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Economy

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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.

Paul Nicolaou hails The Everest’s $30 million boost to NSW economy

Racing punters are set to pump an impressive $30 million into the New South Wales economy as they celebrate the upcoming TAB Everest Day.

Business Sydney’s Paul Nicolaou welcomes review of NSW Visitor Economy Strategy

Millions of extra airline seats, tens of thousands of hotel rooms and a focus on tourism will transform the state’s visitor economy.

Cyprus green-lights $2.1 billion undersea cable to link electricity grid with Greece

Cyprus officially approved the construction of a $2.1 billion undersea electricity cable that will connect its power grid with Greece’s.

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Opinion

Ethnic media: A necessary platform informing a multicultural Australia

Independent ethnic media like The Greek Herald play a vital role in Australia’s multicultural landscape, delivering culturally specific news.

My partner doesn’t speak Greek – Can we still raise bilingual kids?

You can absolutely raise bilingual children, even if only one parent speaks Greek. Across the world, countless families do so successfully.

Joint bank accounts: Who gets the money?

All people named in a joint account are privy to the money by Law. Most of us have opened accounts at various bank branches.

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Dennis Bastas on his success in Australia’s pharmaceutical industry

The co-founder, Chairman and CEO of Arrotex Pharmaceuticals, Dennis Bastas, has he placed 110th in ‘Australia’s Richest 250’ list.

Debt relief now possible in Greece but only after complete asset liquidation

Greek people who owe money to banks or the state will now be eligible for bankruptcy, but only if everything they own is taken from them first.

Greece anticipates grants of at least 8-10 billion euros from French-German recovery plan

The Greek government is expecting a growth boost of 1.5-2% of gross domestic product for the next three years through the EU Recovery Fund.