IMF warns: Australia heading towards inflation crisis
The International Monetary Fund (IMF) has warned that Australia is on track to record one of the highest inflation rates among developed economies. In its latest World Economic Outlook, the global lender said economies worldwide
Economic crisis in Australia: Millions of Australians have less than $1000 in savings
A recent Finder survey has highlighted a worrying problem in Australian society: almost half of Australians have less than $1000 in savings. This equates to 9.4 million people, with the average amount available to save
Rescue in Melbourne: students rescued from burning boat
Dozens of students were rescued from a burning boat in Melbourne’s Port Phillip Bay this morning. The serious situation forced the boat’s crew to call for help and spring into action to save the occupants.
Record number of migrants in January
The influx of migrants to Australia hit a record number in January, despite the Albanese government’s plan to slow the wave of new arrivals, leading to what legendary businessman Dick Smith called a “disaster for
RBA keeps cash rate at 4.35%
The cash rate will remain at 4.35% following the Reserve Bank of Australia’s (RBA) March monetary policy meeting. The decision was largely expected, as the latest Australian Bureau of Statistics data showed annual trimmed mean
$216 Billion: The cost of Victoria’s Suburban Rail Loop
The cost of building and operating the Allan Government’s new underground rail loop through Melbourne’s city centre, which will take five decades to build, has soared to $216 billion, according to an independent study. Estimates
Using Super for home deposits would inflate property prices by $75,000, study claims
A recent study suggests that a Coalition proposal allowing first-time homeowners to use their super for a house deposit could lead to a significant surge in prices, potentially raising property values by nearly $75,000 across
Turkey cries foul as Greece boosts Aegean firepower
Greece has taken a significant step forward with its new defence agreement with Israel. The government in Athens has decided to strengthen its arsenal by acquiring PULS multiple-launch rocket systems, with a range of between 35 and 300 kilometres. Following approval by the Greek Parliament, the agreement was signed and
Tears at the Mati victims memorial service one year after deadly fires
Citizen Protection Minister Michalis Chrysochoidis attended the memorial service held on Sunday in memory of the 102 victims of the deadly fire in Mati a year ago. “I can assure you that such a tragedy
PM Mitsotakis announces generous tax cuts incl. properties ENFIA
Prime Minister Kyriakos Mitsotakis has set as his top priority to implement his pre-election program and proceed with taxation cuts as soon as possible. In his policy statement late on Saturday, he announced several tax
PIPES: Kastelorizo: Mediterranean flash point
That Athens controls this wisp of land implies it could (but does not yet) claim an exclusive economic zone (EEZ) in the Mediterranean Sea extending 200 nautical miles to Kastelorizo. This would reduce the Turkish
EU agrees to sanction turkey for drilling in Cypriot water
A surprisingly muscular response beyond mere threatening rhetoric out of the European Union over Turkey’s violations of Cypriot territorial waters related to offshore drilling operations: the EU has agreed to bring financial and political sanctions
Archaeology Piece of skull found in Greece ‘is oldest human fossil outside Africa’
A broken skull chiselled from a lump of rock in a cave in Greece is the oldest modern human fossil ever found outside Africa, researchers claim. The partial skull was discovered in the Apidima cave
Athens-Piraeus again in ‘top 10’ in terms of global shipping hubs
The Athens-Piraeus area has returned to the world’s top 10 shipping hubs, according to a recent study by Baltic Exchange. The Greek capital bumped Korea’s Pusan from the “top 10” list, while Singapore remained first,
Orbán’s masterstroke leaves Brussels in checkmate
In a display of political manoeuvring so bold it borders on the theatrical, Viktor Orbán appeared to recognise early that the European Union, George Soros, Barack Obama and the wider globalist establishment were aligned against him. With little credible left-wing opposition remaining in Hungary — none surpassing the modest 5
British man accused of drugging and raping wife over 13 years alongside five accomplices
A 49-year-old British man has been charged with systematically drugging and raping his former wife over more than a decade, alongside five other men, according to Wiltshire Police. The six men face over 60 charges
Libyan military chief killed in Falcon 50 jet crash in Ankara
A private Falcon 50 jet crashed near Ankara on Tuesday evening, killing all five people on board, including Libya’s Chief of the General Staff, General Mohamed Ali Ahmed Al-Haddad. The aircraft had departed from Ankara
Mitsotakis meets Abbas in Ramallah: Greece supports peace in Gaza
Greek Prime Minister Kyriakos Mitsotakis met with Palestinian Authority President Mahmoud Abbas on Monday in Ramallah, ahead of his visit to Jerusalem and participation in the Greece–Cyprus–Israel trilateral summit. Support for the Palestinian Authority and
Trilateral Summit sends clear message to Ankara: “Do not even think of reviving empires”
A strong geopolitical message was sent from Jerusalem on Monday following the completion of the 10th Trilateral Summit between Greece, Cyprus, and Israel, as Prime Minister Benjamin Netanyahu issued a pointed warning to those “who
Israeli Foreign Minister urges Jews to move to Israel amid rising antisemitism in the West
Israeli Foreign Minister Gideon Saar has urged Jews living in Western countries to relocate to Israel, warning that antisemitism is on the rise across Europe, North America and Australia. Speaking on Sunday during a public
Robert Fico confronts Brussels, claiming EU has abandoned democracy
Slovak Prime Minister Robert Fico has crossed a line Brussels hoped no European leader would openly cross — and he has done so publicly. In a sweeping and highly confrontational statement, Fico accused the European
