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
The Help to Buy scheme will help but it won’t solve the housing crisis
Brendan Coates – via The Conversation The federal government’s Help to Buy scheme is before the parliament. Both the Coalition and the Greens are opposed to it. If the bill is passed, the government will
By establishing a dedicated whistle-blowing body, Labor can prove its integrity credentials
Without the support of a whistleblower protection authority, too many whistleblowers remain silent, to the detriment of our democracy. Imagine finding something amiss at work: irregularities in project numbers as a public servant or discovering
The magic income that could win the biggest tax cut
Australia’s political stage could be set for a showdown this week as the government introduces its proposal to parliament to overhaul the stage 3 tax cuts. Both parties have claimed that their tax package does
Why it’s a good bet the RBA’s Melbourne Cup Day interest rate hike will be the last
Peter Martin – via The Conversation Australia just became the odd one out. At its meeting last week, the US Federal Reserve kept its official interest rate on hold. A week earlier, the European Central
Optus outage leaves 10 Million Australians without mobile or internet
Optus outage leaves 10 million without mobile or internet network: Boss’s silence makes alarming admission about the cause. Optus has suffered one of the biggest outages in Australian history. The Optus crash has affected 10
The ABC smear proposes X is now a ‘worthless’ platform
In a scathing attack on Twitter the news organization ABC has labelled the platform proposing X is now a ‘worthless’ platform. If the ABC smear proposes X is now a ‘worthless’ platform, how valid is
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 moves to clamp down on migrant arrivals from Libya with detention and asylum ban
As arrivals spike in Crete, the government revives 2020 border strategies and seeks deeper cooperation with Eastern Libya The Greek government has announced tough new measures to curb illegal immigration from North Africa, particularly from
Greece tables emergency asylum bill – Immediate deportations for illegal entries from North Africa
The Greek Parliament is debating today a controversial emergency amendment that imposes a three-month suspension on asylum applications by individuals entering the country illegally via sea routes from North Africa. The amendment, attached to a
4.4 Magnitude earthquake strikes off Amorgos coast – no damage reported
A magnitude 4.4 earthquake struck off the coast of Amorgos in the early hours of Thursday, sparking concern among residents but causing no reported damage or injuries. According to the Geodynamic Institute of Athens, the
Oropos fire: Fierce overnight battle with flames – improvement in Asprochori, concerns shift to Sykamino
A large wildfire continues to burn in the Oropos region of Attica, with two active fronts threatening local communities. One front is advancing toward Asprochori and the other toward Sykamino, where the situation is currently
Greece Plans Detention Centres in Crete After Diplomatic Rift with Libya
Following a diplomatic incident in Benghazi that saw Field Marshal Khalifa Haftar expel a European migration delegation, the Greek government is preparing a new wave of strict measures to stop migrant arrivals from Libya to
Mitsotakis knew everything about the OPEKEPE scandal
“We failed. Trading for a few votes is unacceptable.” Mitsotakis knew everything about the OPEKEPE scandal. There are more scandals, at least two more to be revealed, and there are elections on the horizon as
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
How China could re-dollarise without funding US wars
China issued a US dollar-denominated bond in Saudi Arabia, directly challenging the petrodollar system. Although the bond was relatively small, at $2 billion, the rate and uptake are noteworthy. China was able to issue US
UK confirms ‘Storm Shadow’ strike in Russia, risking severe escalation
British state media has confirmed that Ukraine launched British-supplied Storm Shadow missiles at targets deep within Russia’s Kursk region. UK confirms ‘Storm Shadow’ strike in Russia, risking severe escalation of the ongoing conflict. This strike,
US, UK, France approve strikes on Russia, NATO set for direct conflict in Ukraine
Bombshell from Le Figaro! US, UK, France approve strikes on Russia, NATO set for direct conflict in Ukraine. This is a transparent attempt to escalate the Ukraine War before Trump takes office. Biden is now
Samaras and Karamanlis apply the brakes on Gerapetritis
Turkish Foreign Minister Fidan came for a package solution, and his Greek counterpart reiterated Athens’ “firm positions” on the continental shelf and EEZ. Foreign Minister Hakan Fidan attempted to impose the logic of a “holistic
Donald Trump Taps Elon Musk, Vivek Ramaswamy to Lead Nonexistent Department of Government Efficiency
“These two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” said Donald Trump in a statement. President-elect Donald Trump announced
A shadow ‘financial crisis’ has cost the world $2 trillion
Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states, according to estimates from CoreLogic. That’s a
