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
Swordfish killed by swimmers on a beach in Chalkida, Greece
A swordfish which swam its way to the shallow waters of a beach in Chalkida on the island of Evia, was killed by beachgoers. The swordfish went to the shallow water to give birth and
Autonomy
The government intends to allow universities and not the education ministry to set the number of students they will admit each year. That addresses a basic need, the need (for many and varied reasons) for
Alarm bell
To avoid the errors of the past the current government must move swiftly to address the deficiencies left behind by previous ones. The extent of the natural disasters by which Greece was struck over the
Theofilus
About 150 years ago, the influential folk artist Theophilus (Theophilus Kefalas – Hatzimichail) was born in the village of Vareia, on the south-eastern tip of the island of Lesvos, overlooking the shores of Asia Minor.
Greek elections: Landslide victory for centre-right New Democracy party
Incumbent prime minister Alexis Tsipras, of Syriza, calls rival Kyriakos Mitsotakis to concede defeat Voters in Greece have given Kyria-kos Mitsotakis’ centre-right New Democracy party a resounding mandate to form a new government after it
Ballot Box stolen from polling center in Exarchia and set on fire
At least one ballot box was stolen from a polling station in the anarchists’ district of Exarchia in Athens and were allegedly set on fire. The unprecedented incidents took place on early Sunday evening short
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
Asteroid the size of the Empire State Building could hit the moon in 2029- How could that affect Earth?
An asteroid measuring approximately 400 metres — about the size of the Empire State Building — is on a potential collision course with the Moon, according to astronomers. The object, identified as 2022 SF289, is
UK MPs call for recognition of Palestinian State
More than 200 Members of the UK Parliament have urged Prime Minister Keir Starmer to recognize the State of Palestine. In a joint letter signed by 221 MPs from nine political parties, lawmakers appealed to
“Kapodistrias” a cinematic tribute to Greece’s first martyr statesman
Set to Hit Cinemas on December 25 At the beginning of July, filming was completed for Kapodistrias, the new film by acclaimed Greek director Yannis Smaragdis. “Kapodistrias” a cinematic tribute to Greece’s first martyr statesman,
Greek passport soars to 5th strongest worldwide in 2025 rankings
The Greek passport has officially entered the ranks of the world’s most powerful, securing 5th place in the 2025 Henley Passport Index. The Greek passport soars to 5th strongest worldwide in 2025 rankings on the
Orban raises prospectof EU exit, citing Brussels’ authoritarian drift
Hungarian Prime Minister Viktor Orban has once again raised the prospect of a Hungarian exit from the European Union, suggesting that the bloc’s authoritarian evolution may soon outweigh the benefits of membership. Speaking in an
Iran and European powers to resume nuclear talks amid rising tensions
Iran has agreed to resume nuclear negotiations with the European trio – Germany, France, and the United Kingdom – in a diplomatic effort to revive the 2015 Joint Comprehensive Plan of Action (JCPOA). The new
