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
Germany: All EU members must take in Migrants
The continuing debate over migration is, at its core, about European federalism and the degree to which the European Union will be allowed to usurp decision-making powers from its 28 member states. If everything goes
Greek court hands down maximum sentences in Siemens bribery case; prominent defendants tried in absentia
A three-justice Athens appellate court on Monday handed down mostly the maximum possible prison sentences to defendants convicted last month in the more than decade-old Siemens bribery and money laundering case – although four of
EU Backs Athens and Nicosia, asks Turkey to publish Turkish – Libyan accord
During the daily briefing of the European Commission in Brussels on Wednesday, the EU asked Turkey to publish its agreement with Libya, and at the same time expressed its unequivocal solidarity with Greece and Cyprus
Dendias: Turkey blackmailed Libya
The Libyan-Turkish memorandum delineating common maritime boundaries in the Mediterranean is the product of Turkish blackmail to the embattled Libyan government and is totally devoid of substance, Foreign Minister Nikos Dendias said Sunday. “The Turkish
Greece issues damning statement following Turkey’s disrespectful remarks on Pontian Genocide
The Greek Foreign Ministry issued a damning response on Sunday morning to the Turkish slander published on Saturday evening regarding a conference about the Pontian Genocide, where Greece’s PM was present giving a speech. The
Greek PM from Pontian Genocide Conference: “Greece has always overcome the storms of History”
The Pontian Genocide was a tragic chapter in the history of modern Greece, and the lessons it holds must prevent its repetition anywhere in the world, Prime Minister Kyriakos Mitsotakis said on Friday, during his
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
Why was Telegram’s Pavel Durov effectively kidnapped at Paris Airport?
Pavel Durov, the founder and CEO of Telegram, was arrested in France today on various charges. Telegram has been a key platform for sharing information about the Israeli actions in Gaza, with thousands of videos
Winners and losers in global commodities this year
The global commodities market has experienced significant volatility this year, with prices generally remaining elevated across various sectors. The first half of the year saw orange juice and cocoa prices reach record highs, while crude
WHO reassures: Mpox is not the new COVID – We know how to control its spread
A World Health Organization (WHO) official emphasized today that Mpox, whether it’s the new or old strain of the disease, is not the new COVID-19, as health authorities have the knowledge to control its spread.
The Middle East on a razor’s edge: Tough bargaining for a ceasefire
International concerns over the escalation of war in the Middle East have peaked as U.S. Secretary of State Antony Blinken arrives in Israel in a last-ditch diplomatic effort to secure a ceasefire in Gaza. This
Monkeypox: WHO Recommends Vaccination in Affected Areas
The World Health Organization (WHO) recommended on Monday that countries affected by the mpox virus (commonly known as monkeypox) initiate vaccination programs, particularly in regions where cases have been reported. The mpox outbreak in the
Sicily shipwreck: Tech tycoon Mike Lynch among the missing
At least one person has died and six others are missing after a luxury yacht was struck by a severe storm and sank off the coast of Palermo, Sicily’s capital. Among the missing is British
