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 to set a minimum age for social media use
Prime Minister Anthony Albanese yesterday announced a landmark move to establish minimum age requirements for social media use, with the aim of protecting children from the mental and physical health risks associated with these platforms.
Gas stoves can remain
Victorians can keep using gas stoves in their kitchens for as long as they want because the Allan government has removed them from the net zero plan. New laws will be proposed to state parliament
St Bede’s College placed in lockdown after threatening social media post
St Bede’s College in Mentone, was placed on lockdown at 8:25 a.m. this morning following a threatening social media post. The post, which surfaced on Tuesday night, featured a photo with the caption “I’m unloading
Australia running low on HIV-prevention drug PrEP as experts warn users to plan ahead
TGA recently approved importation and supply of overseas-registered tablets to help ease the shortage Australia is experiencing a shortage of an important HIV prevention medication and sexual health organisations are urging those who rely on
Lawyers examining the Suburban Rail Loop project
Lawyers are currently evaluating the financial implications of altering contracts related to the Suburban Rail Loop project, according to government sources. The Allan government has engaged legal experts to weigh the pros and cons of
Calls to deport “ghost” international students
The Albanese government is facing growing pressure to deport international students linked to “ghost colleges” following a major crackdown on fraudulent vocational education providers. Last week, the government announced the closure of over 150 dormant
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
European Commission accepts 10% universal tariff from Trump – What it wants in return from the U.S.
The European Commission is willing to accept a trade agreement with the United States that includes a universal 10% tariff on its exports, but it seeks commitments from Washington to lower tariffs in key sectors
China warns Australia: Don’t be dragged into NATO’s military spending push
China’s Ambassador to Australia, Xiao Qian, has issued a strong rebuke of NATO’s new military spending target, warning the Albanese government not to fall in line with what Beijing sees as a dangerous escalation of
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,
Senior Hamas leader killed in Israeli airstrike
The Israel Defense Forces (IDF) have announced the killing of a founding member of Hamas and one of the chief architects of the October 7 massacre during a targeted airstrike in the Gaza Strip. Hakeem
Trump turns up the heat: Australia pressured to boost defence spending or face trade penalties
The Trump administration is putting mounting pressure on Australia to drastically increase its defence spending, aligning with NATO’s new benchmark of 5% of GDP. While NATO allies recently accepted this demand, Australia is resisting calls
Trump and Netanyahu reach Gaza ceasefire deal with Arab-led post-war plan
U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have reportedly agreed to a ceasefire in Gaza within the next two weeks, according to Times of Israel, citing Israel Hayom. The agreement was reached
