Australia’s productivity collapses to zero amid weak investment and population surge
Australia’s labour productivity has effectively stalled, with new analysis showing growth has collapsed to zero, placing the country near the bottom of advanced economies since the COVID-19 pandemic. According to an OECD assessment cited in
AMA welcomes sickly sweet sugar tax calls
Australia should introduce a tax on sugary drinks to help combat obesity and diabetes according to the Australian Medical Association, in a call backed by a new report from the Grattan Institute. AMA President Professor
What just happened to Bonza? Why new budget airlines always struggle in Australia
The history of budget jet airlines in Australia is a long road littered with broken dreams. New entrants have consistently struggled to get a foothold. Low-cost carrier Bonza has just become the industry’s latest casualty,
Australia’s universities ranked 4th as a study destination
The high cost of living and tuition fees in Australia led the country to lose the top spot in the university rankings it shared with Canada, while uncertainty over government immigration policy contributed to that
Housing prices at record new highs
House prices across the country have reached new highs, exacerbating the cost-of-living crisis for ordinary Australians. According to PropTrack’s monthly house price index released on Tuesday, national house prices rose by 0.23% in April to
Australia’s thrilling dawn services and marches honour the Anzacs
Australians came together in a moving show of remembrance, defying the chill of the early morning to join dawn services nationwide, honoring the brave souls who served both at home and abroad. Australia’s thrilling dawn
Australia’s defence strategy focuses on the Pacific
Australia has unveiled its national defence strategy, with a particular focus on the Pacific to counter China’s “coercive tactics”. The 80-page document paints a bleak picture of security in the Pacific and calls for a
PULS missile system paves the way for Greece’s “Achilles Shield” as defence cooperation with Israel and UAE deepens
Greece is moving decisively to strengthen its military deterrence, following parliamentary approval for the acquisition of the Israeli-made PULS multiple rocket launcher system, a key component of the country’s planned multi-layered air and missile defence architecture known as the “Achilles Shield”. The Special Standing Committee on Armaments Programs of the
EU prepares sanctions as Turkey presses on with drilling off Cyprus coast
The EU has agreed to bring financial and political sanctions against Turkey after repeat warnings over the past weeks. European Union officials on Mon-day agreed political and financial sanctions against Turkey after Ankara went ahead
Mitsotakis unveils reform-heavy, pro-market policy statements in Parliament address
New Greek Prime Minister Kyriakos Mitsotakis referred to practically every reform promised by him and his conservative New Democracy (ND) party over the past four years – and then some – expressing a pro-market, meritocracy-based
Exquisite ancient statuettes of Apollo, Artemis unveiled for first time in Chania next week
A pair of small statuettes, depicting mythical Apollo and his twin sister, Artemis, will be presented on Today at the archaeological museum in the west Cretan city of Chania (Hania), the product of excavations at
Athens municipality: Most quake-damaged buildings are abandoned structures
The city of Athens, the biggest municipality in the greater Athens agglomeration, so far announced that 15 buildings in its boundaries were significantly damaged from the 5.1 on the Richter scale earthquake that struck the
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
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 Union of suppressing free speech, manipulating democratic processes, enforcing double standards on energy policy, and
Saudi Crown Prince Mohammed bin Salman pledges $1 trillion investment to Trump, open to recognizing Israel
Saudi Arabia’s de facto ruler and Crown Prince, Mohammed bin Salman, met with U.S. President Donald Trump at the White House on Tuesday, promising investments worth $1 trillion in the United States. The unprecedented pledge
Hamas rejects UN Security Council approval of Trump plan for Gaza Force
The Palestinian Islamist group Hamas has rejected a United Nations Security Council decision endorsing a plan by former U.S. President Donald Trump, arguing that it violates Palestinian rights and imposes international trusteeship over the Gaza
Netanyahu condemns West Bank settler violence: “A handful of extremists do not represent us”
Israeli Prime Minister Benjamin Netanyahu has strongly condemned recent violence carried out by a “handful of extremists” among settlers in the occupied West Bank, stressing that they do not represent the broader settler community. The
Greece’s early loan repayment brings unexpected benefit to France, says Le Monde
Greece’s decision to repay early a €1.1 billion loan to France has been described as an “unexpected benefit” for French public finances, according to the French newspaper Le Monde. The loan, originally contracted in the
Europe on high alert: Poland enters pre-war phase as Germany warns of potential conflict with Russia
Europe faces rising tensions as senior military and political officials warn of the increasing likelihood of conflict with Russia. After Germany’s stark warning last week, Poland has now declared a state of heightened alert. Polish
Albanese issues ultimatum to Turkey over hosting COP31 Climate Talks
Prime Minister Anthony Albanese has drawn a firm line in ongoing negotiations with Turkey over the hosting of next year’s United Nations Climate Change Conference (COP31), ruling out any possibility of co-hosting the event. Speaking
