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
Ruling ND still in ‘honeymoon period’, latest poll shows; 13.5%-point lead over main opposition SYRIZA
Ruling New Democracy (ND) continues what is apparently a “honeymoon period” after the July 7 election, with one of the first opinion polls of the new autumn season showing the center-right party with a 13.5-percentage
Chemotherapy treatment “postponed” in big Athens hospital due to lack of funds
Cancer patients undergoing chemotherapy in Attiko Hospital in Athens were shocked to be informed that their treatment is postponed on indefinite time. The patients were informed by phone last Thursday. Hospital workers’ President and doctor
Parthenon Marbles: Tough words by the Greek President to British Museum
Tough words by the Greek President, Prokopis Pavlopoulos, towards the British Museum on the thorny issue of the Parthenon Marbles. “The British Museum’s obsession is tantamount to supporting Elgin’s cultural grave robbing and theft. And,
Police cracks down gang bringing weapons, ammunition from Albania to Crete
Greek police as cracked down a criminal gang that was bringing Kalasnikov weapons and ammunition from Albania to the island of Crete. A big scale operation conducted by the Police Departments of Chania, Crete, and
Large percentage of Greek High School students graduate lacking essential life skills
Many Greek high schools students graduate practically illiterate in regards to basic life skills, much less skills that would place them in the job market, according to a new report by the Authority for Quality Assurance
Tsipras: “We made mistakes but we took the country forwards”
“We are still here, after four-and-a-half years of struggle, the struggle to keep Greece standing upright,” is how main opposition party SYRIZA leader Alexis Tsipras started his speech at the 84th Thessaloniki International Fair on
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
EU Commissioner Johannes Hahn: Call on North Macedonia to respect the Prespa Agreement
In an appeal to the new government of North Macedonia and relevant stakeholders, European Union Commissioner Johannes Hahn stressed the importance of respecting the Prespa Agreement. Speaking to journalists in Brussels, he expressed concern about
Hamas accepts UN Security Council decision for ceasefire
Hamas has accepted the UN Security Council’s decision for a ceasefire in the Gaza war, Sami Abu Zuhri, a member of the Islamic organisation, told Reuters. Hamas is ready to negotiate the details of the
The European Parliament elections indicate a patriotic surge for right-wing parties
The European Parliament election outcomes reveal a significant surge in the favorability of right-wing parties: 🇫🇷 Marine Le Pen’s National Rally garnered 32-33% of the votes in France, leaving Macron’s Renaissance party trailing far behind
Mitzkoski: “I will call my country Macedonia”
VMRO-DPMNE leader and future Prime Minister of North Macedonia, Christian Mitzkoski, has said that while the constitutional name of the country (North Macedonia) will be used in official communications by state institutions, he will continue
NATO ally Turkey signals interest in BRICS membership
Ankara’s strategic maneuvering takes a significant turn as Turkish Foreign Minister Hakan Fidan declares the nation’s intent to engage with the BRICS group of nations. This bold move, slated for discussion at an imminent meeting
Unexpected Turkish support for the Parthenon Marbles from UNESCO
At the 24th session of UNESCO’s Intergovernmental Committee for the Return of Cultural Objects to their Countries of Origin (ICPRCP), Turkey’s representative caused a surprise by undermining one of Britain’s main arguments for possession of
