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
Rafael Pagonis: A rising star in the future of tennis
Rafael Pagkonis is making waves in tennis, promising a bright future. Rafael Pagkonis has caught the attention of the Greek community by reaching the final of Wimbledon U14 on Sunday. Although he was defeated, his
Diplomatic sources: “The Libyan note verbale has no legal effect”
Greece has rejected the note verbale issued by the Libyan Permanent Mission to the UN on May 27, 2025, which concerns Greece’s initiatives to exercise sovereign rights in the Eastern Mediterranean. According to diplomatic sources,
Libya’s new maritime claims spark diplomatic tensions with Greece and Egypt
Libya has recently made a significant move in its maritime territorial claims by submitting a formal note to the United Nations on May 27, 2025, outlining the external limits of its continental shelf in the
Mitsotakis to meet EU Energy Commissioner Jørgensen amid regional development tour
Prime Minister Kyriakos Mitsotakis is set to meet with European Commissioner for Energy and Housing, Dan Jørgensen, today, at 13:00 at the Maximou Mansion. This meeting comes at a time when Greece is navigating complex
Greece navigates diplomatic minefield in Libya: Gerapetritis’ second visit tests Athens’ strategy
Greek Foreign Minister Giorgos Gerapetritis’ second visit to Tripoli highlighted both the persistence of geopolitical challenges in Libya and Athens’ continued efforts to open up meaningful diplomatic dialogue. While Libyan officials, including Foreign Minister Taher
Plevris confirms permanent closed migrant facility in Crete, enforces tough measures
Migration crisis and government response Greek Migration Minister Thanos Plevris has confirmed plans for at least one permanent closed identification facility for migrants and asylum seekers on Crete. This decision is a reaction to rising
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
Turkey, a global problem
Turkey has once again escaped the consequences of its actions, this time in Nagorno-Karabakh. It is probably today in the crosshairs of the Pentagon, which wishes to destroy it like all the other states in
British holidaymakers ‘to be given free coronavirus tests to take abroad’
UK travellers will reportedly be issued free coronavirus tests to take abroad under plans to make foreign holidays safer. Fast-turnaround tests will be made available for free to cut the hassle and expense of getting
‘Signal to the world’: Singapore ready and waiting for Australian travel bubble
Singapore’s so-called “Cruises to Nowhere” have been a big hit since being given the green light last November, with more than 120,000 passengers. “They’ve made something that sounds tacky actually quite fun and enjoyable,” said
Flights between India and Australia suspended until May 15
Flights to and from India into Australia have now been suspended, amid increasing concerns over the nation’s escalating COVID-19 situation. Flights to and from India into Australia have now been suspended, Scott Morrison has announced,
Greek passport eighth most powerful in the world
Due to the enormous ramifications of the global pandemic on travel worldwide, the gap in citizens’ freedom to travel anywhere they wish is the largest in decades, and how the vaccine rollout goes will foretell
U.S. says Turkey violated international law, NATO commitments in Mediterranean
Turkey broke international law and its NATO commitments in the eastern Mediterranean during a dispute with Greece last year over territory, U.S. Secretary of State Antony Blinken said. Bilateral disputes should be settled peacefully and
