Reserve Bank of Australia cuts Interest Rates: What it means for borrowers and the economy
The Reserve Bank of Australia (RBA) lowered the official cash rate by 25 basis points to 3.60%, a move that had been widely anticipated by economists and financial markets. The decision aims to provide relief
ATO GST scam rocks public sector as taxpayer losses hit $2 billion
The Australian Taxation Office (ATO) is facing one of the worst integrity scandals in its history, after it was revealed that a massive GST refund fraud—amplified on social media—has cost taxpayers over $2 billion. So
Opposition presses Albanese government over lagging productivity
Australia’s economic debate has intensified after Reserve Bank Governor Michele Bullock cited weak productivity as a key concern in her justification for holding interest rates steady — prompting the opposition to demand urgent action from
Trump’s tariff threat sparks alarm in Canberra over pharmaceutical exports
The Albanese government is scrambling to respond to a fresh trade threat from US President Donald Trump, who has floated a staggering 200 per cent tariff on pharmaceutical imports and a 50 per cent tariff
Childcare abuse scandal sparks bipartisan call for tougher child safety laws
Following shocking allegations of sexual abuse at a Melbourne childcare centre, Opposition Leader Sussan Ley has called on Prime Minister Anthony Albanese to work with the Coalition to urgently strengthen child protection laws. Last week,
Mushroom Murder Verdict: Erin Patterson Found Guilty of Poisoning In-Laws with Deadly Lunch
In a gripping and tragic case that has captured national attention, Erin Patterson, 49, has been found guilty of three counts of murder and one count of attempted murder after serving a deadly beef wellington
Elon Musk and Billboard Chris win legal battle against Australian eSafety Commissioner
In a landmark legal victory, Elon Musk’s social media platform, X, and Canadian activist Chris Elston, also known as Billboard Chris, have successfully challenged a takedown notice issued by Australia’s eSafety Commissioner, Julie Inman Grant.
Thessaloniki International Fair (TIF): Up to €2 Billion Package to Support the Middle Class
The government’s economic team is expected to present the final plan for the benefits package immediately after the August 15 holiday, to be announced at the Thessaloniki International Fair (TIF). The total cost of the measures is estimated to reach between €1.5 and €2 billion, with the primary goal of
Lack of new framework to protect primary residences blocks disbursement of €970 mln to Greece
Eurozone finance ministers – the Eurogroup venue – on Monday did not approve the disbursement of a 970-million-euro tranche to Greece, a more-or-less expected development linked with a failure to finalize a new legal framework
Mitsotakis to CNN: Greece will be a ‘positive surprise’ in terms of investments in next 2-3 years
Main opposition New Democracy (ND) party leader Kyriakos Mitsotakis stuck to his pro-reform and pro-market message during an interview with CNN on Monday, as he continued a visit to the United States amid opinion polls
British newspaper reveals plans to uncover Athens’ ancient Ilissos river
The British newspaper The Telegraph revealed on Sunday that a Greek urban renewal firm called ”Anaplasis” plans to uncover Athens’ ancient river of Ilissos. Back in October of 2018, a part of the Athenian tram
Greece blasts BBC for report on non existant “Oppressed Macedonian Minority”
Greece’s Ambassador to the UK, Dimitris Karamitsos-Tziras, send a letter of complaint to the BBC on Monday, following a report which spoke of the existence of a “Macedonian minority” in the country. Karamitsos-Tziras said the
Greece to monitor Methana Volcano, just 50km away of Athens
For the first time, the Greek Geodynamic Institute will install six seismological stations to monitor the volcano of Methana in the Saronic Gulf, just 50 km away from capital Athens. “ A source of concern
The ‘Atlantis of Crete’: The sinking village sinks again
The locals call it the “Atlantis of Crete”, as the village of Sfentyli sinks slowly and gradually into the waters coming from the Aposelemis dam. One part of the Cretan village has sunk completely. It
Netanyahu and Trump discuss Israel’s plans to attack Gaza
Israeli Prime Minister Benjamin Netanyahu spoke by phone on Sunday with US President Donald Trump, where they discussed in detail Israel’s plans for a new military operation in the Gaza Strip. The conversation was made public in an official statement from the Israeli prime minister’s office, which released the basic
An Honest Broker No Longer: The United States Between Turkey and Greece
Over the course of 2022, Turkish President Recep Tayyip Erdogan has maintained a steady drumbeat of provocations targeting Greece. The year began with his foreign ministry issuing a statement threatening to declare Greece’s sovereignty as
Zoltan Pozsar: The dusk of the petrodollar, the dawn of petroyuan
Credit Suisse contributor Zoltan Pozsar has continued his ongoing series about Bretton Woods III where commodities will dictate the new world order. For his last dispatch of the year, he described how the world is now shifting
Who Was Really Behind the Istanbul Bombing?
Amid a drop in Erdogan’s approval ratings ahead of next June’s elections, there are grounds for some skepticism about who carried out the attack. by Robert Ellis Sunday’s explosion on Istanbul’s busiest thoroughfare, Istiklal Caddesi,
Blowback: Italian police bust Azov-tied Nazi cell planning terror attacks
The arrest of Italian neo-Nazis affiliated with the Ukrainian Azov Battalion highlights the terrifying potential for blowback from the Ukraine proxy war Italian police announced a series of raids against the neo-Nazi Order of Hagal
Ukraine and western allies at odds over missile that exploded in Poland
A disagreement broke out on Wednesday between Ukraine and its western allies over who launched a missile that exploded in Poland, with Nato, Warsaw and the US saying the weapon was likely fired by Kyiv’s
U.S. Forces Deployed to Ukraine to Fight Weapons Smuggling
A “small number” of U.S. military forces are performing onsite inspections in Ukraine to ensure military aid to Kyiv is being properly accounted for. by Mark Episkopos A “small number” of U.S. military forces are
