuclear warheads, and clinched a breakthrough deal for US military transit for Afghanistan across Russia.
But as Obama made his first visit to Moscow as president they still remained at odds over US plans to install a missile defence shield in eastern Europe, an initiative that remains a major bone of contention.
The declaration signed by the presidents pledged to reach a new nuclear arms reduction pact to replace the 1991 START accord, the White House said.
"The presidents signed a joint understanding for a follow-on agreement to START that commits both parties to a legally binding treaty that will reduce nuclear weapons," the White House said in a statement.
The declaration also called for a reduction in the number of nuclear warheads in Russian and US strategic arsenals to between 1,500 and 1,675 within seven years.
Regularly Updated News As It Arrives From The Editor
House Harris News
US: US military releases Afghan news over Facebook
WASHINGTON, July 6 AFP - The US military used the social networking site Facebook to announce new tactics for its forces in Afghanistan, long before it issued the news through a standard press release. More...
EUR: Global swine flu infections pass 90,000: WHO
GENEVA, July 6 AFP - Swine flu has infected 94,512 people worldwide and been blamed for 429 deaths since it was first detected in April, the World Health Organisation said on Monday. More...
CIS: Russia allows US troops, arms transit to Afghanistan
MOSCOW, July 6 AFP - Russia has authorised the use of its airspace for the transit of US troops and arms to Afghanistan, according to an agreement announced on Monday during US president Barack Obama's visit to Moscow. More...
CIS: Russia, Obama clinch deals to revive ties
MOSCOW, July 5 AFP - US and Russian leaders Barack Obama and Dmitry Medvedev have announced agreements on nuclear arms cuts and Afghanistan as they seek a new era in battered relations. More...
CIS: Obama wins Russian support on Afghanistan
MOSCOW, July 6 AFP - US president Barack Obama has won Russian support for the war in Afghanistan with a breakthrough agreement allowing a dozen flights a day to transit US troops and weapons over Russian territory. More...
UK: World's oldest Christian Bible digitized
LONDON, July 6 AP - The British Library says the surviving pages of the world's oldest Christian Bible have been reunited - digitally. More...
CIS: Medvedev, Obama sign declaration on weapons cuts
MOSCOW, July 6 AFP - Russian President Dmitry Medvedev and US President Barack Obama signed a declaration on Monday pledging to reach a new nuclear arms reduction pact to replace the 1991 START accord, the White House said. More...
CIS:Russia hopes to close 'difficult pages' in US ties: Medvedev
MOSCOW, July 6 AFP - Russian President Dmitry Medvedev told visiting US President Barack Obama on Monday he hoped that their summit would close difficult pages in US-Russian relations. More...
CIS: Obama in Moscow to revive troubled Russia ties
CIS: Russia, US agree summit text on weapons cuts: report
MOSCOW, July 6 AFP - US and Russian officials have agreed the text of a declaration to be signed by the two countries' presidents on a framework for replacing a key Cold War-era disarmament treaty, a report said on Monday. More...
UK: Britain says eighth Tehran embassy worker freed
LONDON, July 6 AFP - Britain has confirmed that Iran has released an eighth staff member of the British embassy in Tehran, leaving one still in detention. More...
Qld: Woman assaults police after "breaking" into own car
BRISBANE, July 6 AAP - A Brisbane woman seriously assaulted a police officer after he tried to arrest her for breaking into her own car, a court has heard. More...
NSW: Driver accused of murdering pedestrian after crisps thrown
SYDNEY, July 6 AAP - An alcohol- and drug-fuelled woman murdered a pedestrian by driving at him after he threw cheese and bacon crisps at her car, a Sydney court has been told. More...
US: Biden says Israel free to set own course on Iran
WASHINGTON, July 5 AP - US vice-president Joe Biden has signalled that the Obama administration will not stand in the way if Israel chooses to attack Iran's nuclear facilities, even as the top US military officer says any attack on Iran will be destabilising. More...
EUR: Bosnia registers second swine flu case
SARAJEVO, July 5 AFP - Bosnia has announced its second swine flu case -- a teenage girl who recently returned from Australia. More...
Fed: Howard comfortable with decision not to apologise
SYDNEY, July 5 AAP - John Howard says he is still comfortable with his decision not to apologise to the stolen generation, while defending his government's "paternalistic" indigenous policies. More...
CIS: Obama seeks new start in US-Russia relations
MOSCOW, July 5 AP - Presidents Barack Obama and Dmitry Medvedev will end a seven-year hiatus in US-Russian summitry, with both men declaring their determination to further cut nuclear arsenals and repair a badly damaged relationship. More...
ASIA: Landslides, floods kill 15 in northern Vietnam
HANOI, July 5 AP - Landslides and floods triggered by heavy rains have killed at least 15 people and left 13 others missing in Vietnam's northern mountainous region, disaster officials say. More...
CHN: Torrential rain in China leaves 15 dead: state media
BEIJING, July 5 AFP - At least 15 people have died and over 400,000 had to be evacuated in China after torrential rain destroyed houses and caused rivers to overflow, state media says. More...
MID: Israel stands firm on settlements ahead of US envoy meeting
JERUSALEM, July 5 AFP - Israel will not bow to pressure from Washington to halt settlement activity in the West Bank even for a temporary period, a minister from the governing Likud party says. More...
UK: Iran to free eighth British embassy worker: Miliband
LONDON, July 5 AFP - Iran is to release an eighth Iranian employee of the British embassy in Tehran later on Sunday, Foreign Secretary David Miliband said, bringing to one the number still in custody. More...
ASIA: Two British soldiers killed in Afghanistan
KABUL, July 5 AFP - Two British soldiers were killed in a bomb blast in southern Afghanistan's Helmand province where US Marines and British troops are cracking down on Taliban insurgents, the military says. More...
NSW: Second swine flu death recorded in NSW
SYDNEY, July 5 AAP - A man with serious medical problems including diabetes has become the second person to die in NSW after contracting swine flu, health authorities say. More...
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...
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