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
Real estate is a big business force in the Cyclades
Which Cycladic islands have seen the most property sales in the past five years? While Santorini and Mykonos are commonly thought to lead due to their popularity, the actual data reveals a different story. According
Greece’s wildfires trigger widespread evacuations and warnings
Tourists traveling to Greece have been warned of extreme weather and wildfires as thousands of people were evacuated from areas near Athens. On Sunday, residents were forced to flee their homes as a fast-moving wildfire,
Turkey and Turkish Cypriots “Torpedo” Cyprus Talks
The leader of the Turkish Cypriot entity, Ersin Tatar, is systematically “torpedoing” UN efforts to restart negotiations aimed at resolving the Cyprus issue. Meanwhile, the Turkish government, with President Recep Tayyip Erdogan at the forefront,
Diplomatic sources: Serious doubts about the integrity of elections in Himara
Greek diplomatic sources have called on Tirana to address allegations concerning the integrity of the electoral process in Himara. “Allegations made by members of the Greek ethnic minority in Albania regarding the conditions under which
The resignation of Greece’s foreign Minister Gerapetritis is being demanded in Cyprus
Outraged with his statements of ” generosity” that shows national inferiority have resulted in calls for the resignation of Greece’s foreign Minister Gerapetritis is being demanded in Cyprus! There have been many adverse reactions mainly-
The impending conflict between NATO allies: Greece and Turkey
The relations between Turkey and Greece have never been normal. The legacy of Mongol Turkish conquest of Greece in the fifteenth-century poisons all connections between Turks and Greeks. The Greeks remember their Turkish oppressors like
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
Secret negotiations between Turkey and Syria over maritime zones
A letter signed by Turkish Foreign Minister Hakan Fidan has, for the first time, confirmed that secret negotiations are underway to define maritime boundaries between Turkey and Syria, in anticipation of the post-Assad era. Secret
Greek expatriates tax and business online workshop
The General Secretariat for Greeks Abroad and Public Diplomacy, in collaboration with the Independent Authority for Public Revenue (AADE), is organising an online workshop for expatriates and residents abroad on issues related to tax procedures
Elon Musk and Billboard Chris win legal battle against Australian eSafety Commissioner
In a landmark legal victory, Elon Musk’s social media platform, X, and Canadian activist Chris Elston, also known as Billboard Chris, have successfully challenged a takedown notice issued by Australia’s eSafety Commissioner, Julie Inman Grant.
Heatwave in Italy: Woman dies of heart attack on the street, construction worker in coma
Italy is currently grappling with a brutal heatwave that has claimed the lives of at least two people in the central and southern regions, as the country faces record-high temperatures. The scorching heat has intensified,
Venezuela declares UN High Commissioner for Human Rights, Volker Turk, persona non grata
In a significant diplomatic development, the Venezuelan National Assembly has declared Volker Turk, the United Nations High Commissioner for Human Rights, persona non grata. This decision came after recent criticisms from his office regarding the
Penny Wong under pressure at strategic Quad talks amid rising tensions with Trump administration
Australian Foreign Minister Penny Wong has faced intense diplomatic scrutiny in Washington as she joined her counterparts from the US, Japan, and India at a high-stakes Quad summit, amid growing uncertainty in Australia-US relations and
