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
SOS for Israeli targets in Greece
Alert from Foreign Intelligence Services to Greek Authorities Foreign intelligence services have reportedly issued a warning to Greek authorities about a potential attempt to target Israeli interests in Greece. The National Intelligence Service (EYP) and
The Olympics opening ceremony epitomized decadence, division, and chaos
Maria Denaxa who is a Performance Marketing Specialist at Generation Y and a Journalist commenting on the Opening Ceremony says It was a hymn to the decadence, division, and chaos that is being pursued globally
Turkey claims they granted “permission” in the Kasos incident
The Turkish side insists on its claim that, after behind-the-scenes diplomatic negotiations among Athens, Rome, and Ankara, it granted “permission” (!) to the Italian research vessel to complete its investigations south of Kasos – Karpathos.
The “portfolio bargain” in Brussels: Which positions are claimed by Greece
An intense negotiation is underway in Brussels over the distribution of the European Commission’s portfolios following the re-election of Ursula von der Leyen. Greece is interested and likely to claim one of five specific portfolios.
50 years since the fall of the dictatorship and the restoration of Democracy in Greece
It was July 24, 1974, when the military handed over power to the politicians, after the collapse of the seven-year dictatorship, under the weight of the Turkish invasion of Cyprus… On 23 July 1974, the
Ankara provokes tension in Kassos with five Turkish warships
Ankara is causing tension near Greek territorial waters in Kassos with the presence of five Turkish warships, due to investigations by the Italian ship “Ievoli Relume” for the installation of submarine cables connecting Crete to
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
Germany: All EU members must take in Migrants
The continuing debate over migration is, at its core, about European federalism and the degree to which the European Union will be allowed to usurp decision-making powers from its 28 member states. If everything goes
What’s next for Bolivia after military coup?
Morales’s government nationalized natural gas and electric companies, defying both the US and the Bolivian oligarchy. So it’s not surprising that those forces now denounce Morales as a dictator and cheer his overthrow. Bolivia held
Princeton Study: The U.S. is not ‘Losing’ its Democracy, it’s already long gone
The Facts: – A Princeton University study found that the United States operates much more as an Oligarchy than as a Democracy. Reflect On: – Can the current system be fixed or do we need
Turkey: Erdogan’s Campaign against the West
“Europe is a cultural continent, not a geographical one… It is its culture that gives it a common identity. The roots that have formed it, that have permitted the formation of this continent, are those
Tsitsipas wins ATP Finals title
Stefanos Tsitsipas has beaten Dominic Thiem in 3 sets to win ATP Finals title. Tsitsipas rallied to beat Thiem 6-7 (6), 6-2, 7-6 (4) on Sunday to become the youngest ATP Finals champion in 18
The Blossoming of a Greater Eurasian Partnership
A pan-Asia high-speed train has left the station – and India – behind. The Regional Comprehensive Economic Partnership (RCEP), which would have been the largest free trade deal in the world, was not signed in
