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
Lending for new homes remains at 20 year lows
“Despite a rise in the number of loans for the construction and purchase of new homes in September, they remain around their lowest levels for the past two decades,” stated Tom Devitt, Housing Industry Association
Extreme weather is leading to more injury hospitalisations, with heat being the main cause
The number of hospital admissions for injuries associated with extreme weather – such as heatwaves, bushfires and storms – has increased over the past decade, according to a new report by the Australian Institute of
Victorian Premier Dan Andrews resigns
Premier Andrews has resigned abruptly, stepping down from his role effective 5 pm Wednesday. Having recently surpassed John Cain Jr. as the longest-serving Labor Premier in Victoria’s history in April 2023, Andrews’ decision was celebrated
America’s “unique” relationship with Australia?
The enthusiasm of the members of Albanese’s staff seems to have run away with them. They declared that ‘the Australian-United States relationship is unique in scale, scope and significance reflecting more than 100 years of
A rethink of Australia’s national security
Sam Roggeveen’s basic storyline in The Echidna Strategy – that the China threat is grossly exaggerated, and that Australia should not, and need not, rely on America for our security protection – is causing predictable
Are earthquakes becoming more common in Melbourne?
Approximately 7,000 Victorians were alarmed by tremors at about 1:32am this morning as a magnitude 4.6 earthquake hit 127km east of Melbourne, near Rawson. Victoria has been hit by several quakes recently, including three in
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
More than 300,000 ancient treasures unearthed during metro digging in Thessaloniki
Metro digging in Thessaloniki, Northern Greece, has unearthed an extraordinary treasure trove of more than 300,000 ancient artefacts, from gold wreaths and rings to statues of the goddess Aphrodite. The construction of a metro network
Ancient Greek migrants built the famous Stonehenge, DNA reveals
Britons who built the famous Stonehenge were product of ancient wave of migrant farmers, that is of Greeks from Asia Minor, DNA tests have revealed. Ancient skeletons have revealed that the arrival of population from
First two PPC orders for LNG approved for July
State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.
Bill protecting unlicensed buildings on beaches revised
A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was
Two Germans sentenced for taking down the Greek Flag and raising a German flag on Crete
Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident
Turkey threatens to install S-400 near Greece and Cyprus
Despite warnings from the international community and particularly the United States, Turkey is determined to proceed with the purchase of the Russian missiles defense system S-400. And not only that. Ankara is threatening its neighbour
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
Druze forces regain control of Suwayda amid ongoing clashes in Southern Syria
Druze fighters have regained control of the city of Suwayda in southern Syria following a week of violent clashes with Bedouin groups and allied tribal forces. Despite the announcement of a ceasefire by Syrian authorities,
Terror outside LA nightclub: Driver hits crowd, gets shot by bystanders — 30 injured, 7 critical
A horrific scene unfolded in the heart of Los Angeles early Saturday morning, when a vehicle plowed into a crowd outside a popular nightclub, leaving 30 people injured — seven of them critically. According to
Kimberly Guilfoyle: Legitimate concerns over Turkish provocations against Greece and F-35 reservations
The clock is ticking for Kimberly Guilfoyle as she prepares to officially assume her post as the next U.S. ambassador to Greece. Just a few days ago, Guilfoyle appeared before the U.S. Senate Foreign Relations
Company launches Investigation after Kiss Cam scandal
The company Astronomer has officially launched an internal investigation following the scandal involving an alleged illicit “corporate” couple on the Kiss Cam during a Coldplay concert. The potential extramarital affair between the company’s CEO, Andy
Australia sends first batch of M1A1 Abrams Tanks to Ukraine in $245 million military support package
Australia has officially delivered the first tranche of M1A1 Abrams main battle tanks to Ukraine, marking a major milestone in its ongoing support of the war-torn country’s defense against Russia’s invasion. The shipment, valued at
Trump faces backlash from MAGA base over Epstein Files controversy
Washington, D.C. – President Donald Trump is facing growing political danger from his own MAGA base after dismissing calls to release further documents relating to deceased sex offender Jeffrey Epstein. In what analysts are calling
