Economy

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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...

Greece and Australia’s economic relations flourish with strong growth in key sectors

A recent report by Greek office of Economic & Commercial Affairs in Sydney highlighted Australia’s potential investment interest in Greece.

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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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Pensions and energy subsidies the focus of Greece’s new 5.5 billion euro economic package

Greek PM, Kyriakos Mitsotakis, announced 21 initiatives to support households and businesses buffeted by energy crisis and high inflation.

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.

Frydenberg unveils biggest deficit since World War II

Treasurer Josh Frydenberg has revealed the budget will be in the red by $85.8 billion in 2019-20 and $184.5 billion in 2020-21.