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Standing Wager
Merchant of gloom makes a bet

29 Nov 2008 2:30 AM

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.


High Scores Longest Chase
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.


High Scores
Police dissappointed by young drivers

14 Dec 2008 4:28 PM

Police have arrested a man for driving at 237 kilometres-an-hour on Sydney's Hume Highway.

And .. they say they are extremely disappointed with instances of irresponsible driving by young and inexperienced motorists overnight.


High Scores Possible New Blow
Man blows six times legal limit

31 Dec 2008 2:16 PM

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.


High Scores
P-plate driver returned blood alcohol reading of 0.265

06 Dec 2008 8:18 AM

SYDNEY, Dec 6 AAP - A P-plate driver has returned a blood alcohol reading of 0.265 after allegedly flagging down a police car in northern NSW.

Police said a 26-year-old woman had her licence confiscated after she returned a high-range PCA reading near Tamworth about 8pm (AEDT) on Friday.


Porsche vs Bikes
Porsche and motorcycles in 224km/h road race

20 Dec 2008 4:24 PM

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).


Turbo Rice vs RX7
Two drivers to stand trial over passenger death

15 Dec 2008 5:38 PM

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.


High Scores Oldest Hoon
I'm a skilled driver, says 78yo hoon

By Michelle Draper 06 Jan 2009 5:31 PM

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


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A Very Normal News Publication
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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This is the thing, I actually don't have any dosh and I'm trying to figure out a way to make House Harris work. At the moment the only thing I can do to make revenue is the Google Adsense Ads seen on the newsarticle pages. If you could see your way clear to visit the advertisers from time to time it would help support House Harris.
Feature Story Two more rate rises likely this year as jobless rate falls

CANBERRA, Oct 8 AAP - An unexpected fall in the jobless rate to a four month low of 5.7 per cent has hardened expectations for another two interest rate rises before Christmas.

Economists say such strength in the labour market has also raised question marks as to whether the federal government should continue with its stimulus measures.


Feature Story IMF upgrades point to substantial budget revisions

CANBERRA, Oct 1 AAP - Economists believe the latest optimistic upgrades to Australia's economic growth forecasts by the IMF suggest the federal government's projections are in need of a substantial revision.

In its latest World Economic Outlook, released in Istanbul on Thursday, the International Monetary Fund (IMF) jacked up its Australian gross domestic product (GDP) forecasts.


Feature Story 'Your move' : Obama to world after engagement push

WASHINGTON, Sept 23 AFP - US President Barack Obama sent a clear message to the world on Wednesday: he is looking for payback for his swift action in ending an era of swaggering US unilateralism.

Obama's debut speech to the UN General Assembly marked a pivot point in the new administration's emerging foreign policy and an attempt to seek dividends from a new style of muscular engagement through multilateral fora.


Feature Story Obama scrapping missile shield for Czech, Poland

PRAGUE, Sept 17 AP - US President Barack Obama has decided to scrap plans for a US missile defence shield in the Czech Republic and Poland that had deeply angered Russia, the Czech prime minister confirmed on Thursday.

NATO's new chief hailed the move as "a positive step" and a Russian analyst said the move will increase the chances that Russia will cooperate more closely with the United States in the dispute over Iran's nuclear program.


Feature Story Early election on the table, Rudd hints

MELBOURNE, Sept 10 AAP - A double dissolution may be on the cards if the federal opposition does not pass its health insurance reforms, Prime Minister Kevin Rudd has hinted.

The legislation, which would allow the government to means test private health insurance rebates for singles earning more than $75,000 a year and couples earning $150,000 a year, was defeated in the Senate on Wednesday night.


Feature Story Australian stimulus backed by G20 agreement, Swan says

LONDON, Sept 5 AAP - Australia's approach to economic stimulus has been supported by a renewed commitment from G20 nations to carry on with measures to boost the global economy despite signs of a recovery, Treasurer Wayne Swan says.

Speaking after a meeting of finance ministers from the G20 group of developed and developing countries in London on Saturday, Swan said Opposition calls to rein in stimulus spending are out of touch.


Feature Story Australian economy outperforms rest of world

CANBERRA, Sept 2 AAP - The Australian economy grew at its fastest pace in more than a year in the three months to June, buoyed by the federal government's stimulus measures and near record-low interest rates.

Australia is in better shape than other major advanced economies which have suffered at the hands of the global recession, but economists say this means the Reserve Bank of Australia (RBA) is likely to lift interest rates sooner rather than later.


Feature Story Obama touts 'strong alliance' after Japan revolution

WASHINGTON, Aug 31 AFP - US President Barack Obama has called on Tokyo to maintain a strong alliance with Washington, while Asia-Pacific leaders have sought closer ties out of the historic shift in power after Japan's general election.

But Russia's politicians have sent mixed signals and analysts doubt Yukio Hatoyama's centre-left Democratic Party of Japan (DPJ) will change much in relations with Moscow, despite his professed desire to improve ties.


Feature Story New solar rebate for houses, renters, businesses

CANBERRA, Aug 20 AAP - All households can get a rebate of up to $7,000 for solar panels under a scheme that passed parliament on Thursday.

And for the first time, there is a rebate for putting panels on the roofs of businesses and rental properties.


Feature Story Gorgon deal ties Aust economic destiny to China

CANBERRA, Aug 19 AAP - Australia's economic destiny will be tied to China for the next 20 years after a $50 billion gas deal left the massive Gorgon LNG project on the verge of development.

The $50 billion development of the Greater Gorgon gas fields off Western Australia is virtually assured after the signing of the deal with PetroChina.


Feature Story Economy makes a comeback - tax the focus

CANBERRA, Aug 18 AAP - The economy has made a comeback as the main topic of debate in parliament, with Labor and the Opposition swapping insults over tax, economic stimulus and debt.

The switch back to the economy comes after the government's carbon pollution reduction scheme was defeated in the Senate last week and brighter economic news that Australia has avoided a recession.


Feature Story Henry cautions against getting too cocky on economy

CANBERRA, Aug 17 AAP - Treasury secretary Ken Henry has cautioned against getting too cocky about the upbeat Australian economy - a second global shockwave may still be lurking in the wings.

And as the nation's top economic bureaucrat tried to put the brakes on expectations, the opposition moved to exploit any residual public concern about Labor's record on the economy.


All House Harris News Articles are individually selected by The Editor
Main Feature Story
Australia not starry-eyed about China - Smith

By Sandra O'Malley, Diplomatic Correspondent Tue Oct 27 00:50:03 EST 2009 Mon Oct 26 13:50:03 UTC 2009

CANBERRA, Oct 26 AAP - Australia isn't starry-eyed about its relationship with China, acknowledging the differences that arise between a robust parliamentary democracy and a communist nation.

While the federal government took a realistic approach to the relationship, Foreign Minister Stephen Smith said it was crucial to remember the importance of ties between China and Australia.

"The scale and the ramifications of the relationship are, however, often under appreciated," he said in a speech to the Australian National University's China Institute on Monday.

Mr Smith chided those who tended to highlight the negatives in the relationship between Canberra and Beijing rather than looking at the more "enduring picture".

Much of the focus this year has been on a number of high-profile cases, including the detention of Rio Tinto executive Stern Hu, Beijing's disapproval at the visit to Australia by exiled Uighur leader Rebiya Kadeer and the failed grab for a greater share of Rio Tinto by China's state-owned Chinalco.

"Australia is clear-eyed, not starry-eyed, in its assessment of China and its view of the bilateral relationship," Mr Smith said.

"We recognise the significant economic and social progress that has been made in China on many fronts, and look forward to its continuation."

Continued .....

Regularly Updated News As It Arrives From The Editor
House Harris News

Israel rations Palestinians to trickle of water: Amnesty

US stocks tick higher as earnings pour in
NEW YORK, Oct 26 AFP - US stocks ticked higher on Monday as investors braced for another wave of company earnings reports after the market faltered last week despite results that generally topped analyst forecasts.

Australia not starry-eyed about China - Smith
CANBERRA, Oct 26 AAP - Australia isn't starry-eyed about its relationship with China, acknowledging the differences that arise between a robust parliamentary democracy and a communist nation.

Latvian experts investigate large crater
RIGA, Oct 26 AP - Scientists were investigating on Monday whether a large crater found in a meadow in northern Latvia had been created by a meteorite. One expert said it was likely a hoax.

Inspect Hardie's books - Xenophon
CANBERRA, Oct 26 AAP - The books of James Hardie should be thoroughly checked to ensure the company is not hiding any funds that should be going to asbestos victims, independent senator Nick Xenophon says.

Accused terrorist happy about Black Saturday, court hears
MELBOURNE, Oct 26 AAP - One of the four Melbourne men ordered to stand trial on terrorism charges was allegedly recorded expressing happiness about the Black Saturday bushfires and the drought, court documents show.

NT: Cop charged with assaulting mentally ill man, who later died
DARWIN, Oct 26 AAP - A Northern Territory policeman has been charged with assaulting a mentally ill filmmaker, who died almost a week later in hospital.

Gaddafi says sorry for British policewoman's death
LONDON, Oct 26 AFP - Libyan leader Muammar Gaddafi has apologised for the first time for the killing of a British policewoman shot from the Libyan embassy in London in 1984, in an interview out Monday.

Dow hits 10,000 points for first time in a year
The Dow Jones blue-chip index has risen above 10 thousand points for the first time since October 2008 as US stocks power higher.

Iraq government: 85,000 Iraqis killed in 2004-08
By Sinan Salaheddin

Israel braces for UN debate on Gaza war report
JERUSALEM, Oct 14 AFP - Israel is bracing for what is expected to be a bruising UN debate on a report that accuses it and Hamas of war crimes during its Gaza offensive at the turn of the year.

Tibet sees record tourism despite restrictions: state media
BEIJING, Oct 14 AFP - A record 4.75 million tourists visited China's Tibet in the first nine months of 2009, more than twice as many as in all of 2008, when unrest led to a ban on foreigners, state media said on Wednesday.

Russia's Putin says 'too early' for Iran sanctions
BEIJING, Oct 14 AFP - Russian Prime Minister Vladimir Putin said it was "too early" to discuss sanctions against Iran over its disputed nuclear program.

Scientists unveil map of genome's chemical switches
PARIS, Oct 14 AFP - Scientists have unveiled the first detailed map of the epigenome, the network of chemical switches that regulates activation of human genes, according to a new study.

Art expert finds likely new da Vinci
TORONTO, Oct 14 AP - A new painting by Leonardo da Vinci may have been discovered thanks to a centuries-old fingerprint.

BHP Billiton 'influenced China investment policy'
MELBOURNE, Oct 15 AAP - BHP Billiton unduly influenced federal government policies on Chinese investment in Australia, a former senior Treasury official says.

Pakistani Taliban criticise Obama's peace Nobel
ISLAMABAD, Oct 14 AP - The Pakistani Taliban has criticised the decision to award Barack Obama the Nobel Peace Prize saying the US president should have received a "villain of peace" award instead.

Economic crises cause spike in world hunger: UN
ROME, Oct 14 AFP - The food crisis in poor countries coupled with the global economic crisis has caused a spike in world hunger, with more than one billion people undernourished this year, UN food agencies report.

US stocks jump on earnings boost
US stocks have jumped on a profit surge by top firms Intel and JP Morgan Chase .. and a lesser than expected fall in retail sales.

US retail sales slump again
WASHINGTON, Oct 14 AFP - US retail sales fell 1.5 per cent in September after moving into positive territory the previous month as the country emerges from a long recession, government data showed on Wednesday.

NATO welcomes British troop pledge for Afghanistan
BRUSSELS, Oct 14 AFP - NATO welcomed Britain's offer to send more troops to Afghanistan, and echoed Prime Minister Gordon Brown's call for other allies to send extra forces.

Toxic legacy seeps from melting alpine glaciers: study
GENEVA, Oct 14 AFP - Highly toxic pollutants absorbed by ice for decades are being released as Swiss glaciers melt under the impact of climate change, researchers have found.

'Hitler salute' garden gnomes invade German town
BERLIN, Oct 14 AFP - A German town was bracing on Wednesday for a rally by 1,250 garden gnomes with their stubby right arms raised in a Hitler salute -- all in the name of art.

Agriculture, electricity to be focus of ETS amendments
CANBERRA, Oct 14 AAP - Opposition environment spokesman Greg Hunt wants agriculture to play a bigger part in the climate change debate.

Blaze encroaching on northern NSW village
SYDNEY, Oct 14 AAP - Firefighters are battling to protect the northern NSW coastal township of Brooms Head from a blaze that broke out on Wednesday afternoon.

Australia's biggest telescope turns 35
CANBERRA, Oct 14 AAP - Australia's largest telescope will celebrate its 35th year capturing infrared images and exploring the southern sky.

Abu Ghraib guard appeals to US military high court
WASHINGTON, Oct 14 AP - A female soldier who was photographed at Abu Ghraib prison giving a smiling "thumbs-up" beside a pyramid of naked detainees is appealing her convictions to the US military's highest court.

Governor of Japan's Okinawa backs US airbase accord
TOKYO, Oct 14 AFP - The governor of Japan's Okinawa prefecture said a US military base could stay on the island, officials said on Wednesday -- the latest twist in a row weeks before President Barack Obama visits the country.

CIS: Russia must speak out on rights abuses: Clinton
MOSCOW, Oct 14 AFP - US Secretary of State Hillary Clinton on Wednesday urged Russia to take a stronger line on rights abuses, saying it was time for the government to speak out against killings and wrongful detentions.

Euro industry output rises 0.9 per cent in August
BRUSSELS, Oct 14 AP - Industrial output in the 16 nations that use the euro rose 0.9 per cent in August from a month earlier, the EU statistics agency said Wednesday, suggesting the region's economy is recovering gradually.

CIS: Russian gays ask Clinton for support
MOSCOW, Oct 14 AP - Russian gays called on US Secretary of State Hillary Rodham Clinton to support their rights as she unveiled a statute of American poet and gay pride symbol Walt Whitman in Moscow on Wednesday.

Obama to give $US1.4 million Nobel cheque to charity
WASHINGTON, Oct 9 AFP - US President Barack Obama will give his $US1.42 million ($A1.57 million) reward for winning the Nobel Peace Prize to charity, a US official says.

YouTube views over one billion a day: co-founder
WASHINGTON, Oct 9 AFP - The number of video views a day on YouTube has surpassed one billion, the co-founder of the wildly popular video-sharing site said on the third anniversary of its acquisition by Google.

NASA bombs moon's surface in search of water
WASHINGTON, Oct 9 AFP - NASA has blasted the surface of the moon with two spacecraft in a dramatic bid to find water on the lunar surface, an experiment that could be a stepping stone to a permanent moon base.

World leaders hail Obama's surprise Prize
PARIS, Oct 9 AFP - World leaders urged Barack Obama to seize on the award of the Nobel Peace Prize to intensify his diplomatic efforts to forge peace in the globe's trouble spots.

GM signs deal to sell Hummer brand
DETROIT, Oct 9 AP - Hummer, the off-road vehicle that was once a symbol of America's love for hulking trucks, is now in the hands of a Chinese heavy equipment maker.

CIS: New US missile plan raises 'questions': Russia
CHISINAU, Oct 9 AFP - The new missile plan from US President Barack Obama's administration raises questions and Moscow is waiting for Washington to explain its intentions, Russian Foreign Minister Sergei Lavrov said on Friday.

Republican party head says Obama Nobel win 'unfortunate'
The head of the US Republican Party says it's unfortunate President BARACK OBAMA has won the Nobel Peace Prize .. claiming he has celebrity status but no real achievements.

Obama's Kenyan family 'honoured' by Nobel Peace Prize
There's been mixed reaction around the world to US President BARACK OBAMA winning the Nobel Peace Prize

Obama embodies 'spirit of dialogue': UN chief
UNITED NATIONS, Oct 9 AFP - UN chief Ban Ki-moon has congratulated US President Barack Obama on winning the Nobel Peace Prize, saying he embodies "the new spirit of dialogue and engagement" in tackling world issues.

'Better than Bush' Obama deserves Nobel award: Iraqis
BAGHDAD, Oct 9 AFP - Iraqis have backed the decision to award Barack Obama the Nobel Peace Prize, crediting him with helping reduce violence in the country and saying he deserves it because he "is better than Bush".

Nobel Peace Prize for Obama "premature"
Sydney Peace Foundation Director Professor STUART REES says US President BARACK OBAMA has been given the Nobel Peace Prize prematurely.

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