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
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
Australian PM is the first Western leader referred to ICC as ‘Accessory to Genocide in Gaza’
More than 100 lawyers endorsed the referral, which points to the military, intelligence, and rhetorical support Prime Minister Anthony Albanese has provided to the Israeli government. Australian Prime Minister Anthony Albanese, along with several Western
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
Premier of Victoria extends invitation to Greek Prime Minister for 2025 visit
In a recent meeting between the President of the Greek Community of Melbourne (GCM), Bill Papastergiadis OAM, and the Premier of Victoria, Jacinta Allan, along with Greek MPs, Premier Allan expressed the significance of having
October 28th, 1940 “Oxi Day”. What is it all about and why is it so important?
October 28th, 1940, Oxi Day, a Greek National Holiday, is celebrated on October 28th by military and student parades across the country. What is it all about and why is it so important? Every year
Mimis Plessas, the great composer, passes away at age 100
The celebrated composer Mimis Plessas has passed away just one week shy of his 100th birthday. The news was announced by his wife, Loukila Carrer Plessas, in a heartfelt message: “You will not be by
Count Ioannis Antonios Kapodistrias, a Greek statesman
He was born in Corfu, then part of the Venetian Republic, and came from an aristocratic family with roots in Epirus. He initially studied medicine (which he practiced in Corfu, often offering his services, often
Shock at Herodion: Marinella Collapses on Stage – Watch the Shocking Video
The great Greek singer Marinella collapsed on stage during a concert at the Herodion. The beloved artist lost consciousness while singing. Announcement from the Production Company: “Due to Marinella’s sudden illness, today’s concert at the
Mitsotakis at the UN Summit on the “Future”: Global Threats Require Global Solutions
At the plenary session of the UN Summit on the “Future,” Greek Prime Minister Kyriakos Mitsotakis emphasized that “there are global threats that require global solutions.” Speaking in the General Assembly Hall of the United
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
