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
Coalition secures CFMEU’s placement under administration
The CFMEU is set to be placed into administration following an agreement between the Coalition and the federal government on new legislation targeting the controversial construction union. The Coalition has pledged to support the bill,
Pay up, Aussie scam victims call for new laws to force banks to return losses
Scam victims in Australia are calling for legislation similar to the UK’s, which mandates banks to reimburse customers for losses incurred through scams. Starting October, the UK’s Payment Systems Regulator will require banks to compensate
Australia tops global rankings for Workplace Violence and Harassment: A crisis in need of urgent reform
Australia has emerged as the global leader in workplace violence and harassment, with nearly half of the nation’s workforce experiencing abuse at some point in their careers. This rate is more than double the global
Long COVID costs Australian economy $10 billion in one year
New research has unveiled that long COVID inflicted a staggering $10 billion hit on the Australian economy within just a single year. The study, published in ‘The Medical Journal of Australia’, underscores the urgent need
Bendigo Bank warns of social media scams this Scams Awareness Week
Bendigo Bank is issuing a warning to its 2.5 million customers to stay vigilant and not fall for social media scams ahead of Scams Awareness Week 2024, starting Monday 26 August. Bendigo Bank’s Head of
Paul Keating claims Australia is caving to U.S. demands over AUKUS
Former Australian Prime Minister Paul Keating criticized the Albanese government for yielding to U.S. influence in the trilateral Australia-UK-U.S. (AUKUS) nuclear submarine pact, according to a report by the Australian Broadcasting Corporation (ABC) on Saturday.
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
Impressive! The moment lights go off as Acropolis joins Earth Hour
It was a moment of magic to see Greece’s famous landmark sinking in the dark. At 8:30 sharp on Saturday night, lights went off in Acropolis as in many other buildings of the Greek capital
Unpardonable and irresponsible lies
The theoretical and easy self-criticism of ministers and SYRIZA cadres is fine, but at some point they have to confront the results. We make mistakes and sometimes unpardonable ones, Deputy PM Yannis Dragasakis told Parliament
Opportunity
The Pasok-centred Movement for change paid a debt of honour to Andreas Papandreou. It is a debt not just because Andreas Papandreou played a leadimg role in fashioning the contremporary centre-left, but also because the
Envelope for the next PM
The climate and atmosphere surrounding the government is not the best. Pressures from the electorate are patently obvious. There are plenty of disputes and initiatives which are collapsing one after the other. These initiatives do
Burgeoning ‘Athenian Riviera’ entails prospect of massive boost for Greek tourism
Two emblematic investments in the so-called “Athens Riviera”, the coastline extending roughly from Neo Faliro southeast all the way to renowned Cape Sounion, will have a significant impact on the recovering Greek economy, two top
Greek derby abandoned due to crowd trouble
The Greek derby between Panathinaikos and Olympiacos at the Athens Olympic Stadium was abandoned on Sunday due to crowd trouble. Deep inside the second half as their team were losing 1-0, Panathinaikos fans clashed with
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
Elon Musk ignites political firestorm, suggesting it’s time for a new party
Elon Musk has asked whether it’s “time to create a new political party in America” as his increasingly acrimonious public feud with President Donald Trump intensifies. Why It Matters Musk resigned from his position at
The undermining of Greece’s geopolitical credibility under the Mitsotakis government!
The Mitsotakis government’s foreign policy has led Greece into an unprecedented crisis of geopolitical credibility, with serious consequences for national interests, national sovereignty, and territorial integrity. The policy of appeasement towards Turkey, the signing of
Moscow bans Greek official and warns of further retaliation
Russia is dangerously hardening its stance towards Greece, openly denouncing the New Democracy government as a servant of the West. Moscow bans a Greek official and warns of further retaliation, openly denouncing the New Democracy
Germany’s economy buckles into a full-blown bankruptcy crisis
Germany is bracing for a continued surge in major insolvencies throughout 2025 and even 2026, according to a recent analysis by credit insurer Allianz Trade. Germany’s economy buckles into a full-blown bankruptcy crisis after a disastrous
Sinai Monastery on the Altar of cheap energy
Corriere links Mitsotakis–Sisi deal to historic sell-off of the Sinai Monastery on the Altar of cheap energy. On the altar of cheap energy! Corriere della Serra links the issue of the Monastery of Sinai to
Trump signs order banning citizens of 12 countries from entering the US
Nationals from countries including Afghanistan, Haiti and Sudan ‘fully’ restricted as those of seven other countries partially restricted Donald Trump has signed a sweeping order banning travel from 12 countries and restricting travel from seven
