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
Impressive! The moment lights go off as Acropolis joins Earth Hour
It was a moment of magic to see Greece’s famous landmark sinking in the dark. At 8:30 sharp on Saturday night, lights went off in Acropolis as in many other buildings of the Greek capital
Unpardonable and irresponsible lies
The theoretical and easy self-criticism of ministers and SYRIZA cadres is fine, but at some point they have to confront the results. We make mistakes and sometimes unpardonable ones, Deputy PM Yannis Dragasakis told Parliament
Opportunity
The Pasok-centred Movement for change paid a debt of honour to Andreas Papandreou. It is a debt not just because Andreas Papandreou played a leadimg role in fashioning the contremporary centre-left, but also because the
Envelope for the next PM
The climate and atmosphere surrounding the government is not the best. Pressures from the electorate are patently obvious. There are plenty of disputes and initiatives which are collapsing one after the other. These initiatives do
Burgeoning ‘Athenian Riviera’ entails prospect of massive boost for Greek tourism
Two emblematic investments in the so-called “Athens Riviera”, the coastline extending roughly from Neo Faliro southeast all the way to renowned Cape Sounion, will have a significant impact on the recovering Greek economy, two top
Greek derby abandoned due to crowd trouble
The Greek derby between Panathinaikos and Olympiacos at the Athens Olympic Stadium was abandoned on Sunday due to crowd trouble. Deep inside the second half as their team were losing 1-0, Panathinaikos fans clashed with
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
Greece responds to Erdogan’s aggressive remarks ahead of Berlin meeting
Greece and Turkey have traded barbs a few hours ahead of the meeting on the situation in Libya in Berlin. Turkish President Recep Tayyip Erdogan again indulged in aggressive remarks early Sunday, before departing for
Germany: All EU members must take in Migrants
The continuing debate over migration is, at its core, about European federalism and the degree to which the European Union will be allowed to usurp decision-making powers from its 28 member states. If everything goes
What’s next for Bolivia after military coup?
Morales’s government nationalized natural gas and electric companies, defying both the US and the Bolivian oligarchy. So it’s not surprising that those forces now denounce Morales as a dictator and cheer his overthrow. Bolivia held
Princeton Study: The U.S. is not ‘Losing’ its Democracy, it’s already long gone
The Facts: – A Princeton University study found that the United States operates much more as an Oligarchy than as a Democracy. Reflect On: – Can the current system be fixed or do we need
Turkey: Erdogan’s Campaign against the West
“Europe is a cultural continent, not a geographical one… It is its culture that gives it a common identity. The roots that have formed it, that have permitted the formation of this continent, are those
Tsitsipas wins ATP Finals title
Stefanos Tsitsipas has beaten Dominic Thiem in 3 sets to win ATP Finals title. Tsitsipas rallied to beat Thiem 6-7 (6), 6-2, 7-6 (4) on Sunday to become the youngest ATP Finals champion in 18
