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
Four remain in custody following anti-terror raids
All House Harris News Articles are individually selected by The Editor
Main Feature Story
Tearful reunions as Clinton mission raises NKorea hopes
Thu Aug 6 03:27:38 EST 2009
by Rob Woollard
BURBANK, California, Aug 5 AFP - Two US journalists tearfully rejoined their families on Wednesday after Bill Clinton won their freedom on a historic trip to North Korea that opened up new possibilities for dialogue with the nuclear-armed hermit state.
Laura Ling, 32, threw her arms triumphantly in the air as she descended the steps from Clinton's chartered plane in Burbank, California and 36-year-old Euna Lee broke down in tears as she hugged her four-year old daughter Hana.
"Thirty hours ago Euna Lee and I were prisoners in North Korea," said Ling.
"We feared that at any moment we could be sent to a hard labour camp and then suddenly we were told that we were going to a meeting. We were taken to a location and when we walked through the doors, we saw standing before us president Bill Clinton."
Ling praised Clinton and his "supercool team" for securing their release and bringing to an end a 140-day ordeal that began with their arrest back in March as they reported from near North Korea's border with China.
Clinton's landmark meeting on Tuesday with reclusive North Korean leader Kim Jong-Il raised hopes of renewed US engagement with Pyongyang over its nuclear program although the first noises from President Barack Obama's administration were full of caution.
Regularly Updated News As It Arrives From The Editor
House Harris News
Banks, unemployment data push market higher
MELBOURNE, Aug 6 AAP - The Australian sharemarket closed stronger, pulled up by the resource and financial sectors after better than expected unemployment data and a re- rating of banking stocks. More...
NSW: Dire warnings from scientists as Sydney marks Hiroshima Day
SYDNEY, Aug 6 AAP - Anti-nuclear campaigners have marked the 64th anniversary of the world's first atomic attack with a plea for Australia to reconsider its uranium exports. More...
GULF: Defiant Ahmadinejad sworn in as police break up protests
US: US journalists held separately for four months: sister
LOS ANGELES, Aug 5 AFP - The two US journalists freed by North Korea after more than four months in custody were held separately for most of their time behind bars, a sister for one of the women says. More...
ASIA: Asian nations welcome release of US journalists
TOKYO, Aug 5 AP - South Korea, Japan and China have welcomed the release of two US journalists held by North Korea since March, with Beijing and Tokyo expressing hope that former US president Bill Clinton's trip to the communist nation would help restart nuclear disarmament talks. More...
US: North Korea must stop provocative behavior: Obama
WAKARUSA, Indiana, Aug 5 AFP - President Barack Obama said Wednesday North Korea must stop its nuclear program and provocative behavior, addressing the diplomatic fallout from Pyongyang's release of two US journalists. More...
US: Russian subs patrolling off US coast: Pentagon
WASHINGTON, Aug 5 AFP - The US military on Wednesday said Russian subs were patrolling off the US East coast but Moscow shrugged off the report, saying its vessels always operate legally. More...
Fed: Man accused of plotting terrorism delivers court outburst
One of five men charged with plotting a suicide attack on the Holsworthy army base in New South Wales has accused Australian soldiers of terrorism .. telling the Melbourne Magistrates Court the Australian army kills innocent people in Iraq and Afghanistan. More...
Recent figures show economy still dodging recession bullet
Figures released this week provide fair hope that Australia's dodged the recession bullet again in the June quarter. More...
US: Tearful reunions as Clinton mission raises NKorea hopes
LONDON, Aug 5 AP - Swiss drugmaker Novartis has begun injecting its swine flu vaccine into people in the company's first human tests, a spokesman said on Wednesday. More...
AFR: Clinton urges Kenyans to act on post-poll unrest
NAIROBI, Aug 5 AFP - US Secretary of State Hillary Clinton has urged Kenya's leaders to "exercise the will" to bring to justice those responsible for the violence that followed disputed December 2007 polls. More...
FED: Greg Combet lets fly at Steve Fielding's climate scepticism
CANBERRA, Aug 5 AAP - The federal government may have long given up any hope of convincing Family First senator Steve Fielding to support its emissions trading scheme, but now it's decided to stick the boot in. More...
US: Ling thanks 'supercool' Clinton team, feared labor camp
BURBANK, California, Aug 5 AFP - Laura Ling has thanked Bill Clinton and his "supercool team" for winning her release from North Korea and said she feared before seeing him she was being taken to a hard labor camp. More...
US: Clinton, two freed journalists return to US
BURBANK, California, Aug 5 AFP - Former US President Bill Clinton and US journalists Euna Lee and Laura Ling returned Wednesday from North Korea, one day after North Korea's leader Kim Jong-Il pardoned the two women. More...
US: Obama visits White House press room on birthday
WASHINGTON, Aug 4 AP - President Barack Obama is celebrating his own birthday by leading the White House press corps in singing Happy Birthday to veteran US reporter Helen Thomas. More...
CAN: Canada calls on Australian help as forest fires rage
VANCOUVER, Canada, Aug 4 AFP - Canada has sought Australian help in bringing under control forest fires sweeping through parts of British Columbia and threatening a historic gold rush town. More...
Improving economic picture bumps energy prices
Improving economic picture bumps energy prices More...
FED: Turnbull must release all Grech correspondence: Emerson
CANBERRA, Aug 4 AAP - Opposition Leader Malcolm Turnbull must release all correspondence between himself and treasury official Godwin Grech so the Australian people can judge the nature of their relationship, federal minister Craig Emerson says. More...
FED: Godwin Grech potentially an 'eccentric' hero: Abbott
Senior Liberal TONY ABBOTT has compared GODWIN GRECH to a heroic whistle-blower .. despite the treasury official admitting he created the fake email at the centre of the OzCar affair. More...
ASIA: Clinton in NKorea meets detained US reporters: report
WASHINGTON, Aug 4 AFP - Former US president Bill Clinton, in North Korea to secure the freedom of imprisoned American journalists Laura Ling and Euna Lee, met with the pair on Tuesday, ABC News reported. More...
Fed: Four remain in custody following anti-terror raids
MELBOURNE, Aug 5 AAP - Four men remained in custody overnight awaiting further questioning over an alleged suicide plot to kill Australian soldiers at a Sydney army barracks. More...
FED: Turnbull must release all Grech correspondence: Emerson
CANBERRA, Aug 4 AAP - Opposition Leader Malcolm Turnbull must release all correspondence between himself and treasury official Godwin Grech so the Australian people can judge the nature of their relationship, federal minister Craig Emerson says. More...
EUR: Web petition seeks Nobel prize for Michael Jackson
OSLO, Aug 4 AFP - More than 15,000 people have signed an internet petition calling for the late pop star Michael Jackson to be awarded the Nobel Peace Prize in 2010. More...
FED: Defence powerless to stop terrorists viewing military bases
SYDNEY, Aug 4 AAP - Defence chiefs have admitted there is little they can do to stop terrorists viewing military bases such as the one allegedly targeted by four men arrested in Melbourne on Tuesday. More...
Clinton gives NKorea's Kim message from Obama: state media
SEOUL, Aug 4 AFP - Former US President Bill Clinton has met North Korean leader Kim Jong-Il in Pyongyang and delivered a verbal message from current President Barack Obama, official media reported. More...
US: Clinton to NKorea on promise of reporter release: report
WASHINGTON, Aug 4 AFP - North Korea has told relatives of two jailed US journalists that it will release them to former US president Bill Clinton, who has arrived in Pyongyang to win their freedom, Politico.com reports. More...
US: Astronaut bringing test underwear back to Earth
CAPE CANAVERAL, Florida, July 30 AP - In what might embarrass less adventurous souls, astronaut Koichi Wakata is returning to Earth with the underwear he used during his 4-1/2-month space station stay so scientists can check them out. More...
US: Obama to give 16 'agents of change' US Medal of Freedom
WASHINGTON, July 30 AFP - President Barack Obama will next month award the highest US civilian honour to 16 "agents of change" including Desmond Tutu, Stephen Hawking and Muhammad Yunus, the White House said on Thursday. More...
Vic: Cyber stalker uses Twitter to threaten Delta Goodrem
MELBOURNE, July 31 AAP - Singer Delta Goodrem and fiance Brian McFadden have been threatened by a man via the social networking website Twitter. More...
US: US orders an Afghan detainee at Guantanamo freed
WASHINGTON, July 30 AFP - A US judge on Thursday ordered the release before the end of August of Guantanamo Bay detainee Mohammed Jawad, an Afghan who is one of the youngest men held at the notorious prison camp. More...
Fed: US could ask for increased committment in Afghanistan
Australia could be asked to increase its commitment in Afghanistan again .. after a top Pentagon official warned the situation is serious. More...
US: Endeavour astronauts prepare for home from ISS
Astronauts on the space shuttle Endeavour are preparing for their return to Earth from the International Space Station. More...
US: Two US officers accused of running check on Obama
Authorities are investigating two Atlanta-area police officers .. accused of using government computers to run a criminal background check on US President BARACK OBAMA. More...
Building approvals jump in June to ease RBA housing concerns
SYDNEY, July 30 AAP - A sharp jump in the number of approvals to build new homes should ease central bank concerns that money flowing into housing will boost prices rather encourage greater supply of affordable shelter. More...
SCI: Saturn's 'day' shorter by five minutes
PARIS, July 29 AFP - A day on Saturn is pretty short, and it just got shorter. More...
SCI: 150 years later, Darwin vindicated... by jellyfish
PARIS, July 29 AFP - Creatures large and small may play an important role in the stirring of ocean waters, according to a study released Wednesday that confirms a theory advanced by Charles Darwin. More...
US: Obama sees 'beginning of the end' of recession
RALEIGH, North Carolina, July 29 AFP - The United States may be seeing "the beginning of the end of the recession," President Barack Obama said Wednesday, as the world's biggest economy combats its worst slump in decades. More...
US: US, Britain discuss Afghanistan
WASHINGTON, July 29 AFP - US Secretary of State Hillary Clinton began talks on Wednesday with her British counterpart David Miliband who vowed to keep troops in Afghanistan despite growing calls at home for their withdrawal. More...
Seeking writer to do opinion