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
Athens marks liberation from the Nazis with ceremony on the Acropolis
In a ceremony marking the 75th anniversary since Athens was liberated from German occupation on October 12, 1944, the Greek flag was raised on the Acropolis on Saturday. The event was addressed by the government’s
Archives, possible throne room discovered in ancient Palace on Crete
The Greek Ministry of Culture announced on Thursday that a new storage room for valuables in Zominthos Palace, on the plateau of Mount Psiloritis on Crete, was discovered at the sprawling site during this year’s excavation season.
Greek gov’t measures for workers, businesses affected by Thomas Cook collapse
The Greek government announced on Saturday a series of measures for tourist businesses and workers affected by the collapse of British Thomas Cook. The measures were announced after a meeting of representatives from the Finance,
Turkey furious as Greece, Cyprus and Egypt “condemn its unlawful actions”
Turkey fumes over a joint statement issued by Greece, Cyprus and Egypt. In an angry statement, the Turkish Foreign Ministry described as “baseless claims” the trilateral statement that, among others, condemned “Turkey’s unlawful actions in
Greek teen’s art installation spotlights our addiction to plastic
Young people around the world are joining forces and making an effort to combat the climate crisis and biodiversity loss. The international movement Fridays for future climate strikes have inspired students around the globe to
Moody’s: Thomas Cook liquidation is “credit negative” for Greek, Cypriot banks
The collapse of British tour operator Thomas Cook is “credit negative” for Greek and Cypriot banks, because it reduces the cash flow of businesses in the tourism sectors of these countries, ratings agency Moody’s said
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
The UK financial system is facing a major crisis
The UK financial system is facing a major crisis this week. What’s causing it? Short Recently, UK government-issued bonds have been getting dumped en masse, flooding the market and tanking their value. Why is this
The U.S. Is winning its war on Europe’s industries and people
JUST IN – German economy deteriorated significantly in September. IFO business climate index continues to fall. On February 7 Professor of Economics Michael Hudson explained why America’s Real Adversaries Are Its European and Other Allies:
Halt Erdogan’s Aggression: Apply Section 907 to Turkey
Ιn 1992, shortly after the Soviet Union’s collapse, the U.S. Congress passed the Freedom Support Act to support open markets and coordinate assistance for the successor states of the Soviet Union. Against the backdrop of
NASA successfully launches its first rocket from newly created Arnhem Space Centre
Source: ABCnews NASA has successfully launched its first rocket from Australian soil in more than a quarter of a century. After rain and wind delayed the launch by more than an hour, the suborbital sounding rocket took
5 steps to help you recover after identity theft
Source: techradar ID fraud occurs quickly and almost always without warning. It can take months to recover from normal circumstances, so knowing what is required to expedite the process is essential. If your identity has
Pope Admits NATO “Likely” Provoked Putin’s Invasion: “Barking At The Gates Of Russia”
Pope Francis has said that he’s ready to meet President Vladimir Putin in Moscow in hopes of brokering an end to the war in Ukraine, according to the Vatican news agencies. He said in an interview published Tuesday
