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
Leading economies agree to battle protectionism, warming
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Main Feature Story
Terror stalks Indonesia as hotel bombs kill at least 8
Fri Jul 17 20:48:27 EST 2009
JAKARTA, July 17 AFP/AP/AAP - High-explosive bombs tore through two luxury hotels in Jakarta on Friday, killing at least eight people including foreigners as terrorism returned to the world's most populous Muslim nation.
Australian trade official Craig Senger and Perth businessman Nathan Verity were believed to be among the victims of the deadly bomb blasts.
Geoff Lazarus told AAP Mr Senger, his nephew, was almost certainly among the dead.
Nathan Verity was a human resources and recruitment manager based in Indonesia.
Jim Truscott, a personal friend, said Mr Verity lived in Perth with his wife Vanessa and five-year-old son but ran his business out of Jakarta.
A New Zealander among the victims was identified by his employer as Timothy David Mackay, 62, who worked for cement products manufacturer PT Holcim Indonesia. He was reportedly attending a business meeting at the Marriott Hotel when the explosions occurred.
Officials said at least 41 other people were injured when two breakfast-time blasts shook the Indonesian capital's Ritz-Carlton hotel and the nearby JW Marriott, leaving terrified people bloodied from flying glass and debris.
The suspected suicide bomber at the Marriott hotel had disguised himself as a guest of the killing at least seven people, senior police said on Friday.
Regularly Updated News As It Arrives From The Editor
House Harris News
ASIA: Afghanistan-Pakistan together in war on terror: ministers
KABUL, July 18 AFP - Afghanistan and Pakistan have vowed to work together in the fight against an insurgency gripping both nations, promising boosted border controls and closer co-operation on arresting terror suspects. More...
US: Astronauts on first space walk of Endeavour mission
WASHINGTON, July 18 AFP - Two astronauts from the US space shuttle Endeavour have ventured out for the first of five planned spacewalks aimed at completing a Japanese laboratory at the International Space Station. More...
ASIA: Australia to help Indonesia after terrorist attack
Australia's offered to treat any of the 55 people injured in Friday's terrorist attacks in Jakarta that left nine people dead. More...
NSW: Family of five killed in northern Sydney
SYDNEY, July 19 AAP - A family of five, including two children, have been killed in a northern Sydney home in what's believed to have been a violent robbery. More...
ASIA: Clinton urges global terror fight, honours Mumbai victims
MUMBAI, July 18 AFP - US Secretary of State Hillary Clinton called for a global fight against terrorism after paying tribute to victims of last year's deadly Mumbai attacks, as she began a visit to India. More...
ASIA: Malaysian extremist behind Indonesia attacks: official
JAKARTA, July 18 AFP/AAP - A Malaysian extremist wanted for a string of terror attacks has been named as the likely culprit behind suicide bombings at two luxury hotels in Indonesia that left eight dead, including three Australians, and 55 injured. More...
ASIA: Singapore confirms first swine flu-related death
SINGAPORE, July 18 AP - Singapore's health ministry has confirmed the country's first swine flu-related death, a 49-year-old pneumonia patient who suffered a heart attack. More...
Vic: Swine flu eases hold on Victoria
MELBOURNE, July 19 AAP - Swine flu appears to be easing its grip on Victoria. More...
NSW: Neale denies bush ordeal was hoax
SYDNEY, July 18 AAP - British backpacker Jamie Neale has denied his 12-day bush ordeal was a hoax, saying he wrote goodbye notes to his family thinking he would die in the NSW Blue Mountains. More...
Vic: Fire at Spotlight store in Sth Melb
MELBOURNE, July 17 AAP - A large fire at a fabric and home interior store in inner Melbourne may have been deliberately lit. More...
NSW: Police smash cocaine ring during series of raids
Police say they've smashed a Sydney cocaine ring. More...
US: Obama condemns Jakarta bombings
WASHINGTON, July 17 AP - President Barack Obama has condemned the "outrageous attacks" on two hotels in the Indonesian capital, and US officials say at least eight Americans were among those wounded in the suicide bombings. More...
ASIA: Suicide blasts at Jakarta Ritz, Marriott kill eight
JAKARTA, Indonesia, July 17 AP/AAP - Suicide bombers who checked in as guests smuggled explosives into two American luxury hotels in Indonesia's capital and set off bombs that killed at least eight people and wounded more than 50, investigators say. More...
Fed: Catholic church confesses it is climate change sinner
SYDNEY, July 18 AAP - The Catholic Church has confessed it is one of the biggest carbon emission sinners in Australia. More...
Analysis: Jakarta blasts show militants resilient
JAKARTA, July 17 AP - Twin hotel bombings on Friday appear to show the resilience of al-Qaeda-linked militants in Indonesia despite a crackdown that many assumed had left them seriously weakened. More...
Fed: "Grave concerns" for Australians caught in Jakarta blasts
SYDNEY, July 17 AAP - The federal government was working on Friday night to confirm the identities of three Australians believed to have been killed in the Indonesian terrorist hotel blasts. More...
ASIA: Terror stalks Indonesia as hotel bombs kill at least 8
JAKARTA, July 17 AFP/AP/AAP - High-explosive bombs tore through two luxury hotels in Jakarta on Friday, killing at least eight people including foreigners as terrorism returned to the world's most populous Muslim nation. More...
Fe: Perth businessman among Jakarta bomb blast dead
PERTH, July 17 AAP - Perth businessman Nathan Verity is one of the eight people killed in the Jakarta bomb blasts, a friend and business colleague says. More...
Vic: Fire at Spotlight store in Sth Melb
A large fire has broken out at fabric and home interior store in inner Melbourne. More...
WA: Perth businessman one of two Australians killed in Indon
PERTH, July 17 AAP - Perth businessman Nathan Verity is believed to be one of two Australians killed in the Jakarta hotel terrorists bombings. More...
Fed: Australians feared killed in Jakarta bombings
CANBERRA, July 17 AAP - Trade official Craig Senger is believed to be among two Australians feared killed in the deadly bomb blasts that rocked two Jakarta hotels on Friday, claiming at least eight lives. More...
UK: British survival experts question Neale's bush ordeal
British survival experts have joined the doubters who've questioned how backpacker JAMIE NEALE survived for 12 days lost in the Blue Mountains. More...
ASIA: Police say eight died in Jakarta hotel bomb attacks
JAKARTA, July 17 AP - Jakarta's police chief says the bomb attacks on two hotels in Jakarta killed 8 and wounded 50, including 18 foreigners. More...
Vic: Driver tells of violent impact in tunnel crash
MELBOURNE, July 17 AAP - Truck driver David Kalwig began braking as soon as he entered the Burnley tunnel before sparking the chain of fiery collisions which killed three people, a court has heard. More...
Qld: Coroner criticises police pursuit in schoolgirl's death
BRISBANE, July 17 AAP - Police should have called off the pursuit of a stolen vehicle before it struck and killed a schoolgirl on a pedestrian crossing, a coroner in Queensland has found. More...
ASIA: Attacks vindicate government's caution
JAKARTA, July 17 AAP - Australians who live, work and play in Indonesia have been taught a valuable lesson these past seven days. More...
Vic: Projected death toll based on best medical advice: Roxon
MELBOURNE, July 17 AAP - Australia should brace itself for more fatalities during the current swine flu pandemic, federal Health Minister Nicola Roxon has warned. More...
Fed: Aust Trade official killed in Jakarta blasts
CANBERRA, July 17 AAP - Australian trade official Craig Senger has been killed in the deadly bomb blasts that rocked two Jakarta hotels, claiming at least nine lives on Friday. More...
NSW: Make divorce harder, Abbott says
Liberal Party frontbencher TONY ABBOTT would like it made harder for married couples to get a divorce. More...
ASIA: Australian shot dead at US mine in Indonesia
JAKARTA, July 11 AAP - An Australian has been shot and killed, possibly by a sniper, near a massive gold and copper mine in Indonesia's volatile Papua region. More...
Vic: School hall burns in Melbourne's southeast
About 40 firefighters are battling a blaze at a school in Melbourne's south-east. More...
NSW: Armed man steals hotel's takings
SYDNEY, July 11 AAP - A hotel employee has been robbed by an armed gunman while counting money in Sydney's south, police say. More...
EUR: Rudd fears leaders unable to reach agreement on climate
Rudd and Rasmussen on Thursday signed off on an agreement with 14 other developed and developing countries, including the United States, Britain and China, meeting at L'Aqulia that global warming should be held to two degrees celsius in an attempt to combat climate change and reduce greenhouse gas emissions. More...
NSW: Boatbuilder sentenced to jail over four yachting deaths
SYDNEY, July 10 AAP - A boatbuilder found guilty of manslaughter after four people died when a yacht broke up at sea has been sentenced to three years jail. More...
Fed: Aussie viewers get new TV shows
SYDNEY, July 10 AAP - A weight loss dancing competition, a new Australian action drama and a show about unruly teenagers will be among fresh offerings for viewers over the coming months. More...
NSW: Father believes missing daughter was taken by cult
SYDNEY, July 10 AAP - The father of a NSW Central Coast woman missing for seven years says he fears that she has joined a cult. More...
EUR: 'Historic consensus' at G8 on climate change
L'AQUILA, Italy, July 9 AFP - US President Barack Obama has hailed what he said was an "historic consensus" on battling climate change between the leaders of the world's 17 leading economic powers. More...
EUR: Leading economies agree to battle protectionism, warming
An earthquake in southwestern China has injured more than 330 people .. 56 of them seriously .. and damaged thousands of homes. More...
EUR: 'Historic consensus' at G8 on climate change
L'AQUILA, Italy, July 9 AFP - An "historic consensus" on cutting pollution was reached at a G8 summit, US President Barack Obama said on Thursday, adding that developed nations have a responsibility to take the lead on climate change. More...
Economic downturn keeps lid on housing rents - report
SA: Man kills himself after leaving trail of destruction in SA
ADELAIDE, July 9 AAP - He rolled a car, stabbed a policeman, stole the officer's patrol car and ran a man over on the way to a remote property where he sexually assaulted an elderly woman. More...
Seeking writer to do opinion