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
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
The US has unequivocally lost the race for supremacy
This situation is quite confussing. The American Enterprise Institute (AEI), arguably the most hawkish Think Tank in the US, inadvertently undermined themselves with this revelation. If their adjustments for China’s defense spending are accurate, it
USA: Protesters besiege universities
The situation at dozens of universities in the United States, where violent clashes have broken out between pro-Palestinian protesters and opposers for the war in Gaza, remains volatile. Police authorities have arrested more than 1,500
Ukraine: 25,000 Russian troops besiege town of Chashiv Yar
The dangerous situation in Ukraine is worsening as Russia has sent up to 25,000 troops to besiege the town of Chashiv Yar and surrounding villages in eastern Ukraine. Reports from the Ukrainian army describe a
Important discussions on the return of the Parthenon Marbles to Greece: Mayor of London proposes sharing
The Mayor of London, Sadiq Khan, has sparked an important debate by proposing that the Parthenon Marbles be shared between the British Museum and Greece. In an interview, he expressed his desire to see these
Assassination attempt on Volodymyr Zelenski
A plot to assassinate Ukrainian President Volodymyr Zelenski has been foiled with the arrest of a man in Poland. The Polish suspect is accused of passing sensitive information about the Ukrainian president to Russian intelligence
Anger in Serbia with Dora Bakoyannis
A criminal and historic mistake – Greece’s New Democracy sets fire to the Balkans with the Kosovo vote in the Council of Europe! After Russia and the Arab world, Greece is losing the friendship of
