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
Greek Security Council (KYSEA) convenes amid Middle East tensions – Athens evaluates risks to stability and national interests
Greece’s top security body, the Government Council for Foreign Affairs and Defence (KYSEA), is convening in an extraordinary meeting today at 12:00 PM, chaired by Prime Minister Kyriakos Mitsotakis, in response to rising geopolitical tensions
Greece deploys drones to monitor beaches after 3,000 complaints over Illegal sunbeds
Greek authorities are launching a new aerial monitoring initiative, deploying drones to surveil beaches across the country following a surge of over 3,000 public complaints regarding unlawful occupation of coastal space, unauthorized sunbeds, and restricted
PASOK calls for elections due to OPEKEPE Scandal
For the first time, PASOK officially mentioned the prospect of calling elections in connection with the OPEKEPE scandal, on the condition that the statute of limitations for any offenses will be prevented. During the meeting
Libya’s parliament moves to ratify Turkey-Libya Maritime Agreement despite Greek objections
The Libyan House of Representatives is set to proceed with the ratification of the controversial Turkey-Libya memorandum on the delimitation of maritime zones, despite strong opposition from Greece and other Mediterranean countries. According to reports,
Athens fires back at Ankara over East Med dispute: “Turkey cannot lecture others on International Law”
Greece has issued a stern diplomatic response to fresh accusations from Turkey regarding its stance on the controversial Turkey-Libya maritime agreement. The Greek Foreign Ministry, through diplomatic sources, denounced Turkey’s latest comments as “incompatible with
Mitsotakis pushes for EU action on Libya migration route and defence funding
Greek Prime Minister Kyriakos Mitsotakis, speaking after the conclusion of the EU Summit, called for urgent action to address a new irregular migration route emerging from Eastern Libya to Crete. “We will use every means
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
Albanese to raise “full range of issues” in high-stakes China trip
Australian Prime Minister Anthony Albanese is embarking on a politically delicate six-day mission to China, vowing to raise the “full range of issues” troubling the bilateral relationship. From the unjust jailing of Australian academic Dr.
Air India: Panic in the cockpit as fuel cutoff switches were activated just before the crash – preliminary report
A preliminary report on the devastating Air India crash, which tragically claimed the lives of 260 people, has revealed shocking new details. The plane, which crashed shortly after takeoff in India, was believed to have
Turkey and Libya sign new military agreement to deepen strategic alliance
Turkey and Libya signed a new military cooperation agreement on Thursday, July 10, in Ankara, aiming to enhance the Libyan army’s operational capabilities through advanced training, logistical support, and technical expertise. The deal was signed
Israel urges US to resume strikes on Houthis after attacks on Greek-operated ships
Tensions in the Red Sea are rising rapidly as Israel formally requested the United States resume military strikes on Iranian-backed Houthi rebels in Yemen, following a deadly escalation that saw two Greek-operated ships sunk. The
Internal chaos in Trump White House threatens future of AUKUS submarine deal
The AUKUS submarine deal is under renewed scrutiny amid reports of internal dysfunction within the Trump administration, described by insiders as “Game of Thrones politics.” While U.S. Secretary of State Marc Rubio has sought to
How Putin rebuilt Russia into a global power
Many wonder how the Russian economy manages to stay afloat under numerous sanctions, maintain low debt levels, and even outperform the West in certain production sectors. Following the collapse of the Soviet Union, Moscow—a once-great
