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
Joint αir defence network between Israel, Greece and Cyprus
Israelis: “Deterrence of Turkey Is the Objective” The prospect of a joint air defence network between Israel, Greece and Cyprus — based on interoperable systems operating within a network-centric framework — represents a truly landmark
Smaragdis: “I received threats over the film Kapodistrias”
The official premiere of Giannis Smaragdis’ new film, Kapodistrias, was marked by intense emotion, as the acclaimed director spoke publicly — with rare candour — about the loss of his wife, Eleni Smaragdi, to whom
Greece and Turkey agree on closer cooperation against organised crime
Greece and Turkey have agreed to significantly strengthen bilateral cooperation in the fight against organised transnational crime, following high-level talks in Istanbul between Greek Minister for Citizen Protection Michalis Chrysochoidis and Turkish Interior Minister Ali
Mitsotakis unveils major housing, loan and farming measures during Budget speech
Greek Prime Minister Kyriakos Mitsotakis used his address to Parliament during the debate on the State Budget to announce a series of significant policy initiatives targeting housing affordability, Swiss franc loan holders, and farmers. The
Farmers submit demands to government, reject transfer of OPEKEPE oversight to tax authority
Greek farmers have formally submitted a comprehensive list of demands to the government, placing strong emphasis on their opposition to the transfer of oversight and control of OPEKEPE—the agency responsible for agricultural subsidies—to the Independent
Postal voting for Greeks abroad set to expand to national elections
The government has signalled its intention to extend postal voting to Greek citizens living abroad in national elections, marking a significant institutional reform of the country’s electoral system. The announcement was made by Interior Minister
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
ISIS threat to Champions League confirmed as security tightens in Paris, Madrid and London
Concerns are growing as Europe goes on red alert following the threat of terrorist attacks at Champions League matches by Islamic State. France, Spain and Britain have all reacted swiftly to tighten security ahead of
Trump leads Biden in six of the seven most competitive states
Republican leader Donald Trump has a 2 to 8-point lead over incumbent President and Democratic leader Joe Biden in a poll conducted in six key states ahead of the November United States presidential election. According
Earthquake in Taiwan: Fear for those trapped inside tunnel
Rescue teams in Taiwan are racing to free trapped people after the more than seven-magnitude earthquake, the largest in 25 years, shook the country yesterday. Among them were more than 130 people trapped inside buses
Major 7.4 magnitude earthquake in Taiwan: Tsunami warnings
An earthquake measuring 7.4 on the Richter scale struck Taiwan just before 8am (Taipei time). The epicentre of the quake was quite close to the island, prompting emergency tsunami warnings in Taiwan itself and on
Turkey Local Elections: Opposition asserts victories in major cities, dealing blow to Erdogan
Ekrem Imamoglu, Mayor of Istanbul, celebrates triumph, dealing a blow to the longstanding power of the Turkish president after two decades. In Turkey’s local elections, the primary opposition party has declared triumph in Istanbul and
Serbian President Vucic: Dora Bakoyannis should be ashamed
Serbian President Vucic strongly criticized Dora Bakoyannis, saying Dora Bakoyannis should be ashamed, alleging that she altered her position as the European Parliament’s speaker regarding Kosovo’s accession to the Council of Europe.”I am well aware
