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
One in 20 mortgage holders spend more than they earn, says new RBA report
A new Reserve Bank report reveals a worrying trend in Australia, with one in 20 mortgage holders spending more money than they earn. What’s more, tens of thousands of households are at risk of running
Easter trading hours 2024: What major stores will be opened on Good Friday and Easter Saturday, Sunday and Monday?
Easter is upon us again and that means a whole heap of confusion with stores across the country either open, shut or operating at different hours. To make things easier for you around the busy
Measles outbreak in Melbourne’s south-east: Residents advised to be on alert
A case of measles in Melbourne’s south-east has prompted local health authorities to alert residents. The patient, a returning traveler to the area, had visited 18 locations in the area between 14 and 19 March
Hundreds of cannabis plants seized in Melbourne’s north
A major cannabis plant seizure has taken place in Melbourne’s northern suburbs as police raided a factory that was operating a sophisticated cannabis cultivation facility. Specifically, police discovered and seized more than 500 cannabis plants
Australia’s unemployment rate falls sharply as economy adds 116,000 jobs
Australia’s unemployment rate has fallen sharply as the economy created 116,000 new jobs in February, according to the Australian Bureau of Statistics (ABS). This led to a sharp fall in the unemployment rate from 4.1%
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
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
Greece’s minimum wage set to rise today
The new minimum salary to be introduced from today, will amount to 830 euros gross, increased by 6.4%, the government announced on Friday. It will concern at least 560,000 workers already employed in the private
Bicommunal Bi-zonal Federation
For 50 years they have been plaguing us with their three-carat bi-communal bi-zonal federation. Since August 16, 1974, when the Foreign Office finally decided on a “solution” to the Cyprus problem only after the two
Mykonos: where legislation regarding beach use remains unenforced
The incidents of lawlessness on the Greek islands involving businesses seem endless, as they have recently faced legal issues. Last summer, Mykonos was prominently featured on the list of islands where legislation regarding beach use
Tempe Train incident: A year ago the chairman of the engine drivers alleged editing of evidence – he was never invited to the inquiry
A few days after the train tragedy in Tempe, and specifically on March 3, 2023, the former president of the engine drivers, Kostas Genidounias, had spoken about tampering of audio recordings containing the stationmaster’s conversations
Today, Maria Karystianou returns to the European Parliament to deliver a speech on the Tembi Train incident
Here’s how you can watch her address: Today, Maria Karystianou returns to the European Parliament to deliver a speech on the Tembi Train incident. This crucial session represents another significant step towards justice for the
A dangerous memorandum with the USA
Tabled in the Greek Parliament on Friday by the New Democracy Party a dangerous memorandum with the US opens the door for Greek troops to go to Ukraine under US command. It provides for the
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
U.S. poised to launch massive bombing campaign on Iran this weekend
American investigative journalist Seymour Hersh, in his latest Substack article, wrote: U.S. poised to launch massive bombing campaign on Iran this weekend. A major U.S. bombing campaign against Iran is expected to begin as early
Tensions flare with Libya over offshore licensing south of Crete
An unexpected complication has emerged ahead of Greek Foreign Minister George Gerapetritis’ planned visit to Libya, where he was due to hold meetings in both Tripoli and Benghazi. Tensions flare with Libya over offshore licensing
On the brink: Major powers poised to enter Israel–Iran war
Rumours are circulating that Donald Trump is preparing to authorise the deployment of US forces to join Israel’s campaign against Iran. On the brink: Major powers poised to enter Israel–Iran war. Given the apparent difficulties
L’Equipe: Among the best 18-year-olds in the world Karetsas-Kostoulas
A new, great distinction for two members of the new generation of Greek football. L’Equipe: Among the best 18-year-olds in the world, Karetsas-Kostoulas. The French newspaper L’Equipe, which established the Golden Ball award, has published
Israel strikes Iran’s nuclear and military sites
Israel has launched a large-scale military operation targeting multiple military and nuclear sites across Iran. Israel strikes Iran’s nuclear and military sites in an attack in what Prime Minister Benjamin Netanyahu described as just the
Coalition pushes Albanese to meet Trump amid AUKUS uncertainty
Australia’s opposition is urging Prime Minister Anthony Albanese to urgently secure a meeting with US President Donald Trump, following news that the Trump administration is reviewing the AUKUS security pact. The review casts doubt over the
