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
Greece hails Pierrakakis’ Eurogroup victory as a win for the nation — Implications for Australia–EU relations
Greece’s Minister for National Economy, Kyriakos Pierrakakis, received an overwhelmingly enthusiastic welcome from the parliamentary caucus of New Democracy after his election as President of the Eurogroup. His elevation to one of Europe’s most influential
OPEKEPE fraud ring in Crete: Subsidy payments routed through bank account of deceased man
A major agricultural subsidy fraud ring in Crete has been dismantled by the Hellenic Financial Police, revealing a sophisticated yet brazen scheme that channelled public funds into bank accounts belonging even to deceased individuals. Authorities
Karystianou urges EU Prosecutor to override Greek ministers’ immunity
Karystianou Urges EU Prosecutor to Override Greek Ministers’ Immunity — The mother of a young woman killed in Greece’s deadliest train crash has called on the European Public Prosecutor’s Office (EPPO) to uphold the primacy
Greek innovation triumphs as THEON signs record defence agreement
Greek innovation triumphs as THEON signs record defence agreement — a development highlighted in an interview with Mononews, where Christian Hatziminas, founder and CEO of THEON Sensors, described the company’s landmark contract with OCCAR as
The 23-year-old farmer who drove the roadblocks and the government crazy with her fighting spirit
The 23-year-old farmer who drove the roadblocks and the government crazy with her fighting spirit has become a symbol of resilience and authenticity in Greece’s ongoing farmers’ protests. Anna Kampani, just 23 years old, has
Director of “Avgi” resigns after controversial front page featuring Alexis Tsipras
A significant internal shock has hit SYRIZA after the director of the newspaper Avgi, Spyros Sourmelidis, resigned following a controversial Sunday front page that placed former Prime Minister Alexis Tsipras in direct contrast with 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
Clashing visions for AI at the Paris Summit
At the Paris AI Summit—often regarded as the Davos of the AI community—global leaders presented starkly contrasting visions for the future of artificial intelligence. There are Clashing visions for AI at the Paris Summit. On
Eurovision: Turkey takes on “Asteromata”
“Asteromata”, the song by Klavdia that will represent Greece in the Eurovision final in Basel, Switzerland, has become a red flag for the Turks. Eurovision: Turkey takes on “Asteromata”. The Public Radio and Television (TRT)
Trump claims U.S. will ‘take over’ Gaza and ‘level’ it
In a stunning announcement during a joint press conference with Israeli Prime Minister Benjamin Netanyahu at the White House, former U.S. President Donald Trump declared that the United States would “take over” and “own” the
Bloomberg warns the World: Turkey’s naval ambitions surge with two new frigates
The commissioning of two new Turkish frigates this month marks a significant step in Ankara’s naval expansion, strengthening its influence in the Mediterranean, Aegean, and Black Seas, and extending its reach beyond these regions. This
Greece rises against a failing state in the wake of the Tempi tragedy
The Tempi tragedy, which in February 2023 claimed the lives of 57 people, remains an open wound for Greek society. Greece rises against a failing state in the wake of the Tempi tragedy. Last Sunday,
What is DeepSeek, and why did it shake US tech stocks?
A Chinese tech startup called DeepSeek has sent shockwaves through US stock markets and reignited debate over economic and geopolitical competition between the United States and China. So, What is DeepSeek, and why did it
