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
Australia, United States and Japan sign missile deal aimed at countering China
Today, United States President Joe Biden announced the launch of a new air defence strategy in partnership with Australia and Japan. The announcement was made during a joint press conference with Japan’s Prime Minister Kishida
Australia considers recognising Palestinian state: The need for peace and stability in the Middle East
The political scene in the Middle East is undoubtedly rich with conflict and adversity that has lasted for decades. At the heart of this complexity is the longstanding conflict between Israel and the Palestinians. However,
Anglicare: It costs more to be poor
Unemployment benefits are not enough to cover basic living costs, according to a new report from Anglicare Australia. The national not-for-profit organisation highlighted the impact of inflation – and cost-of-living increases from energy suppliers that
Study finds two-thirds of retirees less financially secure amid cost of living crisis
Most retirees in Australia are happy with their retirement, but a significant proportion are concerned about their financial security, according to research commissioned by investment firm Challenger and conducted by YouGov. The survey of 1,000
Regional hospitals are collapsing
Regional hospitals are warning they face ‘inevitable closures’ or widespread job losses following a Victorian-wide mandate to cut spending ahead of this year’s state budget. Leaked internal documents reveal that chief executives of many of
Samantha Mostyn: The next Governor General of Australia
Prime Minister Anthony Albanese has announced that Samantha Mostyn will be the next Governor General of the country. Ms Mostyn, a prominent businesswoman and gender equality advocate, will succeed David Hurley and become Australia’s 28th
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
Premier of Victoria extends invitation to Greek Prime Minister for 2025 visit
In a recent meeting between the President of the Greek Community of Melbourne (GCM), Bill Papastergiadis OAM, and the Premier of Victoria, Jacinta Allan, along with Greek MPs, Premier Allan expressed the significance of having
October 28th, 1940 “Oxi Day”. What is it all about and why is it so important?
October 28th, 1940, Oxi Day, a Greek National Holiday, is celebrated on October 28th by military and student parades across the country. What is it all about and why is it so important? Every year
Mimis Plessas, the great composer, passes away at age 100
The celebrated composer Mimis Plessas has passed away just one week shy of his 100th birthday. The news was announced by his wife, Loukila Carrer Plessas, in a heartfelt message: “You will not be by
Count Ioannis Antonios Kapodistrias, a Greek statesman
He was born in Corfu, then part of the Venetian Republic, and came from an aristocratic family with roots in Epirus. He initially studied medicine (which he practiced in Corfu, often offering his services, often
Shock at Herodion: Marinella Collapses on Stage – Watch the Shocking Video
The great Greek singer Marinella collapsed on stage during a concert at the Herodion. The beloved artist lost consciousness while singing. Announcement from the Production Company: “Due to Marinella’s sudden illness, today’s concert at the
Mitsotakis at the UN Summit on the “Future”: Global Threats Require Global Solutions
At the plenary session of the UN Summit on the “Future,” Greek Prime Minister Kyriakos Mitsotakis emphasized that “there are global threats that require global solutions.” Speaking in the General Assembly Hall of the United
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
Which is the best city in the world to live in?
How do you measure the sustainability of a country? The Economist Intelligence Unit (EIU) has come up with a formula to help companies calculate the level of difficulty in different cities when relocating their staff.
The 10 cities with the world’s highest fines for offending drivers
Today, traffic offences are commonplace in the world’s major cities, but the penalties imposed vary greatly from city to city. Some cities are stricter than others, and offending drivers can expect to pay hefty fines
Democrats are in a quandary after Biden’s debate fiasco
US President Joe Biden’s appearance in the debate with former US President Donald Trump can only be described as disastrous. Democrats are in a quandary after Biden’s debate fiasco where it was obvious that he
Bolivian coup fails amid suspicion of foreign interference
Riot police closely monitored government buildings the day after army chief Zuniga deployed troops and tanks to the center of the capital. Bolivian coup fails amid suspicion of foreign interference in a coup attempt that
26 June – International Day against drug use and illicit trafficking
Message from Antonio Guterres, United Nations Secretary-General “The focus should be on rehabilitation rather than punishment and imprisonment for minor drug offences”. Tens of millions of people suffer from a substance use disorder. Less than
Julian Assange: Countdown to his return to Australia
The release of journalist Julian Assange from British jails following a plea bargain with the US justice system has dominated global headlines in recent hours. The final chapter of Julian Assange’s “odyssey” is expected to
