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
Greece sees its future as the Florida of Europe
Tourists in hats, cameras slung around their necks, crane them for a view. In the heart of old Athens, it is a reminder that the holiday season has begun. Last week as parties from cruise
More than one in four young Greeks are not working or studying
More than one in four young Greeks aged 20-34 do not work or study, according to the latest Eurostat figures for 2018. Greece is in the second-worst position among the members of the European Union,
Heat wave with temperatures up to 41°C to strike Greece July 1-5
A heat wave with temperatures reaching up to 41 degrees Celsius is forecast to strike Greece in the upcoming weak. Temperature have risen as of this Monday, July 1st, and will remain high until at
Greek Trump: Mayor wants to build a wall to segregate Roma settlement
An elected mayor in Northern Greece wants to build a wall around a Roma settlement even if it is illegal and against the Constitution and no public servant, no matter how racist one is, could
The path to recovery
The qualititative data of a poll conducted by MRB for Ta Nea are of interest in many ways. Overall, they confirm recent polling trends which suggest that New Democracy is on its way to single-party
Turkey: Vote until you get it right Anti-Greek sentiments unleashed again
“Greek settlements in Asia Minor date as far back as the 11th century BC when Greeks emigrated from mainland Greece.” — Asia Minor and Pontos Hellenic Research Center Today, less than half a percent of
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
Florida reports four deaths linked to flesh-eating bacteria in coastal waters
Health authorities in Florida have confirmed that four people have died this year due to infection with Vibrio vulnificus, a rare but highly dangerous flesh-eating bacterium found in warm, brackish coastal waters. According to the
EU adopts 18th sanctions package against Russia, targeting oil exports
The European Union has officially adopted its 18th sanctions package against Russia, further intensifying its economic pressure in response to Moscow’s ongoing war in Ukraine. According to diplomatic sources in Brussels, the new measures include
Libya’s UN submission is a proxy attack on Greece’s maritime sovereignty
Point 1 as a Strategic Choice According to the submitted list of coordinates, the northern boundary of the Libyan continental shelf begins (east to west) with points B and A, which form the eastern and
The geopolitical context of Albanese’s China visit
Prime Minister Albanese and I have a few things in common. We were both born on 2 March, and we have both been in car accidents, and as I write this, we are both in
Four killed in new Israeli airstrikes on Southern Lebanon
Beirut/Tribal Border – At least four people were killed yesterday in southern Lebanon amid fresh Israeli airstrikes targeting Hezbollah positions, according to the Lebanese Ministry of Health. The strikes mark a concerning breakdown in the
Christodoulides-Fidan one-on-one after the dinner of the five powers on Cyprus
Cyprus President Nikos Christodoulides and Turkish Foreign Minister Hakan Fidan held a brief meeting after the dinner hosted by UN Secretary-General Antonio Guterres at the United Nations headquarters. The dinner was attended by the Turkish
