Economy

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Mark Bouris warns Australia faces recession as 1700 small businesses collapse

Australian businessman and finance expert Mark Bouris has warned Australia is “definitely” heading towards a recession.

Bank of Sydney economist says inflation pressures leave RBA facing difficult choice

Australia’s inflation rate accelerated sharply in March, with headline consumer prices rising 4.6 per cent annually.

Bank of Sydney shares banking tips to help households and businesses in 2026

The latest inflation data confirms that price pressures are proving more stubborn than policymakers had anticipated.

Greece clears €5.29bn in early loan repayments with ESM approval

The European Stability Mechanism (ESM) has signed off on Greece’s early repayment of €5.29 billion in Greek Loan Facility (GLF) debt.

Sydney publican Jon Adgemis’ yacht taken over by receivers

The Commonwealth Bank has appointed receivers to The Yacht Pty Ltd, the company that owns Jon Adgemis' 95-foot yacht Hiilani, formerly owned by Hollywood...

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Opinion

Greek community leaders rally behind unity call over $119.5m Hellenic Village sale

Greek Australian community leaders have backed calls for unity over the $119.5 million Hellenic Village sale.

Speaking in which tongues? The liturgical language debate

The present debate within the Greek community of Australia concerning the language of the Divine Liturgy unfolds with a curious intensity.

Eugenia Mitrakas on rebalancing the scales for women and migrants

The scales of justice are not just a phrase — they are a powerful symbol rooted in Greek thought and part of our shared Hellenic heritage.

 

 

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‘The bills don’t stop coming in,’ says small business owner Penny Kerasiotis

Penny Kerasiotis runs a cake shop in Brunswick West called Miss Penny Cakes, and she says the impact of the latest lockdown will be "devastating."