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Economy

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Economist Sophie Photios estimates 50 percent chance of recession for 2024

Macquarie economist Sophie Photios estimates there is a 50 percent chance of recession this year as the “trap” of high migration unwinds.

Sydney mansion by architect Alec Tzannes to smash Australian property record

The mansion, spanning 2,676 square meters—an equivalent of four standard residential blocks—offers an unparalleled view of Sydney Harbour.

Postal voting and Greek economy: Hot topics at breakfast event with Greek Minister

Business Sydney held exclusive breakfast to discuss the recent reform of postal voting for Greeks abroad and the economic outlook in Greece.

Senior Australians to receive rise in pension

This week’s pensions payday will deliver many senior Australians almost $20 extra per fortnight, and some of them have a chance to turn it...

Inter IKEA to invest 70 million euros in Greece’s logistics infrastructure

Andrea Colzani announced Inter IKEA's intention to invest in Greece at a meeting at the Maximos Mansion on Tuesday morning.

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Opinion

National centres and the Greek diaspora

The Race (Genos) of Hellenes, both within its ethno-linguistic geographical boundaries and in the Diaspora, for three thousand years now, has been intensely religious.

Cyprus’ cultural heritage is not for sale

For centuries, ancient artefacts, art, and relics have been a topic of ownership, provenance, and morality debates.

50 years of occupation: Who remembers Cyprus?

At the Ledra Palace check point in Nicosia, Cyprus stands a red and white sign that reads: ‘TURKISH REPUBLIC OF NORTHERN CYPRUS FOREVER.'

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Greek economy hit hardest by the coronavirus pandemic, EU says

The Greek economy is set to contract by 9.7 percent in 2020 because of the COVID-19 pandemic, the European Commission forecast on Wednesday.

Mitsotakis hails ‘reasonable and fair’ EU deal to tackle coronavirus crisis

The EU has reached a deal on post-pandemic recovery, with Greek PM Kyriakos Mitsotakis saying Greece is set to receive more than 70 billion euros in aid.

Andrew Liveris appointed co-chair of NT’s Economic Reconstruction Commission

Andrew Liveris will co-chair the NT's new Economic Reconstruction Commission to attract investment to the Territory and create local jobs post-pandemic.