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
Cyprus: Turkey’s drilling bid violates international law
Cyprus’ foreign ministry says Turkey’s bid to drill for natural gas in waters where the island nation has exclusive economic rights is a “flagrant violation” of its sovereignty under international law. The ministry in a
How ancient Greek vases were made
From the Neolithic period onwards, the ancient Greeks made pots in a variety of different styles. The most characteristic styles of pottery being black-figure and red-figure. In black-figure, the figures are painted using a slip
Tsipras tells Cretans he will seek WWII reparations from Germany
Prime Minister Alexis Tsipras on a campaign stop in Anogeia, Crete today touted his intention to seek German WWII reparation after a parliamentary resolution authorised the government to do so. «After many years, the road
Lies and responsibilities
From the first hours of last summer’s disastrous wilfire in Mati the weaknesses of crumbling state services, a lack of coordination, and the absence of even rudimentary emergency plans were glaring. One witnessed in amazement
Revolution! Modern art exhibition at the archaeological site of Delos
An unprecedented exhibition by British sculptor Antony Gormley at the archaeological site of Delos. 29 iron “bodyforms” have been scattered among the ancient columns and stones of what it once was the holy sanctuary for
Crafting a regional policy to contain Erdoğan
Turkey poses a long-term threat to the security of the Middle East. Containing Neo-Ottomanism requires a defensive policy that integrates Greece, Cyprus, Israel, and theKurds into a regional alliance. A new era has dawned in
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
Albanese to raise “full range of issues” in high-stakes China trip
Australian Prime Minister Anthony Albanese is embarking on a politically delicate six-day mission to China, vowing to raise the “full range of issues” troubling the bilateral relationship. From the unjust jailing of Australian academic Dr.
Air India: Panic in the cockpit as fuel cutoff switches were activated just before the crash – preliminary report
A preliminary report on the devastating Air India crash, which tragically claimed the lives of 260 people, has revealed shocking new details. The plane, which crashed shortly after takeoff in India, was believed to have
Turkey and Libya sign new military agreement to deepen strategic alliance
Turkey and Libya signed a new military cooperation agreement on Thursday, July 10, in Ankara, aiming to enhance the Libyan army’s operational capabilities through advanced training, logistical support, and technical expertise. The deal was signed
Israel urges US to resume strikes on Houthis after attacks on Greek-operated ships
Tensions in the Red Sea are rising rapidly as Israel formally requested the United States resume military strikes on Iranian-backed Houthi rebels in Yemen, following a deadly escalation that saw two Greek-operated ships sunk. The
Internal chaos in Trump White House threatens future of AUKUS submarine deal
The AUKUS submarine deal is under renewed scrutiny amid reports of internal dysfunction within the Trump administration, described by insiders as “Game of Thrones politics.” While U.S. Secretary of State Marc Rubio has sought to
How Putin rebuilt Russia into a global power
Many wonder how the Russian economy manages to stay afloat under numerous sanctions, maintain low debt levels, and even outperform the West in certain production sectors. Following the collapse of the Soviet Union, Moscow—a once-great
