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
AMA urging stop to ‘coercive and deceptive’ marketing of commercial foods for infants
The Australian Medical Association is calling on the government to implement best practice standards for nutrition in commercial foods for infants and young children. As part of its submission to the Department of Health and
Australia marks 25th anniversary of East Timor service
Today marks 25 years since Australian troops were first deployed to Timor-Leste. Around 5,500 Australian service personnel were sent to Timor-Leste in 1999, the largest deployment of Australian troops since the Vietnam War, after the
Experts predict no interest rate relief until 2025
Stressed homeowners will have to wait until next year for mortgage relief, according to a polled array of experts. Comparison spoke to 42 experts and economists for this month’s RBA Cash Rate Survey, and every
More cash for millions of Australians from today as welfare payments rise
More than five million people will have more cash in their pockets from today as welfare payments receive an indexation boost. Age and disability pensions, rent assistance, carer payments, and JobSeeker payments all increase from
Thousands Rally in Melbourne for CFMEU Support Amidst Crackdown
Thousands of tradies and union members rallied in Melbourne’s CBD on Wednesday in support of the CFMEU, with a key union leader praising John Setka as an exemplary leader. Thousands Rally in Melbourne for CFMEU
Nearly $18 billion in lost or unclaimed super, tax office says
Almost $18 billion in lost and unclaimed super is waiting for Australians to pick it up. The Australian Taxation Office is urging people to check whether any of the current $17.8 billion pool belongs to
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
PIPES: Kastelorizo: Mediterranean flash point
That Athens controls this wisp of land implies it could (but does not yet) claim an exclusive economic zone (EEZ) in the Mediterranean Sea extending 200 nautical miles to Kastelorizo. This would reduce the Turkish
EU agrees to sanction turkey for drilling in Cypriot water
A surprisingly muscular response beyond mere threatening rhetoric out of the European Union over Turkey’s violations of Cypriot territorial waters related to offshore drilling operations: the EU has agreed to bring financial and political sanctions
Archaeology Piece of skull found in Greece ‘is oldest human fossil outside Africa’
A broken skull chiselled from a lump of rock in a cave in Greece is the oldest modern human fossil ever found outside Africa, researchers claim. The partial skull was discovered in the Apidima cave
Athens-Piraeus again in ‘top 10’ in terms of global shipping hubs
The Athens-Piraeus area has returned to the world’s top 10 shipping hubs, according to a recent study by Baltic Exchange. The Greek capital bumped Korea’s Pusan from the “top 10” list, while Singapore remained first,
4.6 Magnitude Earthquake in Kozani, Northern Greece
According to the Geodynamic Institute of the National Observatory of Athens, the epicenter of the quake was located 8 klm south of Kozani, in northern Greece. The earthquake struck at 13:50 on Sunday with a
Greece’s Milos voted “Best Island in Europe” by Travel & Leisure Magazine
The readers of the famous “Travel + Leisure” magazine recently voted the Greek island of Milos as “the best island in Europe” for 2019. The list is comprised of 15 islands across Europe, with Greece
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
Druze forces regain control of Suwayda amid ongoing clashes in Southern Syria
Druze fighters have regained control of the city of Suwayda in southern Syria following a week of violent clashes with Bedouin groups and allied tribal forces. Despite the announcement of a ceasefire by Syrian authorities,
Terror outside LA nightclub: Driver hits crowd, gets shot by bystanders — 30 injured, 7 critical
A horrific scene unfolded in the heart of Los Angeles early Saturday morning, when a vehicle plowed into a crowd outside a popular nightclub, leaving 30 people injured — seven of them critically. According to
Kimberly Guilfoyle: Legitimate concerns over Turkish provocations against Greece and F-35 reservations
The clock is ticking for Kimberly Guilfoyle as she prepares to officially assume her post as the next U.S. ambassador to Greece. Just a few days ago, Guilfoyle appeared before the U.S. Senate Foreign Relations
Company launches Investigation after Kiss Cam scandal
The company Astronomer has officially launched an internal investigation following the scandal involving an alleged illicit “corporate” couple on the Kiss Cam during a Coldplay concert. The potential extramarital affair between the company’s CEO, Andy
Australia sends first batch of M1A1 Abrams Tanks to Ukraine in $245 million military support package
Australia has officially delivered the first tranche of M1A1 Abrams main battle tanks to Ukraine, marking a major milestone in its ongoing support of the war-torn country’s defense against Russia’s invasion. The shipment, valued at
Trump faces backlash from MAGA base over Epstein Files controversy
Washington, D.C. – President Donald Trump is facing growing political danger from his own MAGA base after dismissing calls to release further documents relating to deceased sex offender Jeffrey Epstein. In what analysts are calling
