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
EU Prosecutor slams Greek intimidation in farm fraud probe
European Chief Prosecutor Laura Kövesi has vowed to press ahead with a major investigation into alleged fraud involving the EU’s substantial agricultural budget in Greece. The EU Prosecutor slams Greek intimidation in farm fraud probe
Encroachment by acquisition: Strategic alarm over property purchases in Thrace
Amid rising geopolitical tensions and demographic shifts in Southeast Europe, a growing wave of property acquisitions by Turkish and Bulgarian nationals in Northern Greece, especially in the Evros border region, is raising strategic alarm. This
Samaras’ Party For Greece to launch on June 30th
The political return of Antonis Samaras, rumoured to launch the party For Greece on 30 June 2025, is more than an act of personal revival. Samaras’ Party for Greece to launch on June 30th could
See the Parthenon as the ancients did in Glorious 3D
A pioneering researcher has digitally resurrected the Parthenon’s long-lost interior, revealing it as a space not of radiant sunlight, as once believed, but of strategic shadows designed to inspire awe—and even reverence. See the Parthenon
Eurovision 2025: Klavdia’s “Asteromata” secures Greece a spot in the grand final
Greece has officially qualified for the Grand Final of the Eurovision Song Contest 2025 with Klavdia and her captivating performance of the song “Asteromata” (which translates as “Starry Eyes”). Eurovision 2025: Klavdia’s “Asteromata” secures Greece
Maria Karystianou shocks the European Parliament, there’s no rule of law in Greece
New Democracy has paid people to assassinate the characters of victims’ relatives and smear anyone who dares to speak out.” At the event titled “Journalism on Trial”, held at the European Parliament, Maria Karystianou delivered
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
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) and
The impending conflict between NATO allies: Greece and Turkey
The relations between Turkey and Greece have never been normal. The legacy of Mongol Turkish conquest of Greece in the fifteenth-century poisons all connections between Turks and Greeks. The Greeks remember their Turkish oppressors like
