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
Government to slash HECS debt by 20% for over three million Australians
The federal Labor government is set to introduce legislation today that will see a significant 20 per cent cut to the HECS-HELP debt of more than three million Australians. Prime Minister Anthony Albanese confirmed the
A costly leadership: PM Anthony Albanese’s $7 million annual burden on taxpayers sparks debate
Prime Minister Anthony Albanese is under renewed scrutiny following revelations that the total cost of maintaining his role exceeds $6.87 million annually—placing a heavy burden on Australian taxpayers. A detailed analysis by the Institute of
Grief and anger grow as defence suicide toll rises and government delays reform
Nearly 70 Australian Defence Force (ADF) personnel have taken their own lives since the release of the Royal Commission into Defence and Veteran Suicide’s final report — a tragic continuation of the crisis the inquiry
National Child Safety checks under scrutiny after shocking allegations at early learning centre
Australia, July 20, 2025 —Serious concerns have emerged over the effectiveness of Australia’s child safety screening systems following the arrest of a childcare worker facing dozens of criminal charges involving the abuse of minors. The
Former CBA executive Christopher James McCann’s final days after Child Procurement charge
Christopher James McCann, a former senior executive at the Commonwealth Bank of Australia (CBA), was found dead just 48 hours after being charged with attempting to procure an underage girl for a sexual act. The
“Viral video of ‘Muslims surrounding Melbourne Cathedral’ is completely misleading and inaccurate”
In a digital age where misinformation spreads like wildfire, a viral video featuring Muslims gathered outside Melbourne’s St Patrick’s Cathedral has gained significant attention. Viewed millions of times across social media platforms, the video portrays
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
VirtualDIVER: Innovative platform for underwater experience around Santorini
The innovative platform VirtualDIVER for virtual underwater experiences targeting the cultural and tourism industries has been developed in cooperation of Greek academics and private companies. VirtualDIVER will allow people to “travel” and “explore” the magical
Athens unveils its first electric bus
An electric bus built by Chinese automobile manufacturer BYD, which is silent and boasts of having no environmental footprint whatsoever, was presented for the first time in Athens on Tuesday. The BYD bus is 100%
Increase of households with Greek flag on their balconies
An impressive increase of households with the Greek flag on thier balcony has been recorded after the signing of the Prespes Agreement between Greece and North Macedonia and its adoption by the Parliament. This is
Mr. Tsipras’ twists and turns
Those who have closely followed the evolution of SYRIZA and Alexis Tsipras since they rose to power are aware of their constant Ovidian metamorphoses over many years. SYRIZA started off in 2008 as a basically
How the Aphrodite of Milos statue shaped the Western idea of female beauty
The statue of Aphrodite of Milos, which was discovered on April 8, 1820, changed western culture in the 19th century, creating a certain ambivalence about the idea of female beauty. Aphrodite – the goddess of
Sitia under water after torrential rains strike East Crete
Homes and businesses flooded, agricultural land was covered by water and mud and the city of Sitia in Lasithi Prefecture on the island of Crete turned into a huge lake following huge volume of rainwater
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
