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
Younger Aussies making sacrifices after spending a quarter of income on food
Younger Australians and lower income households are spending up to 25 per cent of their income on food, according to research by the Australian Consumer and Complaints Commission (ACCC). Australians are spending more time shopping
Australia’s Digital ID Bill was swiftly passed through the Senate, sparking an outcry over the lack of debate
The government-backed digital identity scheme, known as the ‘Digital ID Bill 2023’, was rushed through the Senate without thorough discussion, prompting criticism over its hurried implementation. This legislation lays the groundwork for a comprehensive digital
Airports brace for busiest day of the year as Easter travel kicks off
Hundreds of thousands of people are expected to jam airport queues and crowd roads today ahead of the long Easter weekend. More than 200,000 people are expected to pass through Sydney and Melbourne airports in
Sally Capp to step down as Lord Mayor of Melbourne
Sally Capp has announced she will step down as Lord Mayor of Melbourne after six years in the role. Capp, who was elected in 2018, announced this morning “with mixed emotions” that she would not
Melbourne and Sydney record surge in population
Both Melbourne and Sydney have seen a surge in population growth, according to new data from the Australian Bureau of Statistics (ABS). The biggest increase was seen in Melbourne, which jumped by 167,500 people in
Inflation holds steady at 3.4 per cent
Inflation has held stable at 3.4 per cent for the third month in a row, according to figures from the Australian Bureau of Statistics. Inflation in the 12 months to February was driven by increases
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
Lack of new framework to protect primary residences blocks disbursement of €970 mln to Greece
Eurozone finance ministers – the Eurogroup venue – on Monday did not approve the disbursement of a 970-million-euro tranche to Greece, a more-or-less expected development linked with a failure to finalize a new legal framework
Mitsotakis to CNN: Greece will be a ‘positive surprise’ in terms of investments in next 2-3 years
Main opposition New Democracy (ND) party leader Kyriakos Mitsotakis stuck to his pro-reform and pro-market message during an interview with CNN on Monday, as he continued a visit to the United States amid opinion polls
British newspaper reveals plans to uncover Athens’ ancient Ilissos river
The British newspaper The Telegraph revealed on Sunday that a Greek urban renewal firm called ”Anaplasis” plans to uncover Athens’ ancient river of Ilissos. Back in October of 2018, a part of the Athenian tram
Greece blasts BBC for report on non existant “Oppressed Macedonian Minority”
Greece’s Ambassador to the UK, Dimitris Karamitsos-Tziras, send a letter of complaint to the BBC on Monday, following a report which spoke of the existence of a “Macedonian minority” in the country. Karamitsos-Tziras said the
Greece to monitor Methana Volcano, just 50km away of Athens
For the first time, the Greek Geodynamic Institute will install six seismological stations to monitor the volcano of Methana in the Saronic Gulf, just 50 km away from capital Athens. “ A source of concern
The ‘Atlantis of Crete’: The sinking village sinks again
The locals call it the “Atlantis of Crete”, as the village of Sfentyli sinks slowly and gradually into the waters coming from the Aposelemis dam. One part of the Cretan village has sunk completely. It
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
Asteroid the size of the Empire State Building could hit the moon in 2029- How could that affect Earth?
An asteroid measuring approximately 400 metres — about the size of the Empire State Building — is on a potential collision course with the Moon, according to astronomers. The object, identified as 2022 SF289, is
UK MPs call for recognition of Palestinian State
More than 200 Members of the UK Parliament have urged Prime Minister Keir Starmer to recognize the State of Palestine. In a joint letter signed by 221 MPs from nine political parties, lawmakers appealed to
“Kapodistrias” a cinematic tribute to Greece’s first martyr statesman
Set to Hit Cinemas on December 25 At the beginning of July, filming was completed for Kapodistrias, the new film by acclaimed Greek director Yannis Smaragdis. “Kapodistrias” a cinematic tribute to Greece’s first martyr statesman,
Greek passport soars to 5th strongest worldwide in 2025 rankings
The Greek passport has officially entered the ranks of the world’s most powerful, securing 5th place in the 2025 Henley Passport Index. The Greek passport soars to 5th strongest worldwide in 2025 rankings on the
Orban raises prospectof EU exit, citing Brussels’ authoritarian drift
Hungarian Prime Minister Viktor Orban has once again raised the prospect of a Hungarian exit from the European Union, suggesting that the bloc’s authoritarian evolution may soon outweigh the benefits of membership. Speaking in an
Iran and European powers to resume nuclear talks amid rising tensions
Iran has agreed to resume nuclear negotiations with the European trio – Germany, France, and the United Kingdom – in a diplomatic effort to revive the 2015 Joint Comprehensive Plan of Action (JCPOA). The new
