The European Central Bank could play a bigger role in fighting the euro zone sovereign debt crisis through more rate cuts, bond purchases and further liquidity provision.

The percentage of new borrowers choosing variable rate home loans rose in June for the third consecutive month as rate cuts hit home.

Victorian premier Ted Baillieu announced the opening of a new Costco supermarket to open in Ringwood next year.

Multicultural media organisations and their journalists will be recognised for their contribution to their respective communities at an awards event in September this year.

Britain will be getting its first Greek Orthodox secondary school in September 2013.

Sophie Mirabella slams the government over instability of policy causing a crisis in Australian industry.

The western port of Patra was declared to be in a state of emergency as a wildfire stoked by high temperatures and strong winds raged on three fronts.

Leaders agree on ‘general direction’ for 11.5 bln euros in savings for 2013-14, no more cuts this year.

A medical practice in NSW that charges smokers $10 extra to see a GP have been criticised for discriminating against those that need the care the most.

Call to relax immigration laws.