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
Anger over medicinal shortages
Complaints are mounting from Australian citizens against the government for relying on international supply of medicines instead of local production as the nation faces a “severe” shortage of pharmaceuticals. It was revealed earlier this week
How to spend $150m Powerball winnings
Australia’s Powerball has jackpotted to $150 million. A personal finance expert shares the smart thing to do if you win. Australia’s Powerball jackpot has soared to a staggering $150 million but even that much cash
At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall
A central focus of this week’s budget is the treasury’s forecast for inflation. By this time next year, inflation is projected to be back within the Reserve Bank’s 2-3% target range. Inflation has dropped dramatically
Markos Seferlis is gearing up to unleash waves of laughter in Australia!
Ta Nea newspaper and 3XY Rdio Hellas will soon reveal further information regarding Markos Seferlis’s upcoming comedy performances in Melbourne, Sydney, and Adelaide. Renowned Greek comedian Markos Seferlis is scheduled to grace Australian shores this
AMA welcomes sickly sweet sugar tax calls
Australia should introduce a tax on sugary drinks to help combat obesity and diabetes according to the Australian Medical Association, in a call backed by a new report from the Grattan Institute. AMA President Professor
What just happened to Bonza? Why new budget airlines always struggle in Australia
The history of budget jet airlines in Australia is a long road littered with broken dreams. New entrants have consistently struggled to get a foothold. Low-cost carrier Bonza has just become the industry’s latest casualty,
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
Turkish Defence Minister aggravates climate with Greece
In his address to a committee of the Turkish National Assembly, Turkish Defence Minister aggravates climate with Greece (and former Chief of the Armed Forces), General Yasar Güler, stirred tensions in bilateral relations. His extensive
Domestic violence cases in 2024 reach alarming levels: Over 15,000 women victimized
Shocking data on domestic violence incidents in Greece during the first ten months of 2024 reveals a troubling surge, with over 15,000 women identified as victims. This figure represents a near doubling compared to the
Tempi: They survived the crash but burned while calling for help
Capturing information from these audio recordings is challenging due to the distressing screams of the dying. We had to separate the factual data from the emotion. When a collision occurs, the phone automatically dials 112
The Hellenic Intelligence Service unveils Cyprus coup and Turkish invasion archives
The Hellenic Intelligence Service unveils Cyprus coup and Turkish invasion archives
Samaras and Karamanlis apply the brakes on Gerapetritis
Turkish Foreign Minister Fidan came for a package solution, and his Greek counterpart reiterated Athens’ “firm positions” on the continental shelf and EEZ. Foreign Minister Hakan Fidan attempted to impose the logic of a “holistic
Greece’s Aegean territorial sea extension is a game changer
Claims by some of Greece’s political elite that the Aegean Sea is not a “Greek lake” because it would impede international navigation are completely unfounded uneducated and treacherous. Greece’s Aegean territorial sea extension is a
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
Secret negotiations between Turkey and Syria over maritime zones
A letter signed by Turkish Foreign Minister Hakan Fidan has, for the first time, confirmed that secret negotiations are underway to define maritime boundaries between Turkey and Syria, in anticipation of the post-Assad era. Secret
Greek expatriates tax and business online workshop
The General Secretariat for Greeks Abroad and Public Diplomacy, in collaboration with the Independent Authority for Public Revenue (AADE), is organising an online workshop for expatriates and residents abroad on issues related to tax procedures
Elon Musk and Billboard Chris win legal battle against Australian eSafety Commissioner
In a landmark legal victory, Elon Musk’s social media platform, X, and Canadian activist Chris Elston, also known as Billboard Chris, have successfully challenged a takedown notice issued by Australia’s eSafety Commissioner, Julie Inman Grant.
Heatwave in Italy: Woman dies of heart attack on the street, construction worker in coma
Italy is currently grappling with a brutal heatwave that has claimed the lives of at least two people in the central and southern regions, as the country faces record-high temperatures. The scorching heat has intensified,
Venezuela declares UN High Commissioner for Human Rights, Volker Turk, persona non grata
In a significant diplomatic development, the Venezuelan National Assembly has declared Volker Turk, the United Nations High Commissioner for Human Rights, persona non grata. This decision came after recent criticisms from his office regarding the
Penny Wong under pressure at strategic Quad talks amid rising tensions with Trump administration
Australian Foreign Minister Penny Wong has faced intense diplomatic scrutiny in Washington as she joined her counterparts from the US, Japan, and India at a high-stakes Quad summit, amid growing uncertainty in Australia-US relations and
