Economy

Latest

Steve Maras confident Adelaide’s Rundle St will rebound despite rising vacancies

Rundle Street’s vacancy rate has risen above 10 per cent, reflecting pressures facing retailers across Australia.

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.

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Opinion

‘Because of her, I can’: Female leaders pen letters to future Greek Australians

As part of The Greek Herald's centenary, a group of distinguished Greek Australian women have penned letters to the community of 2126.

‘Your turn to carry it forward’: Messages to future generations of Greek Australians

As The Greek Herald marks its centenary, prominent Greek Australians have penned letters to future generations.

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.

 

 

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Australia’s unemployment rate rises to 6.2 per cent for April

About 594,300 Australians lost their job in April 2020 as a result of government restrictions and business shutdowns caused by the coronavirus pandemic.

Immigration Minister: Reduced migration ‘an exacerbating cause’ of Australia’s labour shortages

There is a looming shortage of workers across Australia, with reduced migration being an exacerbating factor.

Greek PM calls for EU deal on COVID stimulus

Greek Prime Minister, Kyriakos Mitsotakis,wants to agree on a mass economic stimulus to kickstart growth in an EU impacted by the coronavirus pandemic.