RBA holds firm: No cuts until job market softens further
Reserve Bank of Australia Governor Michele Bullock has reinforced the bank’s cautious stance on interest rate cuts, stating that further evidence of a weakening labour market is needed before any monetary easing. Speaking at the
Economic crisis in Australia: Millions of Australians have less than $1000 in savings
A recent Finder survey has highlighted a worrying problem in Australian society: almost half of Australians have less than $1000 in savings. This equates to 9.4 million people, with the average amount available to save
Rescue in Melbourne: students rescued from burning boat
Dozens of students were rescued from a burning boat in Melbourne’s Port Phillip Bay this morning. The serious situation forced the boat’s crew to call for help and spring into action to save the occupants.
Record number of migrants in January
The influx of migrants to Australia hit a record number in January, despite the Albanese government’s plan to slow the wave of new arrivals, leading to what legendary businessman Dick Smith called a “disaster for
RBA keeps cash rate at 4.35%
The cash rate will remain at 4.35% following the Reserve Bank of Australia’s (RBA) March monetary policy meeting. The decision was largely expected, as the latest Australian Bureau of Statistics data showed annual trimmed mean
$216 Billion: The cost of Victoria’s Suburban Rail Loop
The cost of building and operating the Allan Government’s new underground rail loop through Melbourne’s city centre, which will take five decades to build, has soared to $216 billion, according to an independent study. Estimates
Using Super for home deposits would inflate property prices by $75,000, study claims
A recent study suggests that a Coalition proposal allowing first-time homeowners to use their super for a house deposit could lead to a significant surge in prices, potentially raising property values by nearly $75,000 across
Mitsotakis: Greece will not discuss sovereignty with Turkey – “Twitter diplomacy is easy”
Greek Prime Minister Kyriakos Mitsotakis firmly ruled out any negotiations with Turkey on matters of national sovereignty, in a televised interview with SKAI anchor Sia Kossioni on Tuesday evening. “Greece does not discuss issues of sovereignty. We will never accept the theory of ‘grey zones’, nor will we allow Turkey
High rents force Mykonos’ businesses to shut down
The high prices owners demand from businessmen to pay for rent at Mykonos‘ highstreet of Matogianni, has led many businesses to shut down. Residents of the popular Greek island say that some owners ask for outrageously
The detestable trade in MPs, votes
The image of Parliament over the last days is absolutely disheartening and reflective of the political crisis that has beset the country. The representatives of the people, deserted and faceless, as the poet says, bargaining
Tsipra’s visit to Ankara: preparation of a painful compromise?
Recently there have been announcements by the Turkish National Security Council according to which not even a bird can fly in the Aegean and the South East. Mediterranean without Turkey’s approval. To defend Turkey’s interests,
Thessaloniki mayor vows to protect city’s Jewish heritage
Thessaloniki Mayor Yiannis Boutaris said Friday that Jewish monuments will be repaired, no matter how many times they are vandalized. “Even if they vandalize the monuments 100 times we will repair them 110 times,” said
Greece is the third largest investor in the FYROM
Greek companies have invested 473 million euros over two decades in the Former Yugoslav Republic of Macedonia (FYROM), according to data released by Skopje’s National Bank. This makes Greece the third largest investor in FYROM
Who owns the Acropolis of Athens? An “unknown owner”…
The Acropolis of Athens narrowly escaped the risk to be target of property hunters after the Culture Ministry failed to claim the ownership on time. In the Hellenic Cadastre it was regi-stered to have an
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 interview with the far-right platform Ultrahang, Orban said that Hungary’s EU membership “still makes sense
Australia sends first batch of M1A1 Abrams Tanks to Ukraine in $245 million military support package
Australia has officially delivered the first tranche of M1A1 Abrams main battle tanks to Ukraine, marking a major milestone in its ongoing support of the war-torn country’s defense against Russia’s invasion. The shipment, valued at
Trump faces backlash from MAGA base over Epstein Files controversy
Washington, D.C. – President Donald Trump is facing growing political danger from his own MAGA base after dismissing calls to release further documents relating to deceased sex offender Jeffrey Epstein. In what analysts are calling
Florida reports four deaths linked to flesh-eating bacteria in coastal waters
Health authorities in Florida have confirmed that four people have died this year due to infection with Vibrio vulnificus, a rare but highly dangerous flesh-eating bacterium found in warm, brackish coastal waters. According to the
EU adopts 18th sanctions package against Russia, targeting oil exports
The European Union has officially adopted its 18th sanctions package against Russia, further intensifying its economic pressure in response to Moscow’s ongoing war in Ukraine. According to diplomatic sources in Brussels, the new measures include
Libya’s UN submission is a proxy attack on Greece’s maritime sovereignty
Point 1 as a Strategic Choice According to the submitted list of coordinates, the northern boundary of the Libyan continental shelf begins (east to west) with points B and A, which form the eastern and
The geopolitical context of Albanese’s China visit
Prime Minister Albanese and I have a few things in common. We were both born on 2 March, and we have both been in car accidents, and as I write this, we are both in
