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
Melbourne and Sydney record surge in population
Both Melbourne and Sydney have seen a surge in population growth, according to new data from the Australian Bureau of Statistics (ABS). The biggest increase was seen in Melbourne, which jumped by 167,500 people in
Inflation holds steady at 3.4 per cent
Inflation has held stable at 3.4 per cent for the third month in a row, according to figures from the Australian Bureau of Statistics. Inflation in the 12 months to February was driven by increases
One in 20 mortgage holders spend more than they earn, says new RBA report
A new Reserve Bank report reveals a worrying trend in Australia, with one in 20 mortgage holders spending more money than they earn. What’s more, tens of thousands of households are at risk of running
Easter trading hours 2024: What major stores will be opened on Good Friday and Easter Saturday, Sunday and Monday?
Easter is upon us again and that means a whole heap of confusion with stores across the country either open, shut or operating at different hours. To make things easier for you around the busy
Measles outbreak in Melbourne’s south-east: Residents advised to be on alert
A case of measles in Melbourne’s south-east has prompted local health authorities to alert residents. The patient, a returning traveler to the area, had visited 18 locations in the area between 14 and 19 March
Hundreds of cannabis plants seized in Melbourne’s north
A major cannabis plant seizure has taken place in Melbourne’s northern suburbs as police raided a factory that was operating a sophisticated cannabis cultivation facility. Specifically, police discovered and seized more than 500 cannabis plants
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
“Kimon” to arrive soon in Phaleron Bay – Greece receives first Belharra frigate
In a landmark announcement, Greece’s Defence Minister Nikos Dendias confirmed that the country’s first Belharra-class frigate, named Kimon, will arrive in Phaleron Bay within the coming weeks. The vessel marks a decisive step in modernising
Strengthened dialogue between State and Church in Mitsotakis – Ieronymos meeting
The meeting held on Monday morning (8/9) between Prime Minister Kyriakos Mitsotakis and Archbishop of Athens and All Greece Ieronymos, at the Maximou Mansion, once again highlighted the close cooperation between the State and the
Earthquake of magnitude 5.2 strikes Evia, felt strongly in Athens
A powerful earthquake measuring 5.2 on the Richter scale shook the island of Evia at 12:27 a.m. yesterday, local time, sending tremors across Attica and particularly the northern suburbs of Athens. According to the Geodynamic
New audio reveals 2nd conversation between Panos Kammenos and alleged Cretan Mafia leader – Mentions Trump and Surveillance
Shocking new details have emerged regarding former Defense Minister Panos Kammenos’s interactions with the alleged head of the Cretan mafia. A second audio recording, legally intercepted by the Hellenic Police, reveals the former minister’s involvement
Cretan Mafia: Suspects hurled insults and sarcasm as they appeared before prosecutor
48-hour extension granted for testimonies. Tense scenes unfolded yesterday afternoon at the Chania Courthouse, as the first defendants in the major criminal case that has shaken Crete were brought before the authorities. According to police,
Mitsotakis attends signing for new chair on Alexander the Great at Aristotle University of Thessaloniki
In the presence of Prime Minister Kyriakos Mitsotakis, a memorandum of cooperation was signed for the establishment of a new academic chair at the Aristotle University of Thessaloniki (AUTH), dedicated to Alexander the Great. The
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
Anthony Albanese invites UAE retail giant LuLu to Australia
Australian Prime Minister Anthony Albanese has shown keen interest in the international retail chain LuLu Hypermarket, inviting Indian billionaire MA Yusuff Ali to consider expanding the company into Australia. The invitation came during the Prime
US gives green light to AUKUS ahead of Albanese’s visit to Washington
Australia’s largest-ever defence agreement, AUKUS, appears to have successfully passed a US government review, paving the way for its continuation ahead of Prime Minister Anthony Albanese’s visit to Washington next month. The review began in
Plans for a nuclear strike on an asteroid threatening the moon – challenges and prospects
The scientific community is seriously considering the use of a nuclear weapon to intercept asteroid 2024 YR4, which has a significant chance of colliding with the Moon in 2032. Measuring approximately 55 meters in diameter,
Trump Restores Death Penalty in Washington D.C.
Donald Trump signed a presidential memorandum reinstating the death penalty in Washington D.C., a move described by the U.S. administration as a strong preventive measure against serious crimes. Attorney General Pam Bondi stated that the
Clear European warning to Putin: “We are ready to shoot down Russian aircraft”
Tensions on NATO’s eastern borders are escalating as European diplomats delivered a clear warning to Moscow: incursions into alliance airspace will not go unanswered, including the potential downing of Russian aircraft. According to Bloomberg, the
Erdogan: “We will take our share in the Mediterranean – win-win Cooperation with Neighbours”
Turkish President Recep Tayyip Erdoğan, returning from the UN General Assembly in New York, reiterated Ankara’s hardline stance on the Eastern Mediterranean and Cyprus. Speaking to journalists aboard his flight, Erdoğan declared Turkey’s determination to
