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
Greek police find 92 naked migrants sent from Turkey to Greece
Greek police have rescued a group of 92 illegal migrants who were discovered naked, and some with injuries, close to its northern border with Turkey, police say. The migrants, all men, were discovered close to
The UK financial system is facing a major crisis
The UK financial system is facing a major crisis this week. What’s causing it? Short Recently, UK government-issued bonds have been getting dumped en masse, flooding the market and tanking their value. Why is this
The U.S. Is winning its war on Europe’s industries and people
JUST IN – German economy deteriorated significantly in September. IFO business climate index continues to fall. On February 7 Professor of Economics Michael Hudson explained why America’s Real Adversaries Are Its European and Other Allies:
Halt Erdogan’s Aggression: Apply Section 907 to Turkey
Ιn 1992, shortly after the Soviet Union’s collapse, the U.S. Congress passed the Freedom Support Act to support open markets and coordinate assistance for the successor states of the Soviet Union. Against the backdrop of
NASA successfully launches its first rocket from newly created Arnhem Space Centre
Source: ABCnews NASA has successfully launched its first rocket from Australian soil in more than a quarter of a century. After rain and wind delayed the launch by more than an hour, the suborbital sounding rocket took
5 steps to help you recover after identity theft
Source: techradar ID fraud occurs quickly and almost always without warning. It can take months to recover from normal circumstances, so knowing what is required to expedite the process is essential. If your identity has
