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
Peter Dutton’s proposed nuclear power plant sites
Peter Dutton has announced he will go to the next election promising to build seven nuclear power stations. Mr Dutton has promised the first sites can be operational between 2035 and 2037, several years earlier
Victoria’s middle class the “new face” of poverty
A growing number of working families are being added to the queues of economically impoverished Australians relying on food donations during the cost-of-living crisis. Foodbank Australia, whose latest needs assessment shows 3.7 million households struggled
Fighting fires from space in record time: how AI could prevent a repeat of Australia’s devastating wildfires
Australian scientists are getting closer to detecting bushfires in record time, thanks to cube satellites with onboard AI now able to detect fires from space 500 times faster than traditional on-ground processing of imagery. Remote
Treasurer calms recession fears but admits Aussies face ‘Uncertain times’
Treasurer Jim Chalmers has reassured Australians that the country is not heading for a recession, even as the economy shows its weakest growth in nearly three years. In an interview with Today, Chalmers addressed data
Fourth Victorian poultry farm detects bird flu
Victoria’s bird flu outbreak has now spread to a fourth poultry farm, a development anticipated by authorities amid ongoing investigations. Agriculture Victoria confirmed today that a farm near Meredith, west of Melbourne, tested positive for
Australia’s most trusted brands – 2024
Reader’s Digest has announced the results of the 25th Annual Most Trusted Brands survey. And the results speak volumes about the formula trusted brands use in a volatile market – retaining trust during difficult financial
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
Thousands compete in Athens half marathon
Thousands of professional and amateur runners participated in the 8th Athens Half Marathon held in the center of the Greek capital on Sunday morning. The race held on a beautiful and warm spring day started
New Zealand mass killer visited Greece twice
The man thought responsible for the killing of at least 50 people in the unprecedented terrorist attack in New Zealand that stunned the nation and the world, visited Greece twice, local media reported on Saturday.
Turkey claims airspace violations in the Aegean are “legal”
Turkey has claimed that airspace violations in the Aegean are “legal” and “no threat to Greece.” Calling Turkish flights over Aegean “a threat” is incompatible to good neighborly ties, the Turkish Foreign Ministry said in
Exact replica of Nike of Samothrace awaiting to be transferred to home island
An exact replica of the iconic marble sculpture of Nike of Samothrace, one of the most spectacular exhibits in the Museum of the Louvre, has been temporarily placed in the city of Alexandroupolis, NE Greece,
Recognition of Macedonian language a ‘grave mistake,’ says prominent linguist
Greece committed a “grave mistake” in recognizing the existence of a Macedonian language, prominent linguist and former education minister Georgios Babiniotis said, adding that the clause in the Prespes accord signed between Athens and Skopje
Greek foreign ministry reacts to Erdogan comments on military flights in Aegean
Athens immediately responded on Friday to inflammatory statements a day earlier by Turkish President Recep Tayyip Erdogan, who, among others, said “we (Turkish military) scramble aircraft in the Aegean, as long as the Greeks do
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
