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
Cyprus: Mass migration leads to demographic replacement
The Republic of Cyprus, whose population is approximately 1.2 million, is struggling with a significant mass migration crisis that is gradually leading to the demographic replacement of the island’s native population. Since at least 2016,
Drilling rigs go to work on the deposits of Crete
Indications of the existence of the largest natural gas deposit in the Mediterranean, with a size of 30 trillion cubic feet – Interest from energy giant Chevron to get involved in the project – Countdown
Allegations of coverup, evidence overlooked in Tembi train tragedy probe
ATHENS – A year after a head-on train collision killed 57 people, an investigation into the causes has lagged and seen relatives of victims complaining about evidence being overlooked and media reports of a cover-up.
Has PM Mitsotakis’s same-sex marriage decision backfired?
If gay marriage and the adoption of children by such couples was a political gambit by Prime Minister Kyriakos Mitsotakis to entertain the country’s forthcoming first-ever condemnation by the European Parliament for the rule of
Greece’s gateway to Asia, India’s gateway to Europe
The state visit by Greek Prime Minister Kyriakos Mitsotakis to New Delhi (February 21-22) will be another important step in building a strategic relationship between India and Greece — a process which began with the
Greece is a big fan of radio!
Greece has the third largest number of radio stations in the EU The European Union, known for its cultural diversity and rich mix of cultures, reflects this diversity in the world of radio broadcasting. According
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
Six Secret Service agents punished over Trump assassination attempt failures
Six U.S. Secret Service agents have been disciplined over serious security failures during the July 13, 2024, assassination attempt on Donald Trump at a campaign rally in Butler, Pennsylvania. The agents, whose identities were not
Orthodox mission in Fiji, faith beneath the southern cross
Before the sun lifts its golden veil over Vanua Levu, as the matangi—a soft morning breeze—stirs the banana trees and cassava leaves, a single flame flickers before an icon of Christ. In the stillness of
Australia may face higher AUKUS costs and pressure to join US-China conflict
Australia’s nuclear submarine deal under AUKUS could become more costly and politically fraught, as the US Department of Defence reviews the trilateral agreement under President Donald Trump’s “America First” agenda. A report from The Age
Son of Haftar visits Greek community in Libya – ‘We are not targeting Greece’
In a symbolic gesture amid rising diplomatic tensions, Al Sadiq Haftar, son of eastern Libyan commander Khalifa Haftar, paid a surprise visit to the president of the Greek community in Benghazi, Kanakis Mandalios. The visit
Trump’s tariff threat sparks alarm in Canberra over pharmaceutical exports
The Albanese government is scrambling to respond to a fresh trade threat from US President Donald Trump, who has floated a staggering 200 per cent tariff on pharmaceutical imports and a 50 per cent tariff
Yemen: Another Greek-owned ship attacked by Houthis – two injured, two missing
Another Greek-owned vessel sailing off the coast of Yemen has come under attack by Houthi militants, just a day after their assault on a Liberia-flagged cargo ship also managed by a Greek company. According to
