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
SOS for Israeli targets in Greece
Alert from Foreign Intelligence Services to Greek Authorities Foreign intelligence services have reportedly issued a warning to Greek authorities about a potential attempt to target Israeli interests in Greece. The National Intelligence Service (EYP) and
The Olympics opening ceremony epitomized decadence, division, and chaos
Maria Denaxa who is a Performance Marketing Specialist at Generation Y and a Journalist commenting on the Opening Ceremony says It was a hymn to the decadence, division, and chaos that is being pursued globally
Turkey claims they granted “permission” in the Kasos incident
The Turkish side insists on its claim that, after behind-the-scenes diplomatic negotiations among Athens, Rome, and Ankara, it granted “permission” (!) to the Italian research vessel to complete its investigations south of Kasos – Karpathos.
The “portfolio bargain” in Brussels: Which positions are claimed by Greece
An intense negotiation is underway in Brussels over the distribution of the European Commission’s portfolios following the re-election of Ursula von der Leyen. Greece is interested and likely to claim one of five specific portfolios.
50 years since the fall of the dictatorship and the restoration of Democracy in Greece
It was July 24, 1974, when the military handed over power to the politicians, after the collapse of the seven-year dictatorship, under the weight of the Turkish invasion of Cyprus… On 23 July 1974, the
Ankara provokes tension in Kassos with five Turkish warships
Ankara is causing tension near Greek territorial waters in Kassos with the presence of five Turkish warships, due to investigations by the Italian ship “Ievoli Relume” for the installation of submarine cables connecting Crete to
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
Florida reports four deaths linked to flesh-eating bacteria in coastal waters
Health authorities in Florida have confirmed that four people have died this year due to infection with Vibrio vulnificus, a rare but highly dangerous flesh-eating bacterium found in warm, brackish coastal waters. According to the
EU adopts 18th sanctions package against Russia, targeting oil exports
The European Union has officially adopted its 18th sanctions package against Russia, further intensifying its economic pressure in response to Moscow’s ongoing war in Ukraine. According to diplomatic sources in Brussels, the new measures include
Libya’s UN submission is a proxy attack on Greece’s maritime sovereignty
Point 1 as a Strategic Choice According to the submitted list of coordinates, the northern boundary of the Libyan continental shelf begins (east to west) with points B and A, which form the eastern and
The geopolitical context of Albanese’s China visit
Prime Minister Albanese and I have a few things in common. We were both born on 2 March, and we have both been in car accidents, and as I write this, we are both in
Four killed in new Israeli airstrikes on Southern Lebanon
Beirut/Tribal Border – At least four people were killed yesterday in southern Lebanon amid fresh Israeli airstrikes targeting Hezbollah positions, according to the Lebanese Ministry of Health. The strikes mark a concerning breakdown in the
Christodoulides-Fidan one-on-one after the dinner of the five powers on Cyprus
Cyprus President Nikos Christodoulides and Turkish Foreign Minister Hakan Fidan held a brief meeting after the dinner hosted by UN Secretary-General Antonio Guterres at the United Nations headquarters. The dinner was attended by the Turkish
