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
Australia pledges $50 million to improve impacts of climate change
Australia is contributing $50 million to a global fund aimed at helping poorer countries cope with the impacts of climate change. The Fund for Responding to Loss and Damage will assist developing nations recover from
Australian workers lose $91 billion a year
Australian workers are doing $91 billion worth of unpaid overtime each year, new research has revealed. The study by the Australia Institute’s Centre for Future Work shows that, on average, workers put in five weeks of
31% of companies are not paying tax in Australia
The Australian Taxation Office’s (ATO) annual corporate tax transparency report reveals that although large companies contributed a record A$100 billion in taxes last year—a 17% increase—31% of large companies operating in Australia still paid no
$675 million to repair Victoria’s roads
The Victorian Government is launching a $675 million maintenance operation targeting the state’s crumbling regional roads. The major initiative began Monday and will run for nine months, focusing on fixing potholes, reconstructing and resurfacing roads.
Peter Dutton: Plans to abolish the role of Ambassador for First Nations Peoples
The leader of the federal opposition, Peter Dutton, has pledged to abolish the position of Ambassador for First Nations Peoples if the Coalition wins the upcoming elections. This announcement follows revelations from the Daily Telegraph
Good news for motorists: Expected drop in gasoline prices
Motorists can look forward to further savings at fuel stations, as analysts predict a continued decrease in fuel prices. For years, China’s booming economy has driven global oil demand. However, recent forecasts from both OPEC
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
Karamanlis Inquiry: Fast-tracked parliamentary probe sparks political backlash
The Hellenic Parliament’s special inquiry committee into former Transport Minister Kostas Karamanlis opened its first session today under accusations of political orchestration, as the government appears determined to fast-track the process surrounding the deadly Tempi
Wildfire disaster in Chios: Tens of thousands of acres burned as blaze continues to rage
Chios is currently experiencing one of the most severe environmental disasters in recent Greek history. For the third consecutive day, an uncontrollable wildfire has scorched vast swathes of the island, with more than 30,000 hectares
Tensions flare with Libya over offshore licensing south of Crete
An unexpected complication has emerged ahead of Greek Foreign Minister George Gerapetritis’ planned visit to Libya, where he was due to hold meetings in both Tripoli and Benghazi. Tensions flare with Libya over offshore licensing
Petro-Loukas Chalkias: The great clarinet virtuoso dies at the age of 90
Petro-Loukas Chalkias was the patriarch of the Epirus clarinet, an authentic representative of the musical soul of Epirus, who honoured his homeland and Greece as a whole with his career and artistry. Through his unique
Greek debt is a ticking time bomb as the Government’s fake stability unravels
Beneath the public relations gloss, the Financial Times has issued a stark warning to investors and potential buyers of Greek debt: Greek debt is a ticking time bomb as the Government’s fake stability unravels and
Legalised ethnic replacement as 16,000 Greek villages surrendered
Presidential Decree 11/2025 paves the way for a demographic transformation and the replacement of the Greek population. Legalised ethnic replacement as 16,000 Greek villages surrendered, as the Mitsotakis government is preparing 16,000 migrant reception centres
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
U.S. poised to launch massive bombing campaign on Iran this weekend
American investigative journalist Seymour Hersh, in his latest Substack article, wrote: U.S. poised to launch massive bombing campaign on Iran this weekend. A major U.S. bombing campaign against Iran is expected to begin as early
On the brink: Major powers poised to enter Israel–Iran war
Rumours are circulating that Donald Trump is preparing to authorise the deployment of US forces to join Israel’s campaign against Iran. On the brink: Major powers poised to enter Israel–Iran war. Given the apparent difficulties
L’Equipe: Among the best 18-year-olds in the world Karetsas-Kostoulas
A new, great distinction for two members of the new generation of Greek football. L’Equipe: Among the best 18-year-olds in the world, Karetsas-Kostoulas. The French newspaper L’Equipe, which established the Golden Ball award, has published
Israel strikes Iran’s nuclear and military sites
Israel has launched a large-scale military operation targeting multiple military and nuclear sites across Iran. Israel strikes Iran’s nuclear and military sites in an attack in what Prime Minister Benjamin Netanyahu described as just the
Coalition pushes Albanese to meet Trump amid AUKUS uncertainty
Australia’s opposition is urging Prime Minister Anthony Albanese to urgently secure a meeting with US President Donald Trump, following news that the Trump administration is reviewing the AUKUS security pact. The review casts doubt over the
Elon Musk ignites political firestorm, suggesting it’s time for a new party
Elon Musk has asked whether it’s “time to create a new political party in America” as his increasingly acrimonious public feud with President Donald Trump intensifies. Why It Matters Musk resigned from his position at
