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
Micro-brewery sector in Greece surging on back of global beer trend
A burgeoning presence but limited profits are, in general terms, the main characteristics of the micro-brewing sector in Greece so far, although forecasts continue to be very bright – as Greek consumers are following a
Five suitors in next phase of IGB pipeline tender
Five consortia have been approved for the next phase of an international tender to build the Greece – Bulgaria (IGB) gas inter-connector pipeline between the Greek and Bulgarian natural gas grids, a project worth 145
Paralysis
With less than one month to go before the European Parliament election, the difficult situation in which Prime Minister Alexis finds himself is constantly worsening. With the cards stacked against them, none of the initiatives
Ancient Greek shipwreck now open to divers
A remarkably preserved shipwreck on the northern coast of the Greek island Aloneissos has become a remarkable new underwater museum. The ship has played a major role in the way archeologists understand the art of
50% of waste in Greece’s seas consists of plastic bags & bottles, aluminum cans
Fifty percent of waste found into Greek seas are plastic bags, plastic bottles and aluminum cans for beer and soft drinks, Professor Giorgos Papatheodorou of the Marine Geology and Natural Oceanography Laboratory at Patras University
Speculation of price hikes for Greeks’ beloved souvlaki/gyros causes outcry, social media frenzy
The recent international rally in meat prices, emanating from the devastating effects of African swine fever disease in China – the world’s biggest producer and consumer of pork – has touched a “raw nerve” in
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
What exactly is a ceasefire, and why is it so difficult to agree on one in Gaza?
Marika Sosnowski – via The Conversation Barely a week after Hamas’ attack on Israeli soldiers and civilians on October 7 and the subsequent airstrikes by the Israeli Defence Force on the Gaza Strip, talk of
Jihad against Hindu people, India and its resistance
But little is known about the Jihad against Hindu people, India, and its resistance. India’s contributions to the modern world in fields such as mathematics, geometry, grammar, architecture, astronomy, logic, and many others are well
Legends Untold, an epic game on Achilles launches today
Dark Point Games is proud to announce that the 1.0 version of Achilles: Legends Untold, an epic game on Achilles launched today The central character of the Iliad, the brightest star in the sky, or
Biden fails to explain why the U.S. should fight a proxy war against Russia
Biden fails to explain why the U.S. should fight a proxy war in Ukraine. Three weeks ago, in the aftermath of Congress’ failure to include Ukraine money in the stopgap budget bill, he declared, “I
World – Gaza: Retired U.S. Army colonel “American and Israeli special forces shot to pieces”.
Unconfirmed reports Retired, U.S. Army colonel, Douglas McGregor states “over the past 24 hours or so, American and Israeli special forces went to the Gaza Strip to conduct surveillance and determine possible ways to free
Turkey is ready to play a guarantor role. In this role, Turkey illegally occupies 37% of Cyprus
“In a potential agreement, Turkey is ready to play a guarantor role…” says Hakan Fidan. But who can trust Turkey? Ask the Cypriots. Under the so-called guarantee Turkey illegally occupies 37% of Cyprus since 1974
